9205 Burnet Avenue, North Hills, CA 91343
- $12,250,000
- $251
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
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Address: 9205 Burnet Avenue
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City: North Hills
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State/county: CA
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Zip/Postal Code: 91343
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Area: NOH - North Hills
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Country: United States
Details
Updated on September 24, 2024 at 7:09 am-
Property ID SGR-33984747
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Price $12,250,000
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Property Size 48766.00 m²
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Land Area 88856.00 m²
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Bedrooms 91
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Bathrooms 91
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Year Built 1985
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Property Type Residential Income
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Property Status For Sale
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Living Area 48766.00
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MLS# 24441049
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Office Name KIDDER MATHEWS OF CALIFORNIA, INC.
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Agent Name David Saghian
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MLS Status Active
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Living Area Prefix Sqft
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Co-Office Name Lyon Stahl Investment Real Estate, Inc.
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Co-Agent Name Michael Monempour
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Agent State License 01992252
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Co-Agent State License 01996829
Additional details
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Cooling Central Air
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Heating Central
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Flooring Wood
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County Los Angeles
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Parking 90.00
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