Northridge Homes with Quadruplex Subtype

Northridge Homes with Quadruplex Subtype

Welcome to Northridge, California—a vibrant neighborhood nestled in the heart of the San Fernando Valley, part of Los Angeles County. Known for its suburban charm and diverse community, Northridge offers an ideal blend of convenience and tranquility. With tree-lined streets, lush parks, and a variety of shopping and dining options, residents enjoy a quality of life that’s hard to beat. The area is also home to California State University, Northridge, which adds a lively energy and cultural richness to the community.

For those exploring investment opportunities, consider the enticing prospect of homes with a quadruplex subtype in Northridge. These unique properties are perfect for savvy investors looking to maximize their rental income while enjoying the benefits of real estate ownership. A quadruplex typically consists of four separate living units, allowing for multiple rental streams from a single property. This setup not only enhances cash flow potential but also offers an opportunity to house extended family or friends in a close-knit environment.

Northridge's demand for rental properties is bolstered by its proximity to major employment centers, educational institutions, and recreational facilities. With a strong rental market and a community that prioritizes family-friendly living, investing in a quadruplex here can be a smart choice. Imagine the possibilities of owning a property that provides both a steady income and a chance to be part of this welcoming neighborhood. Whether you're an experienced investor or just starting, Northridge is a place where your real estate dreams can flourish.

Newest Northridge Homes with Quadruplex Subtype

$1,995,000
SR26139389 MLS Active Under Contract Status
A rare opportunity to own a fully permitted four unit property in the heart of Northridge, offering exceptional cash flow, quality construction, and long term upside. Situated on a quiet residential street, this property spans an expansive, flat, approximately 12,289 square foot lot and features four thoughtfully designed units on a single APN. The front residence was completely renovated in 2019 and offers approximately 2,172 square feet with 3 bedrooms, 2 bathrooms, and a large private backyard, making it an ideal owner user residence or premium rental. Tucked behind the front home are three additional units consisting of a spacious 2 bedroom, 2 bathroom residence of approximately 1,156 square feet and two studio units of approximately 370 square feet each, all newly constructed in 2020. The property is further enhanced by owned, fully paid off solar, providing long term energy savings and added value. Additional highlights include a large circular driveway, ample street parking, expansive backyard and common areas, and an on site security camera system. Currently fully occupied, the property has been owned, maintained, and developed by a seasoned builder with an established track record of constructing high quality four unit properties throughout the San Fernando Valley. Conveniently located near highly rated schools, shopping, dining, and everyday amenities, this is a rare investment opportunity in one of Northridge's most desirable residential neighborhoods.

10228 Encino Avenue, Northridge

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