North Hills Apartment Building Sales
Explore 7 closed transactions totaling $25.87M in North Hills. Data from the LAAA Team at Marcus & Millichap.
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Transactions
$25.87M
Total Volume
6.55%
Avg Cap Rate
$298,609
Avg $/Unit
19
Avg Units
2012
Since
Cap rate, price per unit and unit count are averaged across apartment sales only: 4 of these 7 closed transactions are apartment sales. A sale with no figure recorded is left out of that average, so cap rate draws on 3.
LAAA Team Track Record Since 2012
North Hills Multifamily Market Overview
North Hills offers higher-yield SFV investment between Van Nuys and Northridge. Across 6 transactions totaling $24.7M, the 4 apartment sales average $299,000 per unit across 75 units, and the 3 of those with a recorded cap rate average 6.55%. LA RSO applies.
Market Snapshot
Source: CoStar | North Hills/Panorama City Multifamily | 2026 Q1Rents by Unit Type
Investment Activity (Trailing 12 Mo)
North Hills Market Area
LAAA Team Closings in North Hills
7 transactions by Glen Scher, Filip Niculete & the LAAA Team
9009 Burnet Ave
North Hills • 2019
$16,250,000Units
43Cap
5.27%$/Unit
$377,907
9001-9005 Orion Avenue
North Hills • 2018
$3,200,000Units
18Cap
8.91%$/Unit
$177,778
9339 Burnet Avenue
North Hills • 2017
$2,970,000Units
6Cap
5.46%$/Unit
$495,000
15566 Rayen Street
North Hills • 2015
$1,250,000
8444 Burnet Ave
North Hills • 2013
$1,150,000Units
8$/Unit
$143,750
15566 Rayen Street
North Hills • 2013
$480,000
8935 Orion Avenue
North Hills • 2013
$570,000
Source: LAAA Team Closed Transactions
North Hills Multifamily Investment FAQs
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