ActiveSingleFamilyResidence

16009 Acre Street

North Hills, CA, 91343

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$1,200,000

MLS: SR25271067

Beds

4

Baths

3

Sq Ft

2,332

Lot

0.17 ac

Year Built

1957

MLS #

SR25271067

Days on Market

112

Listed

Dec 4, 2025

Description

****Take advantage of a rare opportunity to own this exceptional property, featuring an assumable VA loan with an incredibly low 2.25% interest rate, an outstanding benefit for today’s buyers seeking long-term savings and affordability**** This wonderful property is situated on a quiet, tree-lined street in the desirable North Hills West neighborhood, this stunning single-family home offers 4 bedrooms, 3 bathrooms, and 2,332 square feet of spacious living on a generous 7,594 sq ft lot. Step inside to an inviting open floor plan highlighted by high ceilings, tile flooring, and elegant crown moldings. The stylish, open-concept kitchen flows seamlessly into the living areas. It showcases a beautiful center island, breakfast bar, custom backsplash, quartz countertops, gorgeous cabinetry, and a professional Thermador oven range, ideal for both everyday cooking and entertaining. The expansive living room provides ample space for family and friends to gather and features a striking stone gas fireplace as its focal point. Retreat to the luxurious primary suite, complete with an en suite bath offering a spa tub, a tiled shower, and a generous walk-in closet. The private backyard is your personal oasis, featuring a sparkling saltwater pool refinished with PebbleTec, perfect for unwinding after a long day, letting kids play, or hosting memorable poolside get-togethers. Additional highlights include fully paid solar panels that help reduce electricity costs, a newer roof, new backyard concrete slabs with updated drainage, a 2-car garage with direct access, and much more. Conveniently located near shopping, freeways, and schools, this exceptional home offers comfort, style, and value, truly an outstanding place to call home!

Location

North Hills, Los Angeles County, CA 91343

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Listed by: Guy Azar · The Agency

Payment estimate

$8,636

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $120,000 · Loan: $1,080,000

%
Principal & Interest
$6,636
Property tax (1.25%)
$1,250
Homeowners insurance
$300
Mortgage insurance
$450
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this North Hills home with as little as 3.5% down using an FHA loan — roughly $42,000 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Assumable Loan — Lock In a Below-Market Rate

This North Hills property has an assumable mortgage, meaning a qualified buyer can take over the existing loan at its current interest rate — potentially far below today's market rates. Assumable financing can dramatically reduce your monthly payment and total interest cost over the life of the loan compared to qualifying for a new mortgage at prevailing rates. This is a rare and significant financial advantage; ask your agent for the current loan details.

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