8910 Noble Ave Active Save Request In-Person Tour Request Virtual Tour
North Hills,CA 91343
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,045 sqft
Price per Sqft $492
MLS Listing ID 24-428589
Bedrooms 7
Year Built 1950
Lot Size 0.476 Acres
Acres 0.4759
Property Description
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.
Location
State CA
County Los Angeles
Area North Hills
Zoning LARS
Rooms
Other Rooms None
Interior
Heating Central
Cooling Central
Equipment Gas Dryer Hookup
Exterior
Parking Features Garage - 2 Car
Garage Spaces 2.0
Building
Story 1
Level or Stories One
Others
Special Listing Condition Standard