Off MarketNeutral Deal4 days on market

14860 Novice St

14860 Novice St, North Hills, CA 91343, North Hills, CA 91343
$750,000
Estimate®:$789,900$39,900 Under Market

Listing Price

Property image 1
14860 Novice St, North Hills, CA 91343
Loc: North Hills, CA
Days Listed
4
Tax Assessed
$244k
Estimate®
$790k
5% Under Valued
Lot Size
7,621 sqft
Rent Estimate
$4,625/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

4

Lassen Elementary School

K-5
0.3 mi away
5

Francisco Sepulveda Middle School

6-8
0.5 mi away
3

James Monroe High School

9-12
1.2 mi away

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

Single Family Residence1958CentralCentral Air2 Attached Garage spaces7,621 sqft

Haven AI Verdict

Recommendation
Neutral
Confidence Score: 3/10
Exercise caution due to potential market volatility.
Cap Rate
5.17%
Total ROI
15.5%
Cash Flow
$-559/mo
DSCR
0.85
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-559/mo net cash flow with a 5.2% cap rate. Underwriting indicates neutral fundamentals for long-term hold.

Strengths
  • Prime residential location in North Hills, CA
  • Long-term capital appreciation corridor
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-07-31Sold$790,000$418
2026-07-03Pending sale$750,000$396
2026-06-18Listed for sale$750,000$396
2026-05-24Pending sale$750,000$396
2026-05-15Listed for sale$750,000$396
1998-03-09Sold$150,000$79

Tax History

YearProperty TaxTax Assessment
2026$0$244,274
2025$3,178.34$239,486
2024$3,138.73$234,791
2023$3,082.85$230,188
2022$2,948.31$225,676
2021$2,903.19$221,252
2020$2,925.7$218,984
2019$2,925.7$214,692
2018$2,709.37$210,484
2017$2,709.37$206,358
2016$2,650.3$202,313
2015$2,571.36$199,275
2014$2,551.19$195,372
2012$0$190,678
2011$0$186,940
2010$0$185,543
2009$0$185,985
2008$0$182,339
2007$0$178,764
2006$0$175,260
2005$0$175,260
2004$0$168,456
2003$0$165,369
2002$0$162,127
2000$0$155,833
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
2
Sq Ft
1,892
Address-Level Value-Add Underwriting

ARV, Rehab & Maximum Allowable Offer (MAO)

Model contractor scopes, estimated after-repair value (ARV) projections, and determine your purchase price ceiling to protect target margins.

Modeled value-add projection (+18% baseline) for 4b/2ba in North Hills
+18% vs. list
$
$85,140
75% Rule
Maximum Allowable Offer (MAO)
$578,610

Calculated as (75% × $885,000) − $85,140

Asking Price is $171,390 (22.9%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $578,610 based on $85,140 in required updates.
Current Asking Price:$750,000
Estimated ARV:$885,000
Estimated Renovation:$85,140
All-In Capital Basis (MAO + Rehab):$663,750
Projected Equity Margin:+$221,250
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Provenance:[Observed] List Price: $750,000[Observed] Rent: $4,625/mo[Estimated] Tax Rate: 0.75% (CA)[Estimated] Hazard Ins: $375/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.85%

NOI: $36,403/yr

Cash-on-Cash Yield
-6.0%

On $172,500 invested

DSCR Ratio
0.78x

Negative debt coverage

5-Yr Leveraged ROI
+64.4%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
[Estimated]Property Taxes (0.75% of basis)-$153/mo
[Estimated]Homeowner / Hazard Insurance-$375/mo
[Defaulted]Vacancy Reserve (5% of rent)-$231/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$463/mo
[Defaulted]Property Management (8% of rent)-$370/mo
Total Pure Operating Expenses-$1,591/mo
Net Investor Cash Flow
Gross Scheduled Rent+$4,625/mo
Less: Operating Expenses-$1,591/mo
Net Operating Income (NOI)+$3,034/mo
Less: Debt Service (30yr @ 6.75%)-$3,892/mo
Net Cash Flow
$-858/mo
$-10,296/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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14860 Novice St | North Hills, CA | Haven AI Analysis | Haven by ScoutHavens