10228 Encino AvenueNorthridge, CA 91325

Multi-Family · 4,069 Sq. ft. | 0.28 Acres
$1,995,000 Active

10228 Encino Avenue Overview

Time on Site:
3 days
Visits:
0

A rare opportunity to own a fully permitted four unit property in the heart of Northridge, offering exceptional cash flow, quality construction, and long term upside. Situated on a quiet residential street, this property spans an expansive, flat, approximately 12,289 square foot lot and features four thoughtfully designed units on a single APN. The front residence was completely renovated in 2019 and offers approximately 2,172 square feet with 3 bedrooms, 2 bathrooms, and a large private backyard, making it an ideal owner user residence or premium rental. Tucked behind the front home are three additional units consisting of a spacious 2 bedroom, 2 bathroom residence of approximately 1,156 square feet and two studio units of approximately 370 square feet each, all newly constructed in 2020. The property is further enhanced by owned, fully paid off solar, providing long term energy savings and added value. Additional highlights include a large circular driveway, ample street parking, expansive backyard and common areas, and an on site security camera system. Currently fully occupied, the property has been owned, maintained, and developed by a seasoned builder with an established track record of constructing high quality four unit properties throughout the San Fernando Valley. Conveniently located near highly rated schools, shopping, dining, and everyday amenities, this is a rare investment opportunity in one of Northridge's most desirable residential neighborhoods.

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10228 Encino Avenue Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,069
  • Price/Sq.ft. $490
  • Lot 0.28 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

Income/Expenses

  • Gross Income: 138720.0
  • Gross Scheduled Income: 138720.0
  • Net Operating Income: 131400.0
  • Operating Expense: 7320.0

Building Information

  • New Construction: No
  • Year Built: 2019

Location/Region

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

Community/Development

  • Community Features: Valley

Rent/Lease Information

  • Land Lease: No

General Information

  • Listing Terms: Cash,Cash to New Loan,Submit
  • Parcel Number: 2734026003
  • Property Condition: Updated/Remodeled,Turnkey
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: No

Building Interior

  • Building Area Total: 4069.0
  • Building Area Units: Square Feet

General Information

  • Appliances: 6 Burner Stove,Dishwasher,Electric Cooktop,Electric Range,Disposal,Microwave,Refrigerator,Tankless Water Heater
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: 1
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Features: Quartz Counters,Recessed Lighting,Bedroom on Main Level,Main Level Primary,Primary Suite
  • Laundry Features: Inside,Laundry Room
  • Spa Features: None
  • Spa: No
  • Stories Total: 1
  • Window Features: Double Pane Windows

Exterior

Parking Information

  • Open Parking Spaces: 4.0
  • Parking Features: Circular Driveway,On Street
  • Parking Total: 4.0

Lot Information

  • Additional Parcels: No
  • Lot Features: Back Yard,Drip Irrigation/Bubblers,Front Yard,Rectangular Lot,Yard
  • Lot Size Acres: 0.2821
  • Lot Size Area: 12289.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 12289.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Modern
    • Property Attached: Yes

    General Information

    • Fencing: Block,Privacy,Vinyl
    • Number Of Units Leased: 4
    • Number Of Units Total: 4
    • Pool Features: None
    • Pool Private: No
    • Sewer: Public Sewer
    • Utilities: Cable Available,Cable Connected,Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Sewer Available,Sewer Connected,Water Available,Water Connected

    10228 Encino Avenue 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.

    10228 Encino Avenue Monthly Cost

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    * 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.

    10228 Encino Avenue Market Data

    Based on the last 30 days in this zip code

    $1,340,089
    Average List Price
    $559
    Average Price per Square Foot
    0
    Properties Sold
    57
    Average Days on Market
    163
    Properties for Sale
    Calculations provided by Reliance Network

    10228 Encino Avenue History

    Date Event Value Agent
    6/29/2026Source: CRMLS Status Change
    Active
    6/26/2026Source: CRMLS Added to Database
    June 26, 2026
    10/21/2022Source: CRMLS Added to Database
    October 21, 2022
    Listing provided courtesy of The AgencyDaniel Ohana- MLS# SR26139389MLS ProviderContact Information: [email protected] - 818-379-7700
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