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15240 Nordhoff Street

North Hills, CA 91343
  • $3,995,000
  • STATUS: Active
  • ON SITE: 189 Days
  • MLS #: SR24218194
UPDATED: 55 min ago
$3,995,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1983
County:

School Ratings & Info

Listing Agent(s): James Antonucci of Keller Williams Realty-Studio City (818-432-1500) and Michael Pesci of Keller Williams Studio City(818-432-1500)


Description

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 investors portfolio. Dont miss out on this rare opportunity

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-29T19:34:13.427. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/157002797
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15240 Nordhoff Street North Hills, CA 91343

  • Price: $3,995,000
  • Status: Active
  • On Site: 189 Days
  • Updated: 55 min ago
  • MLS #: SR24218194
0
Beds
0
Baths
0
½ Baths
0.25
Acres
1983
Built
Neighborhood:
NOH - North Hills
County:
Los Angeles
Area:
NOH - North Hills
Property Description
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 investors portfolio. Dont miss out on this rare opportunity
Exterior Features

Entry Level 2 Entry Location 2 Lot Features 11-15 Units/Acre Number Of Separate Electric Meters 14 Parking Features Assigned Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Heating Forced Air Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 5.41 Common Interest Community Apartment Community Features SuburbanSidewalks Electric Expense 7120 Fuel Expense 7120 Garage YN No Gross Income 345336 Gross Scheduled Income 345336 Insurance Expense 9872 Land Lease YN No Laundry Features Common Area Levels OneTwoThree Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan Net Operating Income 216168 New Construction YN No New Taxes Expense 49938 Number Of Separate Gas Meters 14 Number Of Separate Water Meters 1 Operating Expense 118807 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 5040 Vacancy Allowance 10036 Vacancy Allowance Rate 3 Water Sewer Expense 7120 Water Source Public Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-29T19:34:13.427. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): James Antonucci of Keller Williams Realty-Studio City (818-432-1500) and Michael Pesci of Keller Williams Studio City(818-432-1500)