9205 Burnet Avenue, North Hills, CA 91343

  • $12,250,000
  • $251
9205 Burnet Avenue, North Hills, CA 91343
  • Residential Income
  • Property Type
  • 91
  • Bedrooms
  • 91
  • Bathrooms
  • 48766.00
  • 1985
  • Year Built
For Sale
9205 Burnet Avenue, North Hills, CA 91343
  • $12,250,000
  • $251

Overview

Property ID: SGR-33984747
  • Residential Income
  • Property Type
  • 91
  • Bedrooms
  • 91
  • Bathrooms
  • 48766.00
  • 1985
  • Year Built

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.

  • Address 9205 Burnet Avenue
  • City North Hills
  • State/county CA
  • Zip/Postal Code 91343
  • Area NOH - North Hills
  • Country United States

Details

Updated on September 24, 2024 at 7:09 am
  • Property ID: SGR-33984747
  • Price: $12,250,000
  • Property Size: 48766.00 m²
  • Land Area: 88856.00 m²
  • Bedrooms: 91
  • Bathrooms: 91
  • Year Built: 1985
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 48766.00
  • MLS#: 24441049
  • Office Name: KIDDER MATHEWS OF CALIFORNIA, INC.
  • Agent Name: David Saghian
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Co-Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Co-Agent Name: Michael Monempour
  • Agent State License: 01992252
  • Co-Agent State License: 01996829

Additional details

  • Cooling: Central Air
  • Heating: Central
  • Flooring: Wood
  • County: Los Angeles
  • Parking: 90.00

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