$12,250,000
For Sale

9205 Burnet Avenue

North Hills, CA 91343
48766 sqft | 91 beds | 2.04 acres | #24441049
Listing OfficeKidder Mathews of California, Inc.
Browse 18 photos
Type:Multi-Family
Structure:House
Zone:Commercial

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.

  • Interior Details
      • Bedrooms91
  • Property Details
      • Stories2
    • Measurements
      • Acres2.0399
      • Square Feet48766
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1985
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$12,250,000
  • Other
      • MLS #24441049

Location

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00