8910 Noble Avenue

North Hills, CA 91343

$1,499,000
Price
7
Beds
4
Baths
3,045 Sq. Ft.
$492 / Sq. Ft.
3,045
Sq. Ft.
$492
per Sq. Ft.

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...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.
  1. Listed by Ashkan Manzar • DRE #01336779 • Brokerage DRE #01336779 • Privilege Realty

Property Details for 8910 Noble Avenue

Zoning
LARS
Parcel Number
2651020031
Total Units
2.0
Living Area
3045
Source Living Area
Vendor Enhanced
Area
North Hills (NOH)
Vacancy Rate
0
Lot Size Area
20731
LISTING UPDATED: 08/23/2024 12:01 AM

Property Details for 8910 Noble Avenue

StatusActive
MLS #24-428589
Days on Market110
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.48 AC / 20,731 SF
CountyLos Angeles County

Building Information for 8910 Noble Avenue

Stories1Residences-Year Built1950Building Size-Lot Size0.48 AC / 20,731 SF

Property Information for 8910 Noble Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: detached
Contract Info
Contract Info
  • Disclosures: Other
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $89,400
  • Net Operating Income: $78,600.00
  • Gross Income: $89,400
  • Gross Rent Multiplier: $16.76
  • Total Annual Expense: 10800
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.4759
  • Lot Size Square Feet: 20731
  • Lot Size Dimensions: 133x157
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2
  • Parking Features: Garage - Two Door
Interior Features
Interior Features
  • Levels: One
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Gas Dryer Hookup
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 08-16-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,500.00
  • Unit Actual Rent: $3,500.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 4
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,950.00
  • Unit Actual Rent: $3,950.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $390,456.00
  • Assessed Improvement Percent: 40.0
  • Assessed Land Value: $585,684.00
  • Assessed Land Percent: 60
  • Assessed Total Value: $976,140.00

Property History for 8910 Noble Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8910 Noble Avenue

Taxable ValueLand$585,684Additions$390,456Total$976,140
Tax Record2023$10,827 ($902 / month)
Home Facts
Beds7Total Finished SqFt3,045 SqFtAbove Grade Finished SqFt3,045 SqFtStories1Lot Size20,792 SqFtStyleSingle Family ResidenceYear Built1950ZoningLARSCountyLOS ANGELESAPN2651-020-031

Schools near 8910 Noble Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 5 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Rosa Parks Learning Center
PublicK to 5

Valor Academy Middle School
Charter5 to 8

James Monroe High School
Public9 to 12

Valley Academy Of Arts And Sciences
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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8910 Noble Avenue is a multi-family home for sale in North Hills, CA 91343. This property was listed for sale on August 15, 2024 by Privilege Realty, it's currently listed at $1,499,000. It has been on the market for a total of 110 days and was last sold on March 30, 2016. This listing's school district is Los Angeles Unified School District. Nearby schools include Rosa Parks Learning Center, Valor Academy Middle School and James Monroe High School. 8910 Noble Avenue is a 7-bed, 4-bath, 3,045 sqft multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Privilege Realty, Ashkan Manzar, DRE #01336779

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.