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17360 Lemac Street

Northridge, CA 91325
  • $1,900,000
  • STATUS: Active
  • ON SITE: 59 Days
  • ID#: SR23184329
$1,900,000
  • 0
    BEDS
  • 0.35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Listing Agent(s): Nichole Hanson of Exp Realty Of California Inc (888-584-9427) and Sean Poliseno of ()


Description

Welcome to a versatile single-story property that has three units! Great for anyone looking for an income property, or to live on-site and still have two units generating income! The spacious main residence offers 3 beds and 2 baths across 1,650 sq ft, recently updated with new flooring and a modernized kitchen with new cabinets, countertops, stainless steel appliances, and a large kitchen island. Adjacently, the guest house offers 365 sq. ft, complete with 1 bedroom, 1 bathroom, kitchenette, private entrance, and a cozy private backyard. Built in 2020, the separate ADU stretches across 1,200 sq. ft, offering 4 bedrooms and 4.5 bathrooms, characterized by a contemporary kitchen with a stainless steel range and French door refrigerator. Notably, the ADU enjoys added privacy from a dedicated cross fence and showcases newer windows and its own laundry closet with a stacked washer and dryer. All units benefit from energy-efficient dual pane windows. Outdoors, find a drought-resistant front yard and a Doughboy pool nestled between the main house and ADU. Currently generating $6,500 monthly and a potential gross monthly rent of $12,000, this property is perfect for investors or those wishing to live in one unit while leasing the others. Additional conveniences include a shared laundry room for the main house and guest unit. Separate gas, and electrical meters for each unit. Some landscaping touches will make this gem shine even brighter.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T00:25:53.033. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
www.twissrealty.com/homes/144130804
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17360 Lemac Street Northridge, CA 91325

  • Price: $1,900,000
  • Status: Active
  • On Site: 59 Days
  • ID#: SR23184329
0
Beds
0
Baths
0
½ Baths
0.35
Acres
1950
Built
Neighborhood:
NR - Northridge
County:
Los Angeles
Area:
NR - Northridge
Property Description
Welcome to a versatile single-story property that has three units! Great for anyone looking for an income property, or to live on-site and still have two units generating income! The spacious main residence offers 3 beds and 2 baths across 1,650 sq ft, recently updated with new flooring and a modernized kitchen with new cabinets, countertops, stainless steel appliances, and a large kitchen island. Adjacently, the guest house offers 365 sq. ft, complete with 1 bedroom, 1 bathroom, kitchenette, private entrance, and a cozy private backyard. Built in 2020, the separate ADU stretches across 1,200 sq. ft, offering 4 bedrooms and 4.5 bathrooms, characterized by a contemporary kitchen with a stainless steel range and French door refrigerator. Notably, the ADU enjoys added privacy from a dedicated cross fence and showcases newer windows and its own laundry closet with a stacked washer and dryer. All units benefit from energy-efficient dual pane windows. Outdoors, find a drought-resistant front yard and a Doughboy pool nestled between the main house and ADU. Currently generating $6,500 monthly and a potential gross monthly rent of $12,000, this property is perfect for investors or those wishing to live in one unit while leasing the others. Additional conveniences include a shared laundry room for the main house and guest unit. Separate gas, and electrical meters for each unit. Some landscaping touches will make this gem shine even brighter.
Exterior Features

Architectural Style Traditional Carport Spaces 0 Construction Materials FrameStucco Entry Level 1 Entry Location Main Floor Fencing Chain LinkWood Foundation Details CombinationSlab Lot Features 2-5 Units/AcreFront YardSprinklers In FrontRectangular LotStreet Level Number Of Separate Electric Meters 2 Open Parking Spaces 2 Other Structures Guest HouseShed(s) Parking Features Driveway LevelOn Street Parking Total 2 Pool Features Above GroundFencedPrivate Pool Private YN Yes Property Attached YN No Road Surface Type Paved Roof AsphaltShingle Spa Features None Spa YN No View None View YN No

Interior Features

Accessibility Features None Appliances Gas Range Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Wood Heating CentralForced AirNatural Gas Heating YN Yes Interior Features All Bedrooms DownMain Level Primary Window Features Double Pane Windows

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Suburban Electric Standard Electric Expense 5000 Fuel Expense 900 Garage YN No Gross Income 12300 Gross Scheduled Income 147600 Insurance Expense 1700 Land Lease YN No Laundry Features Laundry Room Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 ExchangeFHAVA LoanVA No No Loan Net Operating Income 32160 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 2 Operating Expense 115440 Property Condition Additions/AlterationsUpdated/RemodeledTurnkey Property Sub Type Triplex Rent Control YN No Security Features Carbon Monoxide Detector(s)Smoke Detector(s) Senior Community YN No Sewer Public SewerSewer Tap Paid Special Listing Conditions Standard Tenant Pays All UtilitiesCable TVElectricityGas Total Actual Rent 12000 Trash Expense 300 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Sewer Expense 1000 Water Source Public Zoning LAR1



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T00:25:53.033. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
 
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Twiss Realty Group - Brokered by EXP
5036 Highway 140
Mariposa CA, 95338
Listing Agent(s): Nichole Hanson of Exp Realty Of California Inc (888-584-9427) and Sean Poliseno of ()