18315 Malden St Northridge, CA 91325
Northridge AreaEstimated payment $12,106/month
Highlights
- No HOA
- Laundry Room
- Wall Furnace
- Cantara Street Elementary School Rated 9+
- Level Lot
About This Home
Excellent multifamily investment opportunity in Northridge. This well-maintained eight-unit property features a desirable unit mix consisting of two 2BD/2BA units, one 2BD/1BA unit, two 1BD/1BA units, and three studio apartments, appealing to a broad tenant base of students, professionals, and families. Each unit is individually metered for gas and electricity, helping minimize owner expenses. Residents enjoy on-site parking, additional storage, and convenient on-site laundry facilities. Ideally located near Northridge Fashion Center, the property offers convenient access to shopping, dining, entertainment, grocery stores, parks, and everyday services. Nearby California State University, Northridge (CSUN), is in proximity to the Northridge Metrolink Station and the 405, 101, and 118 freeways. Van Nuys Airport is also just a short drive away.
Listing Agent
Elite Class Realty Inc Brokerage Phone: 3109480332 License #01220629 Listed on: 06/24/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1959
Lot Details
- 7,923 Sq Ft Lot
- Two or More Common Walls
- Level Lot
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 5,703 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 10 Bathrooms
Parking
- 8 Parking Spaces
- 8 Carport Spaces
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tax Lot 27
- Tax Tract Number 23684
- Assessor Parcel Number 2786024045
- $1,296 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 8 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Cable TV Expense $1,512
- Electric Expense $15,012
- Gardener Expense $1,200
- Insurance Expense $5,500
- Maintenance Expense $3,600
- Other Expense $4,872
- Pest Control $1,140
- Professional Management Expense $7,200
- Trash Expense $4,404
- New Taxes Expense $23,125
- Operating Expense $62,693
- Gross Income $149,050
- Net Operating Income $86,357
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $23,365 | $1,894,253 | $640,798 | $1,253,455 |
| 2025 | $23,365 | $1,857,112 | $628,234 | $1,228,878 |
| 2024 | $23,072 | $1,820,699 | $615,916 | $1,204,783 |
| 2023 | $24,389 | $1,785,000 | $603,840 | $1,181,160 |
| 2022 | $21,615 | $1,750,000 | $592,000 | $1,158,000 |
| 2021 | $18,187 | $1,447,471 | $868,483 | $578,988 |
| 2019 | $17,662 | $1,406,040 | $842,724 | $563,316 |
| 2018 | $17,489 | $1,378,500 | $826,200 | $552,300 |
| 2016 | $13,399 | $1,050,000 | $315,000 | $735,000 |
| 2015 | $12,506 | $975,000 | $390,000 | $585,000 |
| 2014 | $12,826 | $975,000 | $390,000 | $585,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/24/2026 06/24/26 | For Sale | $1,850,000 | 0.0% | $324 / Sq Ft | |
| 06/15/2025 06/15/25 | Off Market | -- | -- | -- | |
| 06/11/2025 06/11/25 | For Rent | -- | -- | -- | |
| 05/05/2025 05/05/25 | Off Market | -- | -- | -- | |
| 05/01/2025 05/01/25 | For Rent | -- | -- | -- | |
| 05/31/2022 05/31/22 | Sold | $1,750,000 | 0.0% | $307 / Sq Ft | View Prior Sale |
| 01/14/2022 01/14/22 | Pending | -- | -- | -- | |
| 01/13/2022 01/13/22 | For Sale | $1,750,000 | 0.0% | $307 / Sq Ft | |
| 12/22/2021 12/22/21 | Sold | $1,750,000 | 0.0% | $307 / Sq Ft | View Prior Sale |
| 10/27/2021 10/27/21 | Pending | -- | -- | -- | |
| 10/25/2021 10/25/21 | For Sale | $1,750,000 | +29.6% | $307 / Sq Ft | |
| 04/28/2017 04/28/17 | Sold | $1,350,000 | 0.0% | $237 / Sq Ft | View Prior Sale |
| 03/21/2017 03/21/17 | Pending | -- | -- | -- | |
| 03/14/2017 03/14/17 | For Sale | $1,350,000 | -- | $237 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,750,000 | Provident Title | |
| Grant Deed | $1,750,000 | Provident Title | |
| Grant Deed | $1,350,000 | Title 365 | |
| Interfamily Deed Transfer | -- | North American Title Co Inc | |
| Grant Deed | $1,125,000 | Ticor Title Co | |
| Quit Claim Deed | -- | Old Republic Title Company | |
| Grant Deed | $930,000 | Ort | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | -- | Commonwealth Land Title Co | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,141,000 | New Conventional | |
| Previous Owner | $1,277,500 | Commercial | |
| Previous Owner | $565,000 | Credit Line Revolving | |
| Previous Owner | $135,000 | Unknown | |
| Previous Owner | $877,000 | Commercial | |
| Previous Owner | $675,000 | Commercial | |
| Previous Owner | $343,000 | Commercial | |
| Previous Owner | $250,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PF26138203
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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