$3,995,000
-$155,00015240 Nordhoff Street, North Hills CA 91343
Multi-Family (14 Units)
Property type
592 days
On market
$360
Price per sqft
0 cars
Garage
1983
Year built
10,715 sqft
Lot size
Open Houses
Overview
Introducing 15240 Nordhoff St, North Hills—an excellent investment opportunity featuring a mix of 2 one-bedroom, one-bath units and 12 two-bedroom, two-bath units. This property offers a fantastic North Hills location, subject to statewide rent control with notable rental upside potential. Tenants will appreciate the secure, gated entry, on-site parking with additional...
Listing provided by: James Antonucci DRE #01822661 818-432-1513, Keller Williams Realty-Studio City, Michael Pesci DRE #01274379 818-432-1627, Keller Williams Studio City
Listing updated: May 18, 2026 at 10:41pm.
Last checked: Jun 3, 2026 at 10:31pm
Source: CRMLS #SR24218194
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 2 | 1 | 1 | — | $1,745 | $3,490 | $2,000 | Unfurnished |
| 12 | 2 | 2 | — | $2,117 | $25,407 | $2,500 | Unfurnished |
# of Buildings: 1
# of Units Total: 14
Separate Electric Meters: 14
Separate Gas Meters: 14
Separate Water Meters: 1
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
11.4x
List Price / Annual Gross Rent
Cap Rate
5.51%
NOI / List Price
Gross Scheduled Income: $349,764
Vacancy Allowance: $10,493
Vacancy Allowance Rate: 3%
Operating Expense: $119,151
Net Operating Income: $220,120
Annual Operating Expenses
Cable TV: $0
Electric: $7,120
Furniture Replacement: $0
Gardener: $1,500
Fuel: $7,120
Insurance: $9,872
Licenses: $0
Maintenance: $13,571
New Taxes: $49,938
Pest Control: $1,500
Pool: $0
Professional Management: $0
Supplies: $0
Trash: $5,040
Water / Sewer: $7,120
Interior
Heating: Forced Air
Laundry: Common Area
Entry Location: 2
Exterior
Property Attached: Yes
Stories Total: 1
Levels: One, Two, Three Or More
Common Walls: Two Common Walls Or More
Lot Features: Eleven To Fifteen Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Assigned
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 2654034006
Additional Parcels: No
Tax Lot: 22
Zoning: LAR3
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Suburban, Sidewalks
Nearby Schools
Nearby schools around the 15240 Nordhoff Street, North Hills, CA 91343. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,196,000
Total Interest
$4,076,322
Total Payment
$7,272,322
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$24,512
per month
Property History for 15240 Nordhoff Street
North Hills Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91343.
Similar Homes
Listings with similar prices to 15240 Nordhoff Street