8435 Orion Ave, North Hills, CA 91343

0.38 acres
Sold: $450,000
Sold on 06/20/13
Est. Mortgage:

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Drive by only. Do not disturbed tenants. Property being sold based on the land value and development opportunity value only. Income has to be updated lower because the garage and land is no longer rented, as of June 1, 2012 only the main house is currently occupied and paying for $2,000/mo, however, the preliminary architecture plans said that it would fit 20 units with 12 units that are 2 bdrs of approximately 950 sq ft and 8 units that are 3 bdrs of approximately 1050 sq ft. Concept plans available via email, send an email to listing Agent requesting a copy request. Current zoning is RA- 1, a rezoning application was submitted and approved by city planning staff for R-3 zoning in 2008, however, due to down turn in market at that time the project stalled and final fees were not paid and application expired, but the city staff are readily open to re-application with indication of hardly any barriers or obstacles to obtaining R-3 rezoning. Please email any other questions to Listing Agent. Brokered And Advertised By: REAL ESTATE BROKER SERVICES Listing Agent: ERVIN FRISCO  MoreLess
 
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  • Last sold: Jun 2013 for $450,000
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    • Parcel #: 2654029033
    • Zillow Home ID: 20135980
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    Neighborhood for 8435 Orion Avenue

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    Zillow predicts North Hills home values will rise 9.4% next year, compared to a 9.3% rise for Los Angeles as a whole.

    Foreclosures will be a factor impacting home values in the next several years. In North Hills, the number of foreclosures waiting to be sold is 2.1% less than in Los Angeles, and 39% lower than the national average. This lower local number could help North Hills home values rise more quickly than other regions in Los Angeles.

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      Contact a local agent

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      About these agents
      These listing agents specialize in this area and can get you a market value for this home and answer your questions.

      Are you an agent looking for more exposure for yourself or your listings? Call Zillow at (855) 840-3292
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      Premier Agents specialize in this area and can assist you in seeing a home or answer your questions.

      Are you an agent looking for more exposure for yourself or your listings? Call Zillow at 866-324-4005

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