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$7,100,000   Price Analysis
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18540 Prairie St
Northridge, CA 91324
36 bed 39 bath 22,232 SqFt ($319/SqFt)
0.55 acre lot. Built 1965
Listed 2024-06-17, Taxes $11,095
Ⓧ USDA Ineligible
due to price & location

near Good Hope

Great Assumable Financi ng: 4.78% Rte

Interest Only, 45% LTV

Great Assumable Financi ng: 4.78% Rte, Interest Only, 45% LTV


Presented by Elliot Hassan at
NorthMarq Realty Services, Inc.


Property MLS #24-404897 from TheMLSCLAW

Bedrooms: 36

Total Bathrooms: 39
Full Bathrooms: 39

Cooling Features: Wall Unit(s)
Heating Features: Wall

Lot Size Acres: 0.5520891
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 24049

Garage Description: Gated

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 28
Unit Features: 1 BathsTotal: 1, 1 SquareFeet: 3300, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 31200, 3 BedsTotal: 2, 3 BathsTotal: 1.5, 3 SquareFeet: 12250, 4 BedsTotal: 2, 4 BathsTotal: 2, 4 SquareFeet: 12500

Vacancy Allowance: 17706

Source Listing Status: Active
County: Los Angeles
Cap Rate: 4.98
Directions: Located just steps from Cal-State University of Northridge, Northridge Manor & Chalet are within a 5-minute drive of some of the San Fernando Valley's most famed establishments such as the Northridge Fashion Center, Valley Performing Arts Center, the Matador Bowl, and Porter Valley Country Club.
Source Property Type: Residential Income
Area: Northridge
Source Neighborhood: Northridge
Parcel Number: 2763-009-009
Zoning: LAR3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$538,303 + $114,799
$653,102
$11,095
2021$527,749 + $112,549
$640,298
$10,840
2020$522,338 + $111,395
$633,733
$10,899
2019$512,097 + $109,211
$621,308
$10,591
2018$502,056 + $107,070
$609,126
$10,149
2017$492,212 + $104,971
$597,183
$9,895
2016$482,561 + $102,913
$585,474
$9,415
2015$475,313 + $101,368
$576,681
$9,312
2014$466,003 + $99,383
$565,386
$9,537
2013$463,897 + $98,934
$562,831
$9,537
2012$454,801 + $96,995
$551,796
$9,657
2010$445,884 + $95,094
$540,978
$9,569
2009$443,604 + $94,609
$538,213
$9,258
2009$442,552 + $94,384
$536,936
$9,258
2008$434,906 + $92,754
$527,660
$8,972
2007$426,379 + $90,936
$517,315
$8,646

Price Changed 2024-07-03
$7,100,000
TheMLSCLAW
Listed 2024-06-17
$7,300,000
TheMLSCLAW
Listing removed 2014-05-09
$1,100
WestsideRentals
Listing removed 2014-05-09
$1,700
WestsideRentals
Listed for rent 2013-12-11
$1,100
WestsideRentals
Listed for rent 2013-12-11
$1,700
WestsideRentals
Listing removed 2013-12-10
$1,100
WestsideRentals
Listing removed 2013-12-10
$1,700
WestsideRentals

Net Operating Income: 353705

Total Square Feet Living: 22232
Year Built: 1965
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 59
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced

Calahan Street Elementary is a public elementary school located approximately 0.2 miles away.
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Northridge Academy High is a public high school located approximately 0.9 miles away.
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Alfred B. Nobel Charter Middle School is a public middle school located approximately 1.2 miles away.
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Our Lady Of Lourdes is a private elementary and middle school located approximately 0.6 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.