John E Burge

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18356 NapaNorthridge, CA 91325

Multi-Family · 8,960 Sq. ft. | 0.33 Acres
$4,200,000 Active

18356 Napa Overview

Time on Site:
67 days
Visits:
0

Exceptional investment opportunity in the heart of Northridge. Located at 18356–18360 Napa Street, this well-maintained multifamily property consists of 16 total units across two buildings, offering a combined 8,960 square feet of rentable space situated on a 14,400 square foot lot. Constructed in the mid-1980s, the property features a desirable low-rise, garden-style layout with efficient unit configurations that appeal to a strong and consistent tenant base. Amenities include on-site parking, private balconies in select units, and shared laundry facilities. Positioned in a high-demand rental market, the property benefits from close proximity to California State University, Northridge, major shopping centers, dining, and convenient access to the 101 and 405 freeways. This location continues to attract students, professionals, and long-term renters alike. With solid in-place income and upside potential through interior upgrades and rental repositioning, this asset presents an excellent opportunity for both seasoned investors and those seeking to expand their multifamily portfolio in a stable, growth-oriented submarket.

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18356 Napa Facts & Features

  • Type Multi-Family
  • Sq. ft. 8,960
  • Price/Sq.ft. $469
  • Lot 0.33 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

Income/Expenses

  • Electric Expense: 19761.0
  • Gross Income: 387060.0
  • Gross Scheduled Income: 378160.0
  • Insurance Expense: 6395.0
  • Maintenance Expense: 12396.0
  • Net Operating Income: 267618.0
  • New Taxes Expense: 52500.0
  • Operating Expense: 109930.0

Building Information

  • New Construction: No
  • Year Built: 1986

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: NR - Northridge
  • Postal City: NORTHRIDGE

Community/Development

  • Community Features: Street Lights,Sidewalks,Valley

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: Electricity

General Information

  • Listing Terms: Cash,Cash to New Loan
  • Parcel Number: 2786024034
  • Property Sub Type: Mixed Use
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 24.0
  • Garage: Yes

Building Interior

  • Building Area Total: 8960.0
  • Building Area Units: Square Feet

General Information

  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: 1
  • Laundry Features: Common Area,Laundry Room
  • Spa Features: None
  • Spa: No
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: Attached Carport,Assigned,Covered,Carport,On Street,Tandem
  • Parking Total: 24.0

Lot Information

  • Additional Parcels Description: 2786024038
  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.3306
  • Lot Size Area: 14400.0
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 14400.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 16
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Property Attached: Yes

    General Information

    • Carport: Yes
    • Number Of Units Leased: 15
    • Number Of Units Total: 16
    • Pool Features: None
    • Pool Private: No
    • Sewer: Public Sewer

    18356 Napa Neighborhood

    Community

    91325 (Northridge) Demographics

    37
    Median Age
    7,174
    Population Density (per sq. mile)
    49%
    College Educated
    $72,041
    Estimated Median Income
    5,756
    Estimated Total Home Owners
    6,616
    Estimated Total Renters
    47% / 53%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    18356 Napa Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    18356 Napa Market Data

    Based on the last 30 days in this zip code

    $1,350,405
    Average List Price
    $558
    Average Price per Square Foot
    15
    Properties Sold
    54
    Average Days on Market
    162
    Properties for Sale
    Calculations provided by Reliance Network

    18356 Napa History

    Date Event Value Agent
    4/24/2026Source: CRMLS Added to Database
    April 24, 2026
    Listing provided courtesy of Equity UnionBrad Wiseman- MLS# SR26084303MLS ProviderContact Information: [email protected] - 818-989-2000
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