8333 Lindley Avenue

    Northridge, CA 91325
    • $1,925,000
    • STATUS: Active
    • ON SITE: 121 days
    • ID#: SR19116961
    UPDATED: 46 min ago
    $1,925,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,300
      SQFT
    • $264
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1957
    County:

    School Ratings & Info

    Description

    Rents below market in stable solid rental area. Well maintained near CSUN and Northridge Hospital.Great Exchange property to go in to. Buyer to cooperate with Seller on a 1031 Exchange. Great opportunity for a move up buyer.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-18T00:32:21.337. 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 deemed reliable but is not guaranteed accurate by the MLS or Heller The Home Seller | Keller Williams Realty. Licensed in the State of California, USA.
    www.hellerthehomeseller.com/homes/94979704

    8333 Lindley Avenue Northridge, CA 91325

    • Price: $1,925,000
    • Status: Active
    • Updated: 46 min ago
    • ID#: SR19116961
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    7,300
    SQFT
    $264
    $/SQFT
    1957
    Built
    Neighborhood:
    NR - Northridge
    County:
    Los Angeles
    Area:
    NR - Northridge
    Property Description
    Rents below market in stable solid rental area. Well maintained near CSUN and Northridge Hospital.Great Exchange property to go in to. Buyer to cooperate with Seller on a 1031 Exchange. Great opportunity for a move up buyer.
    Exterior Features

    Carport Spaces 12.00 Garage Spaces 0.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedDetached Carport Parking Total 12.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Common Area Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 3.70 Community Features SidewalksStorm DrainsStreet LightsUrban Country Us Electric Expense 12180.00 Elevation Units Feet Fuel Expense 0.00 Furniture Replacement Expense 5187.00 Gardener Expense 1080.00 Gross Income 129695.00 Gross Multiplier 15.00 Gross Scheduled Income 129695.00 Insurance Expense 3600.00 Land Lease YN No Laundry Equipment Own Lease Own Laundry Income 4800.00 Laundry YN Yes Licenses Expense 1200.00 Maintenance Expense 2593.00 Net Operating Income 71243.00 New Construction YN No New Taxes Expense 21450.00 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Number Of Units Leased 8 Operating Expense 55858.00 Professional Management Expense 0.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 10807.00 Total Expenses 55858.00 Trash Expense 2568.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Brian Hatkoff of Hatkoff Investments and Lara Vanian-Green of Monica Patanian


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-18T00:32:21.337. 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 deemed reliable but is not guaranteed accurate by the MLS or Heller The Home Seller | Keller Williams Realty. Licensed in the State of California, USA.
     
    Heller The Home Seller | Keller Williams Realty
    171 Saxony Road, Ste. 205
    Encinitas CA, 92024