CA > Northridge
Northridge, CA 91325,8615 Balboa Blvd
Northridge, CA 91325,8615 Balboa Blvd
Northridge, CA 91325,8615 Balboa Blvd
23
See all 23 photos
$8,750,000
Est. payment /mo
Save
14 Beds
54 Baths
32,452 SqFt
New

8615 Balboa Blvd Northridge, CA 91325

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Tue
17
Jun
Wed
18
Jun
Thu
19
Jun
Kevin Devereaux

Kevin Devereaux

+1(702) 302-9694

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 32,452 sqft

Price per Sqft $269

MLS Listing ID 25552861

Bedrooms 14

Year Built 1964

Lot Size 0.889 Acres

Acres 0.8888

Property Sub-Type Multi-Family

Property Description

54 units plus 1 non-conforming unit in Northridge. Great value add opportunity. Long term owner - 1st time on the market in more than 30 years. Huge upside in the rents - RENTS ARE 45%BELOW MARKET. The property consists of 43 singles, 10 - 1bedroom - 1 bath and 2 - 2 bedroom + 1 bath units. There is 32,452 square feet of building and it sits on a 38,701 square foot lot. New water heaters. Opportunity to add ADUs. New electrical panels. Wall Air Conditioners in all the units. 54 parking spots. New carpet in the entry and hallways. Large patio area on the 2nd floor overlooking the pool. On site laundry. The property is centrally located in the San Fernando Valley, minutes from California State University, Northridge, Matador Bowl and the Northridge Fashion Square Mall. Close to shops, restaurants and easy freeway access. PROPERTY CAN BE PURCHASED WITH 40 UNITS LOCATED AT 8567 BALBOA BLVD. This is an excellent opportunity to acquire 94 units in a prime San Fernando Valley location.

Location

State CA

County Los Angeles

Area Northridge

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s)

Equipment Refrigerator, Range/Oven

Exterior

Parking Features Carport, Covered Parking, Gated

Garage Spaces 54.0

Building

Story 2

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Michael Anthony Salerno

GET MORE INFORMATION

agent

Kevin Devereaux

Agent

+1(702) 302-9694

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Kevin Devereaux, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

8615 Balboa Blvd