8403 Lindley Avenue

    Northridge, CA 91325
    • $1,125,000
    • STATUS: Active
    • ON SITE: 32 days
    • ID#: 18355144
    UPDATED: 91 min ago
    $1,125,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,925
      SQFT
    • $385
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1975
    County:

    School Ratings & Info

    Description

    This well maintained property consists of all 1bed/1bath units. There is parking for all tenants at the rear of the building. Four of the five units have been updated. Upgrades include laminate flooring, granite counter tops, paint, as well as new toilets and bath tubs. There is an on site laundry room located at the rear of the building. The exterior of the property has recently been painted along with the installation of a new iron fence.The property is located directly across the street from Northridge Middle School. It is also less than one mile from both the Cal State University Northridge campus and Northridge hospital.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-17T00:29:00.423. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/84661626

    8403 Lindley Avenue Northridge, CA 91325

    • Price: $1,125,000
    • Status: Active
    • Updated: 91 min ago
    • ID#: 18355144
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    2,925
    SQFT
    $385
    $/SQFT
    1975
    Built
    Neighborhood:
    NR - Northridge
    County:
    Los Angeles
    Area:
    NR - Northridge
    Property Description
    This well maintained property consists of all 1bed/1bath units. There is parking for all tenants at the rear of the building. Four of the five units have been updated. Upgrades include laminate flooring, granite counter tops, paint, as well as new toilets and bath tubs. There is an on site laundry room located at the rear of the building. The exterior of the property has recently been painted along with the installation of a new iron fence.The property is located directly across the street from Northridge Middle School. It is also less than one mile from both the Cal State University Northridge campus and Northridge hospital.
    Exterior Features

    Lot Size Units Square Feet Parking Features Parking Space Parking YN Yes

    Interior Features

    Appliances None Appliances YN No Laundry Features None

    Property Features

    Cap Rate 4.66 Gross Multiplier 14.23 Gross Operating Income 79068.00 Improvements Amount 285184 Insurance Expense 1170.00 Land Value 417216 Laundry Income 1620.00 Laundry YN No Maintenance Expense 2500.00 Net Operating Income 52372.00 Operating Expense 1000.00 Other Expense 820.00 Professional Management Expense 3133.00 Special Listing Conditions Standard Total Expenses 25944.00 Water Sewer Expense 3900.00 Zoning Lar3

    Listing provided courtesy of Elliot Hassan of Marcus & Millichap.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-17T00:29:00.423. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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