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8923 Orion Ave
North Hills, CA 91343
Multifamily Property For Sale · 30 Units

PROPERTY FACTS

No. Units 30
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.73 AC
Building Size 26,472 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1977/2018
Parking Ratio 1.13/1,000 SF
Zoning LAR3 - Residential

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Range

SITE AMENITIES

  • 24 Hour Access

ABOUT 8923 ORION AVE , NORTH HILLS, CA 91343

8923 Orion Avenue is a well-located 30-unit apartment property comprising 19,622 square feet and set on a 31,862-square-foot lot. The property features a strong mix of 3 single apartments, 24 one-bedroom, one-bath apartments, 2 two-bedroom, one bath units and 1 two-bedroom, two-bath unit. Built in 1977, the property features gated access, surface parking and community laundry. Rents are significantly under market allowing for a rental upside of approximately 17% percent.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 3 - -
1+1 24 - -
2+1 2 - -
2+2 1 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2654-001-050
Land Assessment
$3,827,760
Improvements Assessment
$2,159,949
Total Assessment
$5,987,709
  • Listing ID: 16502949

  • Date on Market: 7/2/2019

  • Last Updated:

  • Address: 8923 Orion Ave, North Hills, CA 91343

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