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$ 12,250,000
Est. payment /mo
Active
9205 Burnet AVE North Hills, CA 91343
91 Beds
91 Baths
48,766 SqFt
UPDATED:
10/14/2024 06:10 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 48,766 sqft
Price per Sqft $251
MLS Listing ID 24441049
Bedrooms 91
HOA Y/N No
Year Built 1985
Lot Size 2.040 Acres
Acres 2.0399
Property 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.
Location
State CA
County Los Angeles
Area Noh - North Hills
Zoning LARD2
Interior
Heating Central
Cooling Central Air
Flooring Wood
Fireplace No
Appliance Dishwasher
Exterior
Garage Assigned, One Space
Parking Type Assigned, One Space
Total Parking Spaces 90
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2656024039
Special Listing Condition Standard
Listed by David Saghian • Kidder Mathews of California, Inc.
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