18
  • Property Type
  • Residential Income
  • 91
  • Bedrooms
  • 91
  • Bathrooms
  • 48766.00 m²
  • Area Size
  • 1985
  • Year Built
9205 Burnet Avenue, North Hills, CA 91343
  • $12,250,000
  • $251

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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Sankofa Global Realty
  • Sankofa Global Realty

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