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!
Under contract
Listed by: Equity Union • Karen Volpei • Contact: 818-266-9123
$999,000
16040 Parthenia St, North Hills, CA 91343
2beds
1,595sqft
Single Family Residence
Built in 1951
0.26 Acres Lot
$986,100 Zestimate®
$626/sqft
$-- HOA
What's special
Cozy fireplaceLush fruit treesLow-maintenance eco-friendly oasisBeautifully finished two-room aduAbundant parkingVersatile family room
- 117 days
- 326
- 10
Zillow last checked:
Listing updated:
Listed by:
Karen Volpei DRE #01351913 818-266-9123,
Equity Union,
Barry Gussow DRE #01509371 818-266-9898,
Equity Union
Source: CRMLS,MLS#: BB26121137
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Bedroom, Dining Room
Bedroom
- Features: All Bedrooms Down
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Gas Oven, Gas Range
- Laundry: Laundry Room
Features
- Separate/Formal Dining Room, All Bedrooms Down
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,595 sqft
Video & virtual tour
Property
Parking
- Parking features: Attached Carport, Driveway, Gated
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Patio & porch: Covered, Patio
- Pool features: None
- Spa features: None
Lot
- Size: 0.26 Acres
- Features: Back Yard, Front Yard, Rectangular Lot
Details
- Additional structures: Guest House Detached
- Parcel number: 2673004034
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Foundation: Raised
Condition
- Additions/Alterations
- New construction: No
- Year built: 1951
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected
Community & HOA
Community
- Features: Street Lights, Suburban, Sidewalks
Location
- Region: North Hills
Financial & listing details
- Price per square foot: $626/sqft
- Tax assessed value: $766,635
- Date on market: 6/4/2026
- Cumulative days on market: 118 days
- Listing terms: Conventional
Estimated market value
$986,100
$937,000 - $1.04M
$3,771/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/31/2026 | Contingent | $999,000$626/sqft |
Source:  CRMLS #BB26121137 Report a problem | ||
| 6/4/2026 | Listed for sale | $999,000-13.1%$626/sqft |
Source: CRMLS #BB26121137 Report a problem | ||
| 5/28/2026 | Listing removed | $1,150,000$721/sqft |
Source:  Engel & Volkers #BB26090635 Report a problem | ||
| 5/20/2026 | Listed for sale | $1,150,000$721/sqft |
Source: Engel & Volkers #BB26090635 Report a problem | ||
| 3/23/2026 | Listing removed | $1,150,000$721/sqft |
Source: Engel & Volkers #BB25207928 Report a problem | ||
| 10/21/2025 | Listed for sale | $1,150,000+758.2%$721/sqft |
Source: Engel & Volkers #BB25207928 Report a problem | ||
| 7/25/1994 | Sold | $134,000-31.3%$84/sqft |
Source: Public Record Report a problem | ||
| 11/9/1993 | Sold | $194,989$122/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $766,635 +2% |
| 2025 | $9,592 +0.8% | $751,604 +2% |
| 2024 | $9,519 +1.9% | $736,868 +2% |
| 2023 | $9,343 +4.7% | $722,420 +2% |
| 2022 | $8,927 +9.8% | $708,255 +11.4% |
| 2021 | $8,130 +2.3% | $635,600 +4.6% |
| 2020 | $7,948 | $607,500 |
| 2019 | $7,948 +22.8% | $607,500 +20.5% |
| 2018 | $6,472 | $504,000 +6.6% |
| 2017 | $6,472 +6.4% | $473,000 +5.6% |
| 2016 | $6,083 +5.7% | $448,000 +5.4% |
| 2015 | $5,756 +2.6% | $425,000 |
| 2014 | $5,610 | $425,000 +36.7% |
| 2012 | -- | $311,000 |
| 2011 | -- | $311,000 |
| 2010 | -- | $311,000 |
| 2009 | -- | $311,000 -45.7% |
| 2008 | -- | $572,220 +2% |
| 2007 | -- | $561,000 +2% |
| 2006 | -- | $550,000 +234.2% |
| 2005 | -- | $164,570 +4% |
| 2004 | -- | $158,182 +1.9% |
| 2003 | -- | $155,284 +2% |
| 2002 | -- | $152,240 +4% |
| 2000 | -- | $146,331 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: North Hills
Nearby schools
Schools provided by the listing agent
- Middle: Holmes
- High: Monroe
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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