Listing Agent: Shengnan Li      Broker/Office: Estate Properties
16233 Parthenia Street North Hills CA 91343
$ 1,399,999
  7   |    7 Full  1 Half   |    3226 Sq Feet

Listing ID

#25607925

Status

Active

Property Type

Single Family Residence

Property Style

Traditional

County

Los Angeles

Year Built

1957

Days on website

2

Description
Three homes on one lot! Thoughtfully designed and extensively remodeled, each unit features brand-new appliances and its own washer/dryer, offering a modern and elevated living experience. The property consists of: (1) an approx. 1,550 sq.ft. upgraded main house (tenant-occupied on a month-to-month lease) with 4B/4B; (2) an approx. 1,200 sq.ft. newly built ADU (vacant) with 2B/2.5B; and (3) an approx. 476 sq.ft. newly built Junior ADU (vacant) with 1B/1B - all with permits. In addition, there is an approx. 120 sq.ft. shed, ideal for use as a dedicated storage room. Each unit has its own separate address and separate utilities, maximizing convenience and rental flexibility. All three units are highly rentable and offer excellent cash-flow potential. The front yard has been upgraded with drought-tolerant landscaping, providing a clean aesthetic while maximizing water-saving efficiency. Eco-friendly enhancements include leased solar panels, double-pane windows, and new insulation for improved energy efficiency and year-round comfort. Whether you're looking to diversify your investment portfolio or seeking a flexible living arrangement with built-in rental income, this property offers exceptional versatility. Live in one unit and rent out the other two, or lease all three for strong, stable returns. Located in the desirable North Hills neighborhood, the property offers convenient access to shopping, dining, recreation, and major transportation routes. Don't miss this rare opportunity to own a high-yield, turn-key multi-unit property in one of the most convenient pockets of the San Fernando Valley.
Location
Financial Information
List Price:  $ 1399999
Property Features
Appliances:  Dishwasher, Dryer, Microwave, Washer
Flooring:  Laminate, Tile
Furnished:  Unfurnished
Heating:  Central
Laundry Features:  Inside
Levels:  One
Parking Features:  Concrete, Driveway
Senior Community YN:  false
Sewer:  Other
Senior Community YN:  false
MLS Area Major:  NOH - North Hills
City:  North Hills
Listed By:   Shengnan Li   Estate Properties 
CA Lic#