16233 Parthenia Street

Huge price reduction! Welcome to this modern gated property featuring three permitted and extensively remodeled units on one lot, offering exceptional flexibility for multi-generational living or strong rental potential, ideal for both end-users and investors. Each unit has its own address, separate utilities, stainless steel appliances, and LG in-unit washer/dryer. The property includes: (1) an approximately 1,550 sq.ft. upgraded main house with 4 bedrooms and 4 bathrooms; (2) an approximately 1,200 sq.ft. newly built ADU with 2 bedrooms and 2.5 bathrooms; and (3) an approximately 476 sq.ft. newly built Junior ADU with 1 bedroom and 1 bathroom, all with permits. In addition, there is an approximately 120 sq.ft. shed, ideal for use as a dedicated storage room. The front yard has been upgraded with drought-tolerant landscaping, creating a clean aesthetic while maximizing water efficiency. Eco-friendly features include leased solar panels, double-pane windows, and new insulation for improved energy efficiency and year-round comfort. Located in the desirable North Hills neighborhood, the property offers convenient access to shopping, dining, recreation, and major transportation routes. A rare opportunity to own a turn-key multi-unit property in one of the most convenient pockets of the San Fernando Valley.