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18528 Chase St
Northridge, CA 91324

$9,995,000 USD

Apartments For Sale • 32,058 SF

Property Details

Property Type Apartments
Total Building Size 32,058 SF
Lot Size 0.44 AC
Building Class A
Year Built 2017
Cap Rate 5.25 %
Zoning LAR3

47 Transit Score

77 Walk Score

                
                    Highlights
                
                                Newer Construction in Northridge - Built in 2017
                            
                                Contemporary Architecture with Attractive Amenities
                            
                                Close to Cal State Northridge and Northridge Hospital Medical Center
                            
                                Excellent Unit Mix of 18 – 3+2’s, 5- 2+2’s, 1 – 2+1 and 4 – 1+1’s
                            
                                There are no low/moderate income restricted units (property is subject to LA City RSO)
                            
                                Potential for a 29th Studio Unit ADU

Property Flyers

18528 Chase St OM

Financial Summary (Actual)

Net Operating Income: $524,339 USD (2024)

Cap Rate:	5.25 %
Total Expenses:	$310,767 USD

Amenities

Air Conditioning
Balcony
Controlled Access
Dishwasher
Disposal
Laundry Facilities
Microwave
Picnic Area
Heating
Refrigerator
Oven
Range
Storage Space
Elevator
Multi Use Room

Public Transportation

Commuter Rail	Drive	Walk	Distance
Northridge (Ventura County Line - Southern California Regional Rail Authority (Metrolink))	3 min	17 min	0.9 mi
Chatsworth (Ventura County Line - Southern California Regional Rail Authority (Metrolink))	11 min	-	5.6 mi
Airport	Drive	Walk	Distance
Bob Hope	22 min	-	11.9 mi
Los Angeles International	37 min	-	25.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	52
Type:	Covered
Included in Rent:	Yes

Brett Sanson 818-212-2785 Marcus & Millichap

18528 Chase St Northridge, CA 91324