Listing by: Ashkan Manzar, Privilege Realty

7 Beds

4 Baths

3,045 SqFt

Active

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.

Property Details
Price $1,449,400
Bedrooms 7
Full Baths 4
Half Baths 0
Total Baths 4
Property Style Traditional
Lot Size 133x157
Lot Size Area 20731
Lot Size Area Units Square Feet
Acres 0.4759
Property Type Residential
Sub type SingleFamilyResidence
MLS Sub type Single Family Residence
Stories 1
Year Built 1950
View None
Heating Central
Pool features None
Parking Spaces 2
Geographic Data
Directions Nordhoff and Noble
County Los Angeles
Latitude 34.23212
Longitude -118.460747
Market Area NOH - North Hills
Address Information
Address 8910 Noble Avenue, North Hills, CA 91343
Postal Code 91343
City North Hills
State CA
Country United States
Listing Information
Listing Office Privilege Realty
Listing Agent Ashkan Manzar
Special listing conditions Standard
MLS Information
Days on market 21
MLS Status Active
Listing Date Aug 15, 2024
Listing Last Modified Sep 5, 2024
Tax ID 2651020031
MLS Area NOH - North Hills
MLS # 24428211

This information is believed to be accurate, but without any warranty.
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