$3,995,000
-$155,00015240 Nordhoff Street, North Hills CA 91343
Multi-Family (14 Units)
Property type
603 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 15, 2026 at 01:30pm
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