North Hills, CA 91343,8960 Orion AVE

$9,575,000

Est. payment /mo

$9,650,000

0.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

8960 Orion AVE North Hills, CA 91343

28,742 SqFt

SOLD DATE : 03/29/2022

Key Details

Sold Price $9,575,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 28,742 sqft

Price per Sqft $333

MLS Listing ID 21769972

Sold Date 03/29/22

HOA Y/N No

Year Built 1962

Lot Size 0.751 Acres

Acres 0.7506

Property Description

8960 Orion Ave presents an opportunity to acquire a trophy North Hills asset. This property has been meticulously updated by the current ownership over the past 20 years. This property is achieving top-of-the-market rents and has an additional 15% upside in rental income. The subject property has undergone seismic retrofit, has a surveillance system, all doors and windows replaced, amongst other improvements. This property is situated in the heart of North Hills and is a short distance from the rest of the San Fernando Valley. The subject property is a short drive to California State University Northridge and is located around the corner from the 405 freeway.

Location

State CA

County Los Angeles

Area Noh - North Hills

Zoning LAR3

Interior

Fireplace No

Exterior

Total Parking Spaces 40

Building

Story 2

New Construction No

Others

Senior Community No

Tax ID 2654002047

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Daniel Withers • Matthews Real Estate Investment Services
Bought with Daniel Withers • Matthews Real Estate Investment Services

Anna Taylor

Agent | License ID: 02115281

+1(562) 275-1710

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.