8910 Noble Avenue

North Hills, CA 91343

PRICE REDUCED

arrow_downward
-$50,000 (-3.33%)

$1,449,400

List Price

7

bed Beds

4

shower Baths

3,045 sqft

straighten / sqft

1950

calendar_month Built

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.

Listing Information

List Price $1,449,400
Status Active
MLS 24428211
Type Residential
Subtype Single Family Residence
Year Built 1950
Lot Size 20,731
Structure Size 3,045
DOM 21
Courtesy Of Privilege Realty
Listing Agent Ashkan Manzar DRE#01336779

Interior Features

Total Bedroom
Bedrooms 7
Total Bathroom
Bathrooms 4
Flooring Information
Material Tile
Fireplace Information
Features None
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Ashkan Manzar, Privilege Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:25 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.