North Hills CA Multi Family for Sale
$6,280,000
8837 Burnet Avenue North Hills, CA 91343
- Type:
- Condo
- Sq.Ft.:
- 17,040
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.31 Acres
- Year built:
- 2024
- Baths:
- MLS#:
- OC24222505
ADDITIONAL INFORMATION
Briefly described, the subject consists of a good quality two-story apartment building above on-grade garage parking in good condition, containing 12 units totaling approximately 17,040 SF of net rentable area (per appraiser's measurements) and a gross building area of 17,200 SF (per Application for Building Permit and Certificate of Occupancy), constructed in 2023. The average unit size is approximately 1,420 SF. The subject's site consists of approximately 13,700 SF or approximately .31 acre of land. The site is rectangular and is level and at street grade.
$5,800,000
8633 Columbus Ave North Hills, CA 91343
- Type:
- Apartment
- Sq.Ft.:
- 24,142
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.84 Acres
- Year built:
- 1974
- Baths:
- MLS#:
- TR24217958
ADDITIONAL INFORMATION
We are pleased to present the opportunity to acquire a 34-unit value-add multifamily, located in North Hills. Built in 1974, the subject proporty is located at one of the most desirable rental market in San Fernando Valley, and it offers an excellent unit mix comprised of (12) two-bedroom units and (22) one bedroom units. All units are individual Parcels except two legalized units. The two legalized units are combined into one of the parcel. Buyer to satisfy its own investigation. The ownership has completed the seismic retrofitting. The roof is replaced in 2023. Currently it was painted in fresh.
$4,150,000
15240 Nordhoff Street North Hills, CA 91343
- Type:
- Apartment
- Sq.Ft.:
- 11,092
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.25 Acres
- Year built:
- 1983
- Baths:
- MLS#:
- SR24218194
ADDITIONAL INFORMATION
Introducing 15240 Nordhoff St, North Hills—an excellent investment opportunity featuring a mix of 2 one-bedroom, one-bath units and 12 two-bedroom, two-bath units. This property offers a fantastic North Hills location, subject to statewide rent control with notable rental upside potential. Tenants will appreciate the secure, gated entry, on-site parking with additional storage, and the convenience of on-site laundry facilities. Each unit is individually metered for gas and electricity, providing efficiency and ease for management. Located just a short distance from major freeways (I-5, I-405, and CA-118), Panorama Mall, Van Nuys Airport, and the Ventura County Line Metrolink, this property boasts excellent accessibility to key local attractions and transportation hubs. An ideal opportunity for investors looking for a well-situated, income-generating property with room for growth! This property is a great addition to any investor’s portfolio. Don’t miss out on this rare opportunity
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.48 Acres
- Year built:
- 1950
- Baths:
- MLS#:
- CL24428589
View additional info
Courtesy: Privilege Realty
ADDITIONAL INFORMATION
Great investment opportunity! This nearly half-acre corner lot features two houses and offers great potential for expansion. You could subdivide the property and/or add more structures. The property is already generating impressive cash flow and stands out due to access, corner lot, lot shape and size. It is perfect for investors as well as owner users who want to expand their budget and live in one of the homes while using the income from the ADU to help with the qualification for a loan. The detached 3-bed/2 bath ADU was newly built in 2019. You can live in one and rent out the other, or rent out both and collect double the rental income. Total current income $7,450. There maybe a potential to build a total of 4 more units and/or go through the SB9 lot split process to divide the property into two. The property is conveniently located within walking distance to schools and dining, with easy access to the 405 freeway. Buyers should verify all information independently and not rely on the information on the MLS. The ADU is generating $3500 and the house $3950.
North Hills Real Estate
The median home value in North Hills, CA is $912,500. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in North Hills, CA is $912,500. Approximately 33.96% of North Hills homes are owned, compared to 58.13% rented, while 7.92% are vacant. North Hills real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a North Hills real estate agent to arrange a tour today!
North Hills 91343 is less family-centric than the surrounding county with 28.08% of the households containing married families with children. The county average for households married with children is 30.99%.
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