8523 Etiwanda Avenue, Northridge, CA 91325 - Berkshire Hathaway HomeServices California Properties
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8523 Etiwanda Avenue, Northridge, CA 91325

$9,400,000 Approx. USD 78 beds, 48 baths
38,234 sqft

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Listing Agent


Robert Renshaw | rob@taksainvestment.com
Lic#: 01332831
Broker: Courtesy of REMAX COMMERCIAL & INVESTMENT REALTY

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# 25493719
List price is $9,400,000 Reduced by $100,000 on 4/18/2025
Price: $9,400,000
Beds: 78
Baths: 48
Built in 1964
38,234 sqft
2 stories
1.12 acres
Lot size: 1.1160
County: Los Angeles
Zoning: LAR3
Parking description: Carport
Heating/cooling: Wall/Window Unit(s)
Heating description: Wall Furnace
MLS area: NR - Northridge

Last Updated: 5/28/2025

 Days On Market (DOM): 113

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This listing belongs to the NR - Northridge MLS area

Lat/Long: 34.225335, -118.532301.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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