Under ContractSingleFamilyResidence

16040 Parthenia

North Hills, CA, 91343

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$1,150,000

MLS: BB26090635

Beds

2

Baths

2

Sq Ft

1,595

Lot

0.26 ac

Year Built

1951

MLS #

BB26090635

Days on Market

1

Listed

Apr 27, 2026

Description

Welcome to 16040 Parthenia Street — a beautiful updated, move-in-ready gem in the heart of North Hills! This charming and versatile property offers a main residence plus a finished ADU, making it perfect for extended family, guests, or rental income. The main home features 2 spacious bedrooms, 1.5 baths, and a bright, open layout designed for comfort and functionality. The inviting living room showcases a cozy fireplace, while the adjacent den is perfect for a home office, playroom, or media room. The well-appointed kitchen makes daily living effortless and enjoyable. The ADU (not reflected in assessor records) includes 2 bedrooms, a modern kitchen, and private access—an excellent setup for multi-generational living or income-producing opportunities. Step outside and discover your own private backyard retreat: a fully fenced yard with water-efficient landscaping, fruit trees, a covered garden area, gazebo, and storage shed. It’s ideal for outdoor entertaining or quiet relaxation. The property also offers ample off-street parking, a security camera system, and plenty of space for both residents and guests. A standout feature of this property is the existing, permitted child care business—a rare opportunity for buyers seeking a live/work lifestyle or immediate income stream. Schedule your private tour today and see this incredible property in person! Key Features: 2 Bed / 1.5 Bath Main Home + 2 Bed ADU Turnkey condition, freshly presented Private fenced yard with fruit trees & gazebo Income potential from ADU or childcare business Prime North Hills location near schools, shopping & freeways

Location

North Hills, Los Angeles County, CA 91343

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Listed by: Jason Kallen · Engel & Volkers Burbank

Payment estimate

$8,383

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $115,000 · Loan: $1,035,000

%
Principal & Interest
$6,454
Property tax (1.25%)
$1,198
Homeowners insurance
$300
Mortgage insurance
$431
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Today's Rates

As of May 7, 2026

30-year fixed
6.37%
15-year fixed
5.72%

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

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

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 $40,250 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.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.