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10020 Zelzah Ave

Northridge, CA 91325
  • $17,395,000
  • STATUS: Active Under Contract
  • ON SITE: 130 Days
  • MLS #: 24-450613
Under Contract
UPDATED: 19 min ago
$17,395,000
  • 100
    BEDS
  • 0.84
    ACRES
  • 100
    BATHS
  • 0
    1/2 BATHS
  • 63,406
    SQFT
  • $274
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1990
County:
Area:

School Ratings & Info

Description

1990 Construction offered at a 5.74% cap rate and $274/sf!!! The Granada Apartments, located at 10020 Zelzah Ave, is a gorgeous and immaculately maintained 50-unit apartment complex situated in prime Northridge, just 0.8 miles from the Cal State Northridge University campus. The on-site manager has been operating the property since 1995 and vetted only the best and most qualified tenants in the area. The building offers 110 secured and covered parking for the tenants, a beautiful swimming pool and spa for the hot summer days, and lovely common area tables and chairs for socializing. Ensuring both security and accessibility, the Granada Apartments are surrounded by beautiful landscaping and a welcoming community. DO NOT DISTURB THE TENANTS! Please call or email the listing agents to schedule a property tour. Thank you for your interest in 10020 Zelzah Ave and we look forward to working with you!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-02-17T11:42:37.98. 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.
www.deserthouseseekers.com/homes/156536249
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10020 Zelzah Ave Northridge, CA 91325

  • Price: $17,395,000
  • Status: Active Under Contract
  • On Site: 130 Days
  • Updated: 19 min ago
  • MLS #: 24-450613
100
Beds
100
Baths
0
½ Baths
0.84
Acres
63,406
SQFT
$274
$/SQFT
1990
Built
Neighborhood:
Northridge
County:
Los Angeles
Area:
Northridge
Property Description
1990 Construction offered at a 5.74% cap rate and $274/sf!!! The Granada Apartments, located at 10020 Zelzah Ave, is a gorgeous and immaculately maintained 50-unit apartment complex situated in prime Northridge, just 0.8 miles from the Cal State Northridge University campus. The on-site manager has been operating the property since 1995 and vetted only the best and most qualified tenants in the area. The building offers 110 secured and covered parking for the tenants, a beautiful swimming pool and spa for the hot summer days, and lovely common area tables and chairs for socializing. Ensuring both security and accessibility, the Granada Apartments are surrounded by beautiful landscaping and a welcoming community. DO NOT DISTURB THE TENANTS! Please call or email the listing agents to schedule a property tour. Thank you for your interest in 10020 Zelzah Ave and we look forward to working with you!
Exterior Features

Levels Multi/Split Lot Size Area 36490 Other Structures None Parking Garage None Total Parking 110

Interior Features

Cooling None Equipment None Heating None

Property Features

Assessed Total Value 13581928 Disclosures None Gross Income 1565874 Gross Operating Income 1565874 Like Units1 44 Like Units2 6 Net Operating Income 998796.00 Number Of Buildings 1 Number Of Units 50 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 998796 Type Of Units 2+21+1 Year Built Source Vendor Enhanced Zoning LAR3

Listing provided courtesy of Chase Simonton DRE#01766871 of RE/MAX One: 818-366-3300.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-02-17T11:42:37.98. 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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Indian Wells CA, 92210