$4,150,000 - 15240 Nordhoff Street, North Hills, CA 91343
15240 Nordhoff Street
North Hills,
CA
91343
Property Type:
Apartment
Status:
Active
Year Built:
1983
Days on Website:
31
Property listed by Keller Williams Realty-Studio City, James Antonucci 818-381-6601
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
Open House
Property Details and Features
Building
- Built in 1983
- Building area total: 11,092
- Levels: One,Two,ThreeOrMore
- 1 story
- 1 building
- Architectural style: ,Attached
- Common walls: TwoCommonWallsOrMore
Community
- Suburban
- Sidewalks
Expenses
- Electric expense: $7,120
- Fuel expense: $7,120
- Gardener expense: $1,500
- Insurance expense: $11,092
- New taxes expense: $51,875
- Operating expense: $108,084
- Trash expense: $5,040
- Water sewer expense: $7,120
Heating
- ForcedAir
Income
- Gross income: $332,916
- Net operating income: $214,844
Laundry
- CommonArea
Listing
- ListingID: SR24218194
- Standard status: Active
- 4 days on market
Lot
- 0.246 acres
- 10,715 square feet
- Size: 10,715
- ElevenToFifteenUnitsAcre
Parking
- Assigned
Pool
- None
Property
- Zoning: LAR3
Sewer
- PublicSewer