15240 Nordhoff Street, North Hills, CA 91343

$3,995,000

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List Price
$3,995,000
Price Change
▼ $155,000 1738660584
Status
ACTIVE
MLS#
SR24218194
Year Built
1983
Lot Size
10,715
Acres
0.25
Lot Location
11-15 Units/Acre
Days on Market
646
Property Type
Multifamily
Property Sub Type
Apartment
Stories
One Level, Two Levels, Three Or More Levels

Property Description

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

Additional Information

Pool Description
None
Heat
Forced Air
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
14
Gross Scheduled Income
$349,764
Operating Expense
119151

Listing courtesy of Listing Agent: James Antonucci (james@aplagroup.com) from Listing Office: Keller Williams Realty-Studio City.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.