Northridge (los Angeles), CA 91325,18416 Halsted Street

$4,740,000

$4,900,000

3.3%
Est.Price: ?

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Est. payment /mo

14,053 SqFt


SOLD DATE : 05/29/2025

Key Details

Sold Price $4,740,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 14,053 sqft

Price per Sqft $337

MLS Listing ID CL25490743

Sold Date 05/29/25

HOA Y/N No

Year Built 1980

Lot Size 0.517 Acres

Acres 0.52

Property Sub-Type Other

Property Description

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.

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Building

New Construction No

Others

Tax ID 2764008008

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Bridge MLS
Listed by Hooman Emanuel • Keller Williams Studio City
Bought with AndrewMoore
agent-avatar

+1(925) 808-9139

justinkenney96@gmail.com

9030 BRENTWOOD BLVD, BRENTWOOD, California, 94513, United States

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