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$699,000
Townhouse - For Sale

15448 Mustang Lane

North Hills, CA 91343
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2105 Sqft
$3,573
Estimated Monthly
$140
HOA / Fees
16.93%
Cap Rate

About This Property

Exceptional newer 2006 built, gated community detached 5 bedrooms, 3 baths  PUD home in the Heart of North Hills, quiet yet close to business centers and transportation. With a generous 2105 sqft open floor plan, this bright home offers an interior laundry, a double attached garage  in a small, intimate complex.  This property is  private with no common walls and a low maintenance, grassy backyard, it is a  probate sale without court confirmation.  No death on premises.  This streamlined transaction will provide a seamless and efficient process for all parties involved.

What  sets this opportunity apart is the presence of long-term tenants who are currently paying $3,100 per month but who are open to an approximate 10% rent increase with the new owner. This turnkey investment offers an immediate and reliable income stream, making it an attractive proposition for investors seeking a hassle-free arrangement and a solid return on investment.  Beyond the financial benefits, this property exudes elegance and functionality. From the gated entrance that enhances privacy and security to the abundant natural light that fills the interior, every aspect has been thoughtfully designed. Discover a cozy fireplace in the spacious living room, recessed lighting, and a modern kitchen that respond to the needs of contemporary living. The beautiful bamboo floors add a touch of sophistication, while the convenient interior laundry room adds an extra layer of practicality.

Step outside to a low-maintenance backyard, providing an inviting retreat for relaxation or entertaining. The attached garage offers secure parking and valuable storage space, further enhancing the home's appeal.  The location of this property is exceptional, with easy access to nearby amenities, parks, shopping centers, the 405 freeway and dining establishments.  Best value in a most accessible price range, low HOA fee of $140/mo.  Probate regulations mean that property shall be sold "as is", subject to buyers' inspections and due diligence,  with no home protection plan and no termite report.   Buyers to also assume retrofitting.  Don't miss exceptional opportunity, review comparables and  do make a showing appointment today!  This newer home is being sold with "tenants-in-possession".    Back-offers gladly reviewed!
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The manager has listed the unit size as 2105 square feet.
Unit Size
2,105Ft²
Days on Market
139 days
Land Size
1.30 acres
Price per sqft
$332
Property Type
Townhouse
Property Taxes
-
HOA Dues
$140
Year Built
2006
Last updated: 2 months ago (MRMLSCA #SR23225243)

Price History

Date / Event Date Event Price
Mar 12, 2024 Relisted $699,000
Relisted
Feb 24, 2024 In contract -
In contract
Dec 13, 2023 Listed by Compass $699,000
Listed by Compass

Property Highlights

Air Conditioning

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
3 Beds
2.5 Baths
1,653 ft²
$423/ft²
$700,000 Mar 15, 2024
-
$325/mo
House
2 Beds
1 Bath
790 ft²
$791/ft²
$625,000 Jul 18, 2023
-
-
Land
Loft
-
-
$649,000 Dec 15, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230912
09/12/2023
5 Bed
3 Bath
2105 ft²
$729,000
bedrooms
5 Bed
bathrooms
3 Bath
square feet
2105 ft²
-
-
-
Mai Matthesen
Compass

Building Info

15448 Mustang Lane 15448 Mustang Lane, North Hills, CA 91343
  • 1 Unit for Sale
More about this Building
15448 Mustang Lane
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About North Valley


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