$3,200,000
SOLD NOV 15, 2018

9001 Orion Ave North Hills, CA 91343

North Hills Neighborhood
6 Beds
5 Baths
17,911 Sq Ft
0.48 Acres

Recently Sold

$179 Per Sq Ft

2% Below List Price

7 Days on Market

Highlights

  • 0.48 Acre Lot
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Valley Academy of Arts & Sciences Rated A-
  • Granite Countertops
  • Laundry Room

About This Home

As of November 2018

The Orion Avenue Apartments is a multifamily asset constructed in 1964 on a 20,933 square foott lot, with total building size of 17,911 square feet. The well maintained and landscaped, two-story property is individually metered for electric and gas, and offers gated security, carport and open-space parking, and on-site laundry facility. The Orion Avenue Apartments features a unit mix of five one-bedroom/one-bathroom units, ten two-bedroom/two-bathroom units and three three-bedroom/two-bathroom units. Select units offer granite counter tops and wood and tile flooring. The property is situated on an individual lot with 1 APNs: 2654-001-045.

Last Agent to Sell the Property

Eric Chen

CB RICHARD ELLIS Listed on: 09/17/2018

Last Buyer's Agent

Filip Niculete

Marcus & Millichap License #01905352

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $41,171

Year Built

  • Built in 1964

Lot Details

  • 0.48 Acre Lot
  • Two or More Common Walls

Home Design

  • Property Attached

Interior Spaces

  • 17,911 Sq Ft Home
  • 2-Story Property
  • Granite Countertops
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Parking

  • 13 Parking Spaces
  • 13 Carport Spaces

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 428
  • Tax Tract Number 2899
  • Assessor Parcel Number 2654001045

Community Details

Building Details

  • 18 Leased Units
  • 18 Separate Electric Meters
  • 18 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $12,055
  • Fuel Expense $2,886
  • Insurance Expense $4,747
  • Maintenance Expense $11,134
  • Other Expense $6,600
  • Pest Control $1,478
  • Professional Management Expense $11,134
  • Trash Expense $2,700
  • Water Sewer Expense $12,054
  • New Taxes Expense $41,171
  • Operating Expense $109,559
  • Gross Income $286,963
  • Net Operating Income $168,795

Additional Features

  • 18 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$41,171

Year Built

Built in 1964

Lot Details

0

Listing Details

  • CapRate: 5.15
  • Professional Management Expense: 11134.00
  • Property Attached: Yes
  • Water Sewer Expenses: 12054.00
  • Property Type: Residential Income
  • Parcel Number: 2654001045
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Wood
  • Price Per Square Foot: 178.66

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 13.00
  • Total Parking Spaces: 13.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Pest Control Expense: 1478.00
  • Sewer: Public Sewer
  • Trash Expense: 2700.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 20933.00
  • Lot Size Acres: 0.4806

Multi Family

  • Electric Expense: 12055.00
  • Fuel Expense: 2886.00
  • Gross Income: 286963.00
  • Gross Multiplier: 11.50
  • Gross Operating Income: 286963.00
  • Gross Scheduled Income: 285163.00
  • Insurance Expense: 4747.00
  • Laundry Income: 1800.00
  • Lot Size Area: 20933.0000 Square Feet
  • Maintenance Expense: 11134.00
  • Maintenance Percent: 4.00
  • Net Operating Income: 168795.00
  • Number Of Separate Electric Meters: 18
  • Number Of Separate Gas Meters: 18
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 18
  • Number Of Units Total: 18
  • Operating Expense: 109559.00
  • Other Expense: 6600.00
  • Other Expense Description: On-Site
  • Rent Control: No
  • Total Actual Rent: 23764.00
  • Total Expenses: 109559.00
  • Vacancy Allowance: 8609
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 41171.00
  • Taxes Percent: 14.79
  • Tax Lot: 428
  • Tax Rate: 1.19
  • Tax Tract Number: 2899
  • Tax Annual Amount: 41171.00
  • Tax Year: 2018

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 For Sale $4,450,000 +39.1% $248 / Sq Ft
11/15/2018 11/15/18 Sold $3,200,000 -2.4% $179 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
09/17/2018 09/17/18 For Sale $3,280,000 -- $183 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kelly Morgan

    Seller's Agent in 2025

    Kelly Morgan

    KW Advisors

    (310) 836-3638

    2 in this area

    29 Total Sales

    Kelly Morgan
    Section Image
  • Eric Chen

    Seller's Agent in 2018

    Eric Chen

    CB RICHARD ELLIS

    (909) 418-2030

    59 Total Sales

    Eric Chen
    Section Image
  • Filip Niculete

    Buyer's Agent in 2018

    Filip Niculete

    Marcus & Millichap

    (818) 357-9525

    106 Total Sales

    Filip Niculete
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18227125

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County North Hills 91343 North Hills

9001 Orion Ave, North Hills, CA

This home is located at 9001 Orion Ave, North Hills, CA 91343 and is currently priced at $3,200,000, approximately $178 per square foot. This property was built in 1964. 9001 Orion Ave is a home located in Los Angeles County with nearby schools including Carlos Santana Arts Academy, Francisco Sepulveda Middle School, and James Monroe High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. Properties may or may not be listed by the office/agent presenting the information

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