8910 Noble Avenue

North Hills, CA 91343
$1,449,400
3045 sqft | 7 beds | 4 baths | 0.48 acres | #24428211
Courtesy of Privilege Realty

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.

  • Interior Details
    • Beds & Baths
      • Bedrooms:7
      • Bathrooms:4
      • Full Baths:4
  • Property Details
    • Property
      • Stories:1
    • Measurements
      • Acres:0.4759
      • Square Feet:3045
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1950
  • Community and Neighborhood Details
    • Location
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 499, 400
  • Other
    • Source
      • MLS #:24428211

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

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.

Estimated Monthly Payment
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Loan Amount
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