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
North Hills, CA 91343,9205 Burnet AVE
North Hills, CA 91343,9205 Burnet AVE
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$ 12,250,000
Est. payment | /mo

91 Beds

91 Baths

48,766 SqFt


Save
$ 12,250,000
Est. payment | /mo
Save

91 Beds

91 Baths

48,766 SqFt

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

California Regional MLS (CRMLS)
Listed by David Saghian • Kidder Mathews of California, Inc.
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9205 Burnet AVE