$1,499,000
Active
50 Days Online
7 Beds4 Baths3,045 SQFT
Active

8910 Noble Avenue North Hills, CA 91343

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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 TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site49 Days
  • MLS StatusActive
  • MLS ID Number24428589
  • Home Size Source N/A
  • Year Built1950
  • Lot Size0.4759 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Garage - Two Door
  • Parking Spaces 2
  • Number of Stories 11
  • Acreage 0.4759
  • Zoning LARS
  • Listing Conditions Standard

Interior Features

  • Cooling Central Air
  • Heating Central

Community Features

  • Senior Community No
  • MLS Area NOH - North Hills

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Monthly Payment (Est.)

$7,438
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