16040 Parthenia
North Hills, CA, 91343
$999,000
MLS: BB26121137
Beds
2
Baths
2
Sq Ft
1,595
Lot
0.26 ac
Year Built
1951
MLS #
BB26121137
Days on Market
12
Listed
Jun 4, 2026
Description
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!
Location
North Hills, Los Angeles County, CA 91343
Open on Google Maps ↗Listed by: Karen Volpei · Equity Union
Payment estimate
$7,410
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $99,900 · Loan: $899,100
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $5,695
- Property tax (1.25%)
- $1,041
- Homeowners insurance
- $300
- Mortgage insurance
- $375
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
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 $34,965 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
See North Hills, CA 91343 market trends →
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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