JoinServicesInsightsPeopleAbout Us
USACANorthridge8615 Balboa Blvd
8615 Balboa Blvd, Home with 14 bedrooms, 54 bathrooms and 54 parking in Northridge CA | Image 1
Link Copied
$8,750,000

8615 Balboa Blvd, Northridge, CA

Real Estate

For Sale

$--,---,---
145454
  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 32452 sqft
Garage No
Maintenance Fees 
Taxes 
Days Active 2
Approx. Age 1964
Avg. Price Per Sqft $269
MLS® Number 25552861

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

54 units plus 1 non-conforming unit in Northridge. Great value add opportunity. Long term owner - 1st time on the market in more than 30 years. Huge upside in the rents - RENTS ARE 45%BELOW MARKET. The property consists of 43 singles, 10 - 1bedroom - 1 bath and 2 - 2 bedroom + 1 bath units. There is 32, 452 square feet of building and it sits on a 38, 701 square foot lot. New water heaters. Opportunity to add ADUs. New electrical panels. Wall Air Conditioners in all the units. 54 parking spots. New carpet in the entry and hallways. Large patio area on the 2nd floor overlooking the pool. On site laundry. The property is centrally located in the San Fernando Valley, minutes from California State University, Northridge, Matador Bowl and the Northridge Fashion Square Mall. Close to shops, restaurants and easy freeway access. PROPERTY CAN BE PURCHASED WITH 40 UNITS LOCATED AT 8567 BALBOA BLVD. This is an excellent opportunity to acquire 94 units in a prime San Fernando Valley location.Show Description
MLS® Number25552861
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1964
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatWall Furnace
A/C
Heating Fuel

Extras

Similar Listings

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

Get notified of price or status changes by saving this listing