9205 Burnet Avenue, North Hills, CA 91343
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- MLS#: 24441049 ( )
- Street Address: 9205 Burnet Avenue
- Viewed: 7
- Price: $12,250,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1985
- Bldg sqft: 0
- Days On Market: 111
- Additional Information
- County: LOS ANGELES
- City: North Hills
- Zipcode: 91343
- Provided by: Kidder Mathews of California, Inc.
- Contact: David David
- DMCA Notice
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Description9205 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.
Property Location and Similar Properties
Features
Appliances
- Dishwasher
Building Area Total
- 48766.00
Cooling
- Central Air
Country
- US
Flooring
- Wood
Heating
- Central
Levels
- Two
Netoperatingincome
- 801609.00
Parcel Number
- 2656024039
Parking Features
- Parking Space
- Assigned
Sourcesystemkey
- 24-441049:CLAW
Totalexpenses
- 439296.00
Year Built
- 1985
Zoning
- LARD2