About This Project

18425 Malden Street

Units: 36

Acquired: February 2019

Location: Northridge, CA

Constructed in 2009 and sold “off market” from the original developer’s partnership to NextGen Apartments, the purchase price was at a 40% discount to replacement cost.
Comprised of thirty four (34) 2-bedroom / 2-bathroom units averaging 1,100 square feet and two (2) 1-bedroom / 1-bathroom units averaging 750 square feet, each spacious unit has central HVAC and washer/dryer hook-ups.