Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    8910 Noble Avenue, North Hills, CA 91343
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    8910 Noble Avenue
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    • MLS#: 24428589 ( )
    • Street Address: 8910 Noble Avenue
    • Viewed: 1
    • Price: $1,499,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1950
    • Bldg sqft: 0
    • Days On Market: 139
    • Additional Information
    • County: LOS ANGELES
    • City: North Hills
    • Zipcode: 91343
    • Provided by: Privilege Realty
    • Contact: Ashkan Ashkan
    • California Regional MLS IDX
    • DMCA Notice
    • 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.
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    Features
    Building Area Total
    1. 3045.00
    Cooling
    1. Central Air
    Country
    1. US
    Heating
    1. Central
    Levels
    1. One
    Netoperatingincome
    1. 78600.00
    Parcel Number
    1. 2651020031
    Parking Features
    1. Garage - Two Door
    Postalcodeplus4
    1. 5521
    Sourcesystemkey
    1. 24-428589:CLAW
    Totalexpenses
    1. 10800.00
    Year Built
    1. 1950
    Zoning
    1. LARS
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836