
17944 Schoenborn St Northridge, CA 91325
Northridge NeighborhoodEstimated payment $8,009/month
About This Home
Nestled in the heart of Northridge, this well-maintained six-unit multifamily property offers a diverse unit mix of four 1-bedroom, 1-bath units, one 2-bedroom, 1-bath unit, and one spacious 3-bedroom, 2-bath unit. With a variety of layouts, the property appeals to a broad tenant base, from students and professionals to families seeking a comfortable and well-located residence.
This investment opportunity is enhanced by on-site secure carport parking, providing tenants with both convenience and peace of mind. Each unit is individually metered for gas and electricity, ensuring an efficient and cost-effective management structure. Additionally, the property boasts tremendous rental upside, making it a prime candidate for long-term appreciation and increased revenue potential.
Strategically located, Cal State University Northridge (CSUN) is just minutes away, ensuring strong rental demand from students, faculty, and staff. The property is also a short distance from Northridge Fashion Center, Northridge Costco, and a variety of shopping, dining, and entertainment options, enhancing its appeal to prospective tenants. Commuters will appreciate the easy access to the I-405 Freeway and proximity to the Northridge Transit Station, providing seamless connectivity to greater Los Angeles. Additionally, Van Nuys Airport is just a short drive away, making this an ideal location for professionals and frequent travelers.
With its prime Northridge location, strong tenant demand, and substantial rental upside, 17944 Schoenborn St presents an outstanding investment opportunity. Don’t miss the chance to own this well-positioned multifamily asset—contact us today for more details!
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.
Listing Agent
Keller Williams Realty-Studio City Brokerage Phone: 818-381-6601 License #01822661 Listed on: 04/10/2025

Co-Listing Agent
Keller Williams Studio City Brokerage Phone: 818-381-6601 License #01274379
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1959
Lot Details
- 7,322 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Home Design
- Apartment
Interior Spaces
- 4,962 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Parking
- 6 Parking Spaces
- 6 Carport Spaces
Location
- Suburban Location
Listing and Financial Details
- Tax Lot 28
- Tax Tract Number 14922
- Assessor Parcel Number 2787007018
- $1,142 per year additional tax assessments
- Seller Considering Concessions
Community Details
Building Details
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,800
- Fuel Expense $2,800
- Gardener Expense $1,500
- Insurance Expense $4,962
- Maintenance Expense $3,999
- Pest Control $900
- Trash Expense $2,160
- Water Sewer Expense $2,800
- New Taxes Expense $15,625
- Operating Expense $38,746
- Gross Income $103,065
- Net Operating Income $61,227
Additional Features
- 6 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/10/2025 04/10/25 | For Sale | $1,250,000 | +43.2% | $252 / Sq Ft |
05/21/2015 05/21/15 | Sold | $873,000 | -2.9% | $176 / Sq Ft |
03/18/2015 03/18/15 | Pending | -- | -- | -- |
03/17/2015 03/17/15 | For Sale | $899,000 | -- | $181 / Sq Ft |
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Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25079573

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