16040 Parthenia
Property Overview
Welcome to over 11,000 square feet of pure potential. This rare North Hills compound effortlessly combines turnkey daily living with lucrative, built-in income streams. The crisp and functional main residence boasts 2 bedrooms, 1.5 baths, a versatile family room, and an inviting living room anchored by a cozy fireplace. Previously operated as a permitted preschool/childcare facility, the main building offers an exceptional, ready-to-go, entrepreneurial opportunity. Adding immense value to the estate is a beautifully finished, two-room ADU. Featuring a modern kitchen and its own private entrance, it provides the ultimate layout for multi-generational living or a high-upside rental. Step outside into a low-maintenance, eco-friendly oasis complete with lush fruit trees, a gazebo, and an expansive layout designed for summer hosting. Secured by a private gate with abundant parking, this unique compound is located just minutes from local schools, shopping, and major freeways. A true must-see!
Home Details
- Property type
- Residential - Single Family Residence
- Year built
- 1951
- Living area
- 1,595 sq ft
- Lot size
- 11,243 sq ft
- Stories
- 1
- Days on market
- 45
- Cumulative days on market
- 74
- Full bathrooms
- 1
- MLS status
- Active
- Architectural style
- Ranch
Features & Amenities
Interior
- Separate Formal Dining Room
- All Bedrooms Down
Appliances
- Dishwasher
- Disposal
- Gas Oven
- Gas Range
Parking
- Attached Carport
- Driveway
- Gated
Pool
- None
Lot
- Back Yard
- Front Yard
- Rectangular Lot
Community, Schools & Utilities
Community
- Fireplace
- Yes
- View
- None
Schools
- School district
- Los Angeles Unified
- Middle school
- Holmes
- High school
- Monroe
Utilities
- Heating
- Central
- Cooling
- CentralAir
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 16040 Parthenia
Property type: Residential
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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