Traditional

16233 Parthenia Street

North Hills , CA 91343

MLS#: 25607925

$1,490,000

Status: Active
Listing number: 25607925
Listing provided by: Estate Properties
Listing agent phone: None
Last update: 10 days ago
On site: a month ago
Browse Properties
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Property

Beds

7

Full Baths

7

1/2 Baths

1

Year Built

1957

Sq.Footage

3,226

Three homes on one lot! Thoughtfully designed and extensively remodeled, each unit features brand-new appliances and its own washer/dryer, offering a modern and elevated living experience. The property consists of: (1) an approx. 1,550 sq.ft. upgraded main house (tenant-occupied on a month-to-month lease) with 4B/4B; (2) an approx. 1,200 sq.ft. newly built ADU (vacant) with 2B/2.5B; and (3) an approx. 476 sq.ft. newly built Junior ADU (vacant) with 1B/1B - all with permits. In addition, there is an approx. 120 sq.ft. shed, ideal for use as a dedicated storage room. Each unit has its own separate address and separate utilities, maximizing convenience and rental flexibility. All three units are highly rentable and offer excellent cash-flow potential. The front yard has been upgraded with drought-tolerant landscaping, providing a clean aesthetic while maximizing water-saving efficiency. Eco-friendly enhancements include leased solar panels, double-pane windows, and new insulation for improved energy efficiency and year-round comfort. Whether you're looking to diversify your investment portfolio or seeking a flexible living arrangement with built-in rental income, this property offers exceptional versatility. Live in one unit and rent out the other two, or lease all three for strong, stable returns. Located in the desirable North Hills neighborhood, the property offers convenient access to shopping, dining, recreation, and major transportation routes. Don't miss this rare opportunity to own a high-yield, turn-key multi-unit property in one of the most convenient pockets of the San Fernando Valley.

Features & Amenities

Interior

  • Total Bedrooms

    7

  • Bathrooms

    7

  • 1/2 Bathrooms

    1

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    YES

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Concrete, Driveway, Electric Gate, Side By Side

  • Pool

    Yes

  • Pool Features

    None

  • View

    None

Area & Lot

  • Lot Size(acres)

    0.1681

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Traditional

Price

  • Sales Price

    $1,490,000

  • Sq. Footage

    3, 226

  • Price/SqFt

    $461

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Senior Community YN

    NO

  • Sewer

    Other

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Location

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Listing Courtesy of Shengnan Li , Estate Properties

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Three homes on one lot! Thoughtfully designed and extensively remodeled, each unit features brand-new appliances and its own washer/dryer, offering a modern and elevated living experience. The property consists of: (1) an approx. 1,550 sq.ft. upgraded main house (tenant-occupied on a month-to-month lease) with 4B/4B; (2) an approx. 1,200 sq.ft. newly built ADU (vacant) with 2B/2.5B; and (3) an approx. 476 sq.ft. newly built Junior ADU (vacant) with 1B/1B - all with permits. In addition, there is an approx. 120 sq.ft. shed, ideal for use as a dedicated storage room. Each unit has its own separate address and separate utilities, maximizing convenience and rental flexibility. All three units are highly rentable and offer excellent cash-flow potential. The front yard has been upgraded with drought-tolerant landscaping, providing a clean aesthetic while maximizing water-saving efficiency. Eco-friendly enhancements include leased solar panels, double-pane windows, and new insulation for improved energy efficiency and year-round comfort. Whether you're looking to diversify your investment portfolio or seeking a flexible living arrangement with built-in rental income, this property offers exceptional versatility. Live in one unit and rent out the other two, or lease all three for strong, stable returns. Located in the desirable North Hills neighborhood, the property offers convenient access to shopping, dining, recreation, and major transportation routes. Don't miss this rare opportunity to own a high-yield, turn-key multi-unit property in one of the most convenient pockets of the San Fernando Valley.

16233 Parthenia Street

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