CA > North Hills
North Hills, CA 91343,9001 Orion AVE
North Hills, CA 91343,9001 Orion AVE
North Hills, CA 91343,9001 Orion AVE
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Diego Magdaleno

Diego Magdaleno

+1(714) 676-7271
$4,450,000
Est. payment /mo
34 Beds
33 Baths
17,911 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 17,911 sqft

Price per Sqft $248

MLS Listing ID 25545427

Bedrooms 34

HOA Y/N No

Year Built 1964

Lot Size 0.481 Acres

Property Description

Located at 9001 Orion, this 19-unit multifamily property represents rare upside potential. With a 6.37% Cap Rate, 9.46 GRM, and 6.41% pre-tax cash flow. The property has undergone over $300,000 in recent capital improvements, including extensive interior renovations, curb appeal enhancements, and modernized landscaping. Four of the units are equipped with in-unit washer/dryers, a major draw for discerning tenants.There is also ADU potential: the lot configuration may allow the addition of a 1-bed, 1-bath unit without removing any parking (buyer to verify), boosting returns to a projected 9.98% market cap and 20% IRR. Additionally two vacant units have been fully demoed and include active permits, allowing the buyer to immediately renovate and lease them for increased rental income.***

Location

State CA

County Los Angeles

Area Noh - North Hills

Zoning LAR3

Interior

Heating Wall Furnace

Fireplace No

Exterior

Parking Features Carport

Total Parking Spaces 18

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2654001045

Special Listing Condition Standard

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CRMLS – RECore
Listed by Kelly Morgan KW Advisors
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