CA > Northridge
Northridge, CA 91325,8523 Etiwanda Ave
Northridge, CA 91325,8523 Etiwanda Ave
Northridge, CA 91325,8523 Etiwanda Ave
41
See all 41 photos
$8,450,000
$9,400,000 10.1%
Est. payment /mo
78 Beds
48 Baths
38,234 SqFt
Sold on 07/25/2025

8523 Etiwanda Ave Northridge, CA 91325

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Michelle Wong
Michelle Wong

Agent | RE.0200772

+1(415) 577-2031

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Key Details

Sold Price $8,450,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 38,234 sqft

Price per Sqft $221

MLS Listing ID 25493719

Sold Date 07/25/25

Bedrooms 78

Year Built 1964

Lot Size 1.116 Acres

Acres 1.1166

Property Sub-Type Multi-Family

Property Description

We are pleased to present the opportunity to purchase a stable, professionally managed 48-unit multifamily asset in the heart of the San Fernando Valley with significant future upside potential. Casa Etiwanda is located at 8523 Etiwanda Avenue in Northridge, CA about 25 miles northwest of downtown Los Angeles. This suburban neighborhood has a population of nearly 62,000 with a strong employment base that creates consistent demand for quality rental housing. Casa Etiwanda offers studio, 1-bedroom, and 2-bedroom layouts providing plenty of options for a wide range of renters. The (31) 2-bedroom, 1-bathroom units, (16) 1-bedroom, 1-bathroom units, and (1) studio unit contain features such as laminate flooring, granite counters, window/wall-mounted HVAC, and dishwashers. The property also has on-site parking for 47 vehicles as well as laundry facilities, a barbeque area, a gym, and a swimming pool. The soft story retrofit has recently been completed. Spread across 1.1 acres, Casa Etiwanda provides tenants with plenty of green space and mature landscaping. All areas of the property including the main building, rear building, and parking lots are secured and accessible only to tenants. Guests are provided access via a central intercom system that rings tenants directly from the front entrance. As an investment opportunity, Casa Etiwanda provides buyers with a stable asset that can be easily financed. Furthermore, implementing a comprehensive renovation and reposition strategy for the property offers significant long-term growth potential.

Location

State CA

County Los Angeles

Area Northridge

Zoning LAR3

Rooms

Other Rooms Other

Interior

Heating Wall

Cooling Wall/Window

Equipment Other

Exterior

Parking Features Carport

Garage Spaces 47.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by REMAX COMMERCIAL & INVESTMENT REALTY
Bought with REMAX COMMERCIAL & INVESTMENT REALTY

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agent

Michelle Wong

Agent | RE.0200772

+1(415) 577-2031

Name
Phone*
Message
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8523 Etiwanda Ave