8910 Noble Avenue
North Hills, CA 91343
3045 sqft | 7 beds | 4 baths | 0.48 acres | #24428211
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.
Property Details
- Property SubtypeSingleFamilyResidence
- CountyLos Angeles
- Original List Price$1,499,400
- Property TypePurchase
- MLS #24428211
- MLS #24428211
- Cost1449400
- Acres0.4759
- Square Feet3045
- Year Built1950
- Bedrooms7
- Bathrooms4
- Full Baths4
- Stories1
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Ashkan Manzar (#CLW-X93055)
Listing Office: Privilege Realty (#CLW-X77945)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.