Northridge, CA 91325 18416 Halsted Street
$4,900,000
2 more
Presented By: Hooman Emanuel with Keller Williams Studio City;
- MLS# 25490743
- 01/29/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 23
Baths • 24
SQFT • 14,053
Home Details
Price Reduced! 10.25X Current GRM and a 6.34% Ca. 1980 Construction (subject to AB-1482), no City of LA rent control. Prime location one block from CSUN. Below market rent rates and implementing RUBS system will greatly increase cashflow. Building has been newly painted and is located in a High Resource Area (SAFMR are Tier 4). Tremendous upside and opportunity on this.
Presented By: Hooman Emanuel with Keller Williams Studio City;
Interior Features for 18416 Halsted Street
Bedrooms
Total Bedrooms23
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths24
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories2
General for 18416 Halsted Street
Additional Parcels Y/NNo
AppliancesMicrowave
Attached Garage No
Buyer FinancingCash
Cap Rate6.34
Carport Y/NNo
CityNorthridge
CoolingWallWindowUnits
CountyLos Angeles
Directions1 block East of Reseda and 1block North of Plummer
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income477839.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet22517.0
Lot Size UnitsSquareFeet
MLS AreaNR - Northridge
MobileHomeRemainsYNNo
Net Operating Income310671.0
New ConstructionNo
Number Of Units Total23
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Waterfront Y/NNo
Year Built1980
ZoningLAR3
Exterior for 18416 Halsted Street
Building Area Total14053.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions75x300
Lot Size Acres0.5169
Lot Size Area22517.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesAssigned, Gated
Private PoolNo
SpaNo
Total Parking2.0
Additional Details
Price History
Hal Schlegel
Broker Associate