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9205 Burnet Avenue, North Hills, CA 91343
Priced at Only: $12,250,000
For more Information Call Mobile: 714.478.6676
Address: 9205 Burnet Avenue, North Hills, CA 91343
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9205 Burnet Avenue
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  • MLS#: 24441049 ( )
  • Street Address: 9205 Burnet Avenue
  • Viewed: 5
  • Price: $12,250,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1985
  • Bldg sqft: 0
  • Days On Market: 100
  • Additional Information
  • County: LOS ANGELES
  • City: North Hills
  • Zipcode: 91343
  • Provided by: Kidder Mathews of California, Inc.
  • Contact: David David
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    9205 Burnet Ave, North Hills, CA 91343, is a 46 unit multifamily property consisting of 45 two bedroom/two bath units and 1 studio, with 48,766 square feet of livable space. Built in 1985, the property falls under AB1482 rent control and offers approximately 13% upside in rents. It sits on a large 2.04 acre lot in the heart of North Hills, with well maintained common areas and a pool. With its potential for Accessory Dwelling Units (ADUs) and strong cash flow, this "cash cow" presents an exceptional investment opportunity in a rapidly growing Los Angeles submarket.
Features
Appliances
  1. Dishwasher
Building Area Total
  1. 48766.00
Cooling
  1. Central Air
Country
  1. US
Flooring
  1. Wood
Heating
  1. Central
Levels
  1. Two
Netoperatingincome
  1. 801609.00
Parcel Number
  1. 2656024039
Parking Features
  1. Parking Space
  2. Assigned
Sourcesystemkey
  1. 24-441049:CLAW
Totalexpenses
  1. 439296.00
Year Built
  1. 1985
Zoning
  1. LARD2
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Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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