North Hills Apartment Building Sales
Explore 6 closed multifamily transactions totaling $24.72M in North Hills. Data from the LAAA Team at Marcus & Millichap.
6
Transactions
$24.72M
Total Volume
6.55%
Avg Cap Rate
$350,228
Avg $/Unit
22
Avg Units
2013
Since
North Hills Multifamily Market Overview
North Hills offers higher-yield SFV investment between Van Nuys and Northridge. Across 6 transactions totaling $24.7M, average cap rate is 6.55% at $350K per unit. LA RSO applies.
Market Metrics
Total Deals
6
Total Volume
$24.72M
Avg Cap Rate
6.55%
Cap Rate Range
5.27% - 8.91%
Avg $/Unit
$350,228
$/Unit Range
$177,778 - $495,000
Avg Units/Deal
22
Deal Types
Apartments: 3, Land: 3
Market Snapshot
Source: CoStar | North Hills/Panorama City Multifamily | 2026 Q1Rents by Unit Type
Supply & Demand
Investment Activity (Trailing 12 Mo)
LAAA Team Closings in North Hills
6transactions by Glen Scher, Filip Niculete & the LAAA Team
9009 Burnet Ave
North Hills • 2019
$16.25MUnits
43Cap
5.27%$/Unit
$377,907
9001-9005 Orion Avenue
North Hills • 2018
$3.20MUnits
18Cap
8.91%$/Unit
$177,778
9339 Burnet Avenue
North Hills • 2017
$2.97MUnits
6Cap
5.46%$/Unit
$495,000
15566 Rayen Street
North Hills • 2015
$1.25M
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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