CA > North Hills
North Hills, CA 91343,9205 Burnet Ave
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North Hills, CA 91343,9205 Burnet Ave
North Hills, CA 91343,9205 Burnet Ave
North Hills, CA 91343,9205 Burnet Ave
North Hills, CA 91343,9205 Burnet Ave
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GUIDE SoCal

GUIDE SoCal

$ 12,250,000
Est. payment /mo
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Active

9205 Burnet Ave North Hills, CA 91343

91 Beds

91 Baths

48,766 SqFt

UPDATED:

10/14/2024 05:59 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 48,766 sqft

Price per Sqft $251

MLS Listing ID 24-441049

Bedrooms 91

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 North Hills

Zoning LARD2

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Flooring Wood, Wood Laminate

Equipment Range/Oven, Dishwasher

Exterior

Garage Parking Space, Assigned

Garage Spaces 90.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Kidder Mathews of California, Inc.

GUIDE SoCal

Broker | License ID: DRE#01976964

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9205 Burnet Ave