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8745-8753 Etiwanda Avenue

Northridge, CA 91325

SOLD
Property Summary

Price:

Cap Rate:

GRM:

Sq Ft:

Lot Size:

Approx Year Built:

Units:

Price Per Unit:

Price Per Sq Ft:

$2,320,000

4.47%

12.26

12,230

7,885

1980

10

$232,000

$190

Property Description

The subject properties are located at 8745-8753 Etiwanda Avenue in between Parthenia Street and Nordhoff Street in the city of Northridge. These well maintained and operated non rent controlled 10 unit apartment buildings were built in 1980. Each unit is individually parceled for condominiums.

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The unit mix consists of ten two-bedroom/two and a half bathroom unit. Amenities include 2 car parking garages and on site laundry services. The subject property is conveniently located near Northridge University and is within walking distance to local eateries and shopping centers as well as within minutes of the 405 and 101 freeways.

Deal Highlights
  • Sold Above List Price

  • Multiple Offers

  • Entered Escrow Non Contingent

Asset Highlights
  • Individually Parceled for Condominiums

  • Dense Rental Pocket of Northridge

  • Located within Blocks of CSUN University

  • Bright & Spacious Units

  • Located Near Many Employers & Eateries

  • Excellent Unit Mix

  • Two Car Garages

THE FRYDMAN GROUP

Commercial Real Estate

Meir Mark Frydman

Managing Director

National Multi Housing Group

National Land Group

  • LinkedIn - White Circle
CONTACT

2701 Ocean Park Blvd#140

Santa Monica, CA 90405

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Direct: (310)300-4844

Fax: (818)975-5319

Email: info@frydmangroup.com

www.FrydmanGroup.com

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CAL BRE#01499010

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