$1.40M
16233 Parthenia Street, NORTH HILLS, CA 91343
Single Family Residence
Description
Three homes on one lot! Thoughtfully designed and extensively remodeled, each unit features brand-new appliances and its own washer/dryer, offering a modern and elevated living experience. The property consists of: (1) an approx. 1,550 sq.ft. upgraded main house (tenant-occupied on a month-to-month lease) with 4B/4B; (2) an approx. 1,200 sq.ft. newly built ADU (vacant) with 2B/2.5B; and (3) an approx. 476 sq.ft. newly built Junior ADU (vacant) with 1B/1B - all with permits. In addition, there is an approx. 120 sq.ft. shed, ideal for use as a dedicated storage room. Each unit has its own separate address and separate utilities, maximizing convenience and rental flexibility. All three units are highly rentable and offer excellent cash-flow potential. The front yard has been upgraded with drought-tolerant landscaping, providing a clean aesthetic while maximizing water-saving efficiency. Eco-friendly enhancements include leased solar panels, double-pane windows, and new insulation for improved energy efficiency and year-round comfort. Whether you're looking to diversify your investment portfolio or seeking a flexible living arrangement with built-in rental income, this property offers exceptional versatility. Live in one unit and rent out the other two, or lease all three for strong, stable returns. Located in the desirable North Hills neighborhood, the property offers convenient access to shopping, dining, recreation, and major transportation routes. Don't miss this rare opportunity to own a high-yield, turn-key multi-unit property in one of the most convenient pockets of the San Fernando Valley.
Property Details
Bedrooms
7
Bathrooms
8
Living Area
3,226 sqft
Lot Size
7,322 sqft
Year Built
1957
Stories
1
Price History
Listed
Nov 12, 2025
$1.40M
Price Change
Jan 23, 2026
$1.40M
$-4,999
Location
Location Scores
What's Nearby
Restaurants, parks, schools, and more within 3 km. Powered by Google Places.
Little Caesars Pizza
8332 Sepulveda Boulevard, North Hills
Subway
15753 Roscoe Boulevard, North Hills
Subway
9040 Sepulveda Boulevard Suite F2, North Hills
Dr. Hogly Wogly's Tyler Texas BBQ
8136 Sepulveda Boulevard, Panorama City
Starbucks Coffee Company
16222 Nordhoff Street, North Hills
Horseless Carriage Restaurant
15505 Roscoe Boulevard, North Hills
Subway
9008 Balboa Boulevard, Northridge
Panda Express
9008 Sepulveda Boulevard E-4, North Hills
8 places within 3 km · Google Places
Listed by Shengnan Li — Estate Properties (MLS# CLW-C138449)
MLS# 25607925
Listing data provided by CRMLS (California Regional Multiple Listing Service). Based on information from CRMLS as of 3/6/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Rose District Real Estate — DRE# 02356332
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Estimated Monthly Payment
$8,617.10
per month
Loan Amount
$1,116,000
Down Payment
$279,000
Total Interest
$1,489,808
Total Cost
$3,102,158
Rose District
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$1.40M
16233 Parthenia Street, NORTH HILLS, CA 91343