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.
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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Schools
Interior
Heating
Wall Furnace
Exterior
Parking Features
Carport
Parking Spots
18.00
Stories Total
2
Financial
Map
Community
- Address9001 Orion Avenue North Hills CA
- AreaNOH – North Hills
- CityNorth Hills
- CountyLos Angeles
- Zip Code91343
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9001 Orion Avenue
North Hills, CA
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