




$1,395,000
Est. $7,812/mo16233 Parthenia Street, North Hills, CA 91343
About this home
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.
infoProperty Facts
Bedrooms
7
Bathrooms
8
Square Feet
3,226
Lot Size
7,322 sqft
Year Built
1957
Property Type
Single Family Residence
Days on Market
100
HOA Fee
N/A
MLS #
25607925
chairInterior Details
General Interior
Flooring
Laminate, Tile
Fireplace
Living Room
Kitchen & Appliances
Appliances
Dishwasher, Microwave, Dryer, Washer
Laundry
Inside
Climate Control
Cooling
Central Air
Heating
Central
garageParking
Total Parking Spaces
3
Open Parking Spaces
3
Parking Features
Concrete, Driveway, Electric Gate, Side By Side
deckExterior & Lot
Lot & Grounds
Sewer
Other
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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