8908 Noble Ave, North Hills, CA 91343

2 Unit Apartment Building | $1,499,000 ($749,500/Unit) | North Hills, CA 91343

Asking Price $1,499,000

Property Type: Multifamily
Square Feet: 3,045 SF

Listing Contacts

Ashkan Manzar

Property Info

Property Overview

Great investment opportunity! This nearly half-acre corner lot features two houses and offers great potential for expansion. You could subdivide the property into two (SB9) and/or add more structures with a potential to build a total of 4 more units. 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. Total current income $7,450. The ADU is generating $3500 and the house $3950. 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.

Property Details

Class: C
Year Built: 1950
Stories: 1
Lot Size (sq. ft): 20,909 SF
Units: 2

Highlights

Huge Corner Lot
Two Houses on One Lot (ADU Built in 2019)
Potential to Build Additional Units

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