9001 Orion Avenue, North Hills, CA, 91343

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$4,450,000
3 Days On Site

9001 Orion Avenue
North Hills, CA 91343

For Sale|Residential Income|Active
34
Beds
33
Total Baths
17,911
SqFt
$248
/SqFt
1964
Built
County:
Los Angeles
Listed by Kelly Morgan of KW Advisors [email protected]
9001 Orion Avenue9001 Orion Avenue9001 Orion Avenue9001 Orion Avenue
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Monthly Payment (Est.)

$20,303
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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.Contact us today to request the OM or schedule a private tour.**Contact Kelly Morgan Multifamily Group for more information (310) 836-3638 or [email protected]***Disclaimer:The attached information and figures are projections provided solely for conceptual marketing purposes and must be verified by the prospective purchasers. Neither the Seller, Alactic Systems, Kelly Morgan, their team, nor any related employees or independent contractors warrant their accuracy. Prospective purchasers should conduct their own due diligence and are advised to conduct a thorough investigation including consulting with the appropriate professionals regarding all relevant details, facts, and projections, including the ability to make any potential improvements or build an ADU on the property in question.

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Listing Snapshot
Price 
$4,450,000
Days On Site 
3 Days
Bedrooms 
34
Inside Area (SqFt) 
17,911 sqft
Total Baths 
33
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.4806 Acres
Year Built 
1964
MLS® Number 
25545427
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Acres 
0.4806
Number Of Stories 
2
Parking 
Carport
Parking Spaces 
18
Special Circumstances 
Standard
SqFt Total 
17911
Stories 
Two
Zoning 
LAR3
Interior Features
Heating 
Wall Furnace
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Community Features
MLS Area 
NOH - North Hills


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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