Seller's Agent in 2017
Brett Sanson
Marcus & Millichap
(818) 212-2700
21 Total Sales
18540 Chase St Northridge, CA 91324
23
Beds
15
Baths
10,728
Sq Ft
0.36
Acre Lot
About This Home
As of January 2017The subject property is a well maintained, twelve unit apartment building located on a corner in the solid rental market of Northridge. Built in 1959, the property is subject to rent control. There is an excellent unit mix of four one bedroom/one-bath units, five two-bedroom/one-bath units, one two bedroom/two bath unit and two three-bedroom/two-bath units. Residents of the property enjoy being about one mile from Cal State University, Northridge, less than one mile from the Northridge MetroLink Station as well the close proximity to The Northridge Fashion Center. Coupled with a nicely amenitized property, residents and prospective tenants are attracted to the easy access to public transportation, employment and education opportunities as well of plenty of shopping, dining, and entertainment nearby. Investors should view this as an excellent opportunity to own a well located, nicely maintained apartment building, which has still has upside in the rents as units turn.
Last Agent to Sell the Property
Marcus & Millichap License #01387480 Listed on: 09/14/2016
Co-Listed By
Amir (Adrian) Soumeeh
Berkshire Hathaway HomeServices California Propert License #01964977
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1959
Lot Details
- 0.36
Home Design
- 10,728 Sq Ft Home
Bedrooms and Bathrooms
- 23 Bedrooms
- 15 Bathrooms
Parking
- 12 Parking Spaces
- Covered Parking
- Gated Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Mounted To A Wall or Window
Additional Features
- Oven or Range
- 15,524 Sq Ft Lot
Community Details
- 12 Units
- Rent Control
Listing and Financial Details
- Assessor Parcel Number 2785-018-038
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Closed on
May 1, 2018
Sold by
Bought by
Purchase Details
Closed on
Sep 28, 2016
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,555,000
Interest Rate
0.0342%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
May 6, 2013
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
0.035%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 10, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
0.0637%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| -- | None Available | ||
| $2,600,000 | North American Title Co Inc | ||
| $1,675,016 | Stewart Title Of Ca Inc | ||
| -- | Stewart Title |
Source: Public Records
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 | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $1,410,000 | ||
| Closed | $1,555,000 | ||
| Closed | $900,000 | ||
| Closed | $865,000 | ||
| Closed | $800,000 |
Source: Public Records
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 |
|---|---|---|---|---|
| 01/11/2017 01/11/17 | Sold | $2,600,000 | 0.0% | $242 / Sq Ft |
| 10/03/2016 10/03/16 | Pending | -- | -- | -- |
| 09/14/2016 09/14/16 | For Sale | $2,600,000 | -- | $242 / Sq Ft |
Source: The MLS
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 |
|---|---|---|---|---|
| 2025 | $38,857 | $3,072,134 | $1,251,610 | $1,820,524 |
| 2024 | $38,373 | $3,011,897 | $1,227,069 | $1,784,828 |
| 2023 | $37,656 | $2,952,841 | $1,203,009 | $1,749,832 |
| 2022 | $35,965 | $2,894,943 | $1,179,421 | $1,715,522 |
| 2021 | $35,497 | $2,838,181 | $1,156,296 | $1,681,885 |
| 2020 | $35,844 | $2,810,650 | $1,144,440 | $1,666,210 |
| 2019 | $33,896 | $2,706,610 | $1,623,024 | $1,083,586 |
| 2018 | $33,554 | $2,653,570 | $1,591,200 | $1,062,370 |
| 2016 | $22,356 | $1,742,392 | $1,352,305 | $390,087 |
| 2015 | $22,047 | $1,716,221 | $1,331,993 | $384,228 |
| 2014 | $22,186 | $1,682,604 | $1,305,902 | $376,702 |
Source: Public Records
Agents Affiliated with this Home
-
Brett Sanson
-
A
Seller Co-Listing Agent in 2017
Amir (Adrian) Soumeeh
Berkshire Hathaway HomeServices California Propert
-
Michael Altshuler
Buyer's Agent in 2017
Michael Altshuler
Real Estate eBroker Inc.
(310) 582-1255
Map
Source: The MLS
MLS Number: 16-162688
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.
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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