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.
Don’t miss this opportunity!!! Gorgeous, remodeled home with a brand-new modern ADU, perfect for passive income, multi-generational living, or a smart long-term investment. Located on a quiet, residential street in North Hills, this property sits in a peaceful, well-established neighborhood while still being close to everything the San Fernando Valley has to offer. The main house is a 3-bedroom, 2-bath single-family residence that has been thoughtfully upgraded throughout. Highlights include a fully renovated kitchen with brand-new cabinetry and countertops, new flooring throughout, fresh interior paint, recessed lighting, and updated bathrooms with new vanities, mirrors, lighting, and designer shower tile. The open-concept living room features French double doors that open directly to the backyard, creating a gorgeous indoor-outdoor flow. The main house also includes a 2-car enclosed garage with two storage closets, offering both convenience and functionality. In the rear of the property is a brand-new, modern two-story ADU featuring 4 bedrooms and 2 bathrooms. Designed with contemporary finishes and abundant natural light, the ADU offers a convenient downstairs bedroom and full bathroom, along with a storage closet. The kitchen is finished with top-of-the-line materials and includes brand-new appliances. Upstairs, you’ll find three bright, cozy bedrooms, a full bathroom, and laundry hookups. The outdoor space features a private courtyard-style backyard with lush landscaping and green grass. The long driveway provides even more parking for both residences. The property is ideally located near shopping, dining, and everyday conveniences in the heart of the Valley. This is your chance to own a 7-bedroom, 4-bath property offering flexibility, income potential, and modern living all in one! Some photos have been virtually staged for illustrative purposes.
Three homes on one lot! Thoughtfully designed and extensively remodeled, each unit features brand-new appliances and its own washer/dryer, offering a modern and elevated living experience. The property consists of: (1) an approx. 1,550 sq.ft. upgraded main house (tenant-occupied on a month-to-month lease) with 4B/4B; (2) an approx. 1,200 sq.ft. newly built ADU (vacant) with 2B/2.5B; and (3) an approx. 476 sq.ft. newly built Junior ADU (vacant) with 1B/1B - all with permits. In addition, there is an approx. 120 sq.ft. shed, ideal for use as a dedicated storage room. Each unit has its own separate address and separate utilities, maximizing convenience and rental flexibility. All three units are highly rentable and offer excellent cash-flow potential. The front yard has been upgraded with drought-tolerant landscaping, providing a clean aesthetic while maximizing water-saving efficiency. Eco-friendly enhancements include leased solar panels, double-pane windows, and new insulation for improved energy efficiency and year-round comfort. Whether you're looking to diversify your investment portfolio or seeking a flexible living arrangement with built-in rental income, this property offers exceptional versatility. Live in one unit and rent out the other two, or lease all three for strong, stable returns. Located in the desirable North Hills neighborhood, the property offers convenient access to shopping, dining, recreation, and major transportation routes. Don't miss this rare opportunity to own a high-yield, turn-key multi-unit property in one of the most convenient pockets of the San Fernando Valley.
MOTIVATED SELLERS. The single-story plan offers ~1,830 SF on a 6,911 SF lot: 4BR/2BA main home + unpermitted 1BR/1BA Garage conversion. Solar power, full camera monitoring, covered patio, outdoor kitchen. Updates include New A/C unit, kitchen counters, renovated baths, and new flooring. Convenient to 405 & 118, retail, and community services. Bring serious offers. Schedule your tour today!!!
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
North Hills is located in California.
