9001 Orion Avenue
North Hills, CA, 91343
$4,450,000
Beds
0 Baths
SqFt
0.48 Acres
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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.***

Property Details

Price:
$4,450,000
MLS #:
25545427
Status:
Active
Baths:
0
Address:
9001 Orion Avenue
Type:
Residential Income
Neighborhood:
nohnorthhills
City:
North Hills
Listed Date:
May 29, 2025
State:
CA
ZIP:
91343
Lot Size:
20,934 sqft / 0.48 acres (approx)
Year Built:
1964
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