$1,395,000
17920 Schoenborn Street, Northridge CA 91325
Multi-Family (6 Units)
Property type
27 days
On market
$281
Price per sqft
6 cars
Garage
1959
Year built
7,322 sqft
Lot size
Open Houses
Overview
Excellent Investment Property! Multifamily 6 units building, located in a great area of Northridge, Endless possibilities, live in one and rent the others. Minutes away from California State University (CSUN), steps to Northridge Middle School, walking distance to Northridge Hospital Medical Center, minutes drive to Northridge Mall, easy access to buss and major freeways,...
Listing provided by: Norma Caviedes-Ochoa DRE #01091909, Century 21 Masters
Listing updated: May 20, 2026 at 04:12am.
Last checked: Jun 13, 2026 at 08:00pm
Source: CRMLS #SR26109509
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | 1 | $1,153 | $1,153 | $1,800 | Unfurnished |
| 1 | 1 | 1 | 1 | $1,227 | $1,227 | $1,800 | Unfurnished |
| 1 | 1 | 1 | 1 | $1,299 | $1,299 | $1,800 | Unfurnished |
| 1 | 1 | 1 | 1 | $11,750 | $1,750 | $1,800 | Unfurnished |
| 1 | 2 | 1 | 1 | $2,200 | $2,200 | $2,200 | Unfurnished |
| 1 | 3 | 1 | 1 | $2,800 | $2,800 | $2,800 | Unfurnished |
# of Buildings: 1
# of Units Total: 6
Separate Electric Meters: 6
Separate Gas Meters: 6
Separate Water Meters: 6
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
11.1x
List Price / Annual Gross Rent
Cap Rate
5.97%
NOI / List Price
Gross Scheduled Income: $125,148
Vacancy Allowance: $3,754
Operating Expense: $38,112
Net Operating Income: $83,282
Annual Operating Expenses
Electric: $3,900
Fuel: $1,800
Insurance: $9,787
Professional Management: $0
Trash: $1,500
Water / Sewer: $3,550
Interior
Laundry: Common Area
Entry Location: Schoenborn
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: Two Common Walls Or More
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 6
Parking Total: 6
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 2787007014
Additional Parcels: No
Tax Lot: 24
Community
Senior Community: No
Community Features: Curbs, Street Lights