Located at 9001 Orion, this 19-unit multifamily property represents rare upside potential. With a 6.37% Cap Rate, 9.46 GRM, and 6.41% pre-tax cash flow. The property has undergone over $300,000 in recent capital improvements, including extensive interior renovations, curb appeal enhancements, and modernized landscaping. Four of the units are equipped with in-unit washer/dryers, a major draw for discerning tenants.There is also ADU potential: the lot configuration may allow the addition of a 1-bed, 1-bath unit without removing any parking (buyer to verify), boosting returns to a projected 9.98% market cap and 20% IRR. Additionally two vacant units have been fully demoed and include active permits, allowing the buyer to immediately renovate and lease them for increased rental income.***
For sale
$4,450,000
9001 Orion Ave, North Hills, CA 91343
34beds
33baths
17,911sqft
Est.:
Multi Family
Built in 1964
-- sqft lot
$-- Zestimate®
$248/sqft
$-- HOA
What's special
Modernized landscapingCurb appeal enhancementsExtensive interior renovations
- 81 days
- on Zillow |
- 124 |
- 10 |
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