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For sale
    • Listed by: Equity Union • Karen Volpei • Contact: 818-266-9123
    $999,000

    16040 Parthenia St, North Hills, CA 91343

    2beds
    1,595sqft
    : 
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    Single Family Residence
    Built in 1951
    0.26 Acres Lot
    $984,800 Zestimate®
    $626/sqft
    $-- HOA

    What's special

    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!
    73 days
    |
    419
    |
    27
    |

    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#: BB26121137MLS LogoOriginating MLS: California Regional MLS

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      Facts & 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
      • Has view: Yes
      • View description: 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: $751,604
      • Annual tax amount: $9,592
      • Date on market: 6/4/2026
      • Cumulative days on market: 73 days
      • Listing terms: Conventional

        Estimated market value

        $984,800

        $936,000 - $1.03M

        $3,785/mo

        Price history

        DateEventPrice
        6/4/2026Listed for sale$999,000-13.1%$626/sqft
        Source: CRMLS #BB26121137 Report a problem
        5/28/2026Listing removed$1,150,000$721/sqft
        Source: Engel & Volkers #BB26090635 Report a problem
        5/20/2026Listed for sale$1,150,000$721/sqft
        Source: Engel & Volkers #BB26090635 Report a problem
        3/23/2026Listing removed$1,150,000$721/sqft
        Source: Engel & Volkers #BB25207928 Report a problem
        10/21/2025Listed for sale$1,150,000+758.2%$721/sqft
        Source: Engel & Volkers #BB25207928 Report a problem
        7/25/1994Sold$134,000-31.3%$84/sqft
        Source: Public Record Report a problem
        11/9/1993Sold$194,989$122/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        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

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: North Hills

        Getting around

        65 / 100
        Somewhat Walkable
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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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