**FOUR UNITS ON ONE LOT** LIVE IN ONE AND RENT THE OTHER THREE. Rare 4-Unit Opportunity in the heart of Northridge! An incredible opportunity for an owner-user looking to live in one unit while collecting rental income from the other three, or an investor looking to add a turnkey multifamily property to their portfolio. The 2-bedroom + 1-bathroom unit at 18544 Bryant St will be DELIVERED VACANT, giving the next owner the opportunity to move right in and have three existing tenants helping generate income from day one. The property consists of a Duplex plus Two ADUs for a total of four separate units and 6 bedrooms + 5 bathrooms: 18544 Bryant St – 2 beds + 1 bath (delivered vacant); 18546 Bryant St – 1 bed + 1 bath; 18542 Bryant St – 2 beds + 2 baths; and 18542 ½ Bryant St – 1 bed + 1 bath. The original residence was extensively renovated with a new roof, electrical, plumbing and cabinetry, while additional units and two ADUs were added to create this unique four-unit property. All four units are single-story and feature central A/C, tankless water heaters, in-unit landlord-owned washers and dryers, and separate electric and gas meters. Both ADUs also feature PAID-OFF SOLAR. Parking includes tandem driveway parking for the 2+2 unit and an additional front parking space for the 2+1 unit. Several units offer their own outdoor areas, and the property is secured by a motorized gate. Water and sewer are shared, while tenants pay their own gas, electric and trash. Why rent when you can live here while building your own real estate portfolio? With one unit delivered vacant and three units already generating rental income, this property offers a unique path toward homeownership and long-term investment in one of Northridge’s most desirable rental markets. Conveniently located near CSUN, shopping, dining and major freeways. Live in one, rent the other three, and start building your real estate portfolio from home! Fully permitted ready for you to HOUSE HACK!
Property Sub Type:
Quadruplex
Property Attached:
Yes
Lot Area:
5,743 sq. ft.534 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
1952
(Age: 74)
General Listing Location:
Northridge, NR - Northridge
County Or Parish:
Los Angeles
Tenant Pays:
Sewer, Trash Collection, Water
Common Interest:
None
Gross Income:
$104,400
Gross Scheduled Income:
$108,600
Net Operating Income:
$108,600
Rent Control:
No
Total Actual Rent:
$108,600
Association Fee:
$0
Land Lease:
No
Insurance Expense:
$0
Operating Expense:
$0
Pest control expense:
$360
Trash Expense:
$0
Water and Sewer Expense:
$4,200
Tax Lot:
110
W of Reseda and S of Parthenia
Floor
Type
Size
Other
-
Living Room
Measurements not available
-
-
Family Room
Measurements not available
-
-
Bedroom
Measurements not available
All Bedrooms Down
-
Kitchen
Measurements not available
-
-
Laundry
Measurements not available
-
Number of Buildings:
2
Other Structures:
Guest House
# of Electric Meters:
4
# of Gas Meters:
4
# of Water Meters:
1
# Units Leased:
3
Community Features:
Curbs
Senior Community:
No
Interior Features:
Open Floorplan, Quartz Counters, Recessed Lighting, All Bedrooms Down
Laundry Features:
Inside
Window Features:
Double Pane Windows
Pool Features:
None
Private Pool:
No
Lot Features:
Flag Lot, Front Yard, Level, Rectangular Lot, Yard