Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

14

Building size

11,092 sqft

Lot size

10,715 sqft

Year built

1983

Stories

1

Garage spaces

0

Heating

Forced Air

Pool

None

Status

Active

Days on market

728

MLS #

218218637

About this property

Introducing 15240 Nordhoff St, North Hills—an excellent investment opportunity featuring a mix of 2 one-bedroom, one-bath units and 12 two-bedroom, two-bath units. This property offers a fantastic North Hills location, subject to statewide rent control with notable rental upside potential. Tenants will appreciate the secure, gated entry, on-site parking with additional storage, and the convenience of on-site laundry facilities. Each unit is individually metered for gas and electricity, providing efficiency and ease for management. Located just a short distance from major freeways (I-5, I-405, and CA-118), Panorama Mall, Van Nuys Airport, and the Ventura County Line Metrolink, this property boasts excellent accessibility to key local attractions and transportation hubs. An ideal opportunity for investors looking for a well-situated, income-generating property with room for growth! This property is a great addition to any investor’s portfolio. Don’t miss out on this rare opportunity

Location

15240 Nordhoff Street

North Hills, Los Angeles, CA, 91343