9205 Burnet Avenue
North Hills, CA 91343
Active for $12,250,000
Beds: 91 Baths: 91 Structure Size: 48,766 sqft Lot Size: 88,856 sqft
| MLS | 24441049 |
| Year Built | 1985 |
| Property Type | |
| County | Los Angeles |
| Status | Active |
| Active | $12,250,000 |
| Structure Size | 48,766 sqft |
| Lot Size | 88,856 sqft |
| Beds | 91 |
| Baths | 91 |
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.
Listing information courtesy of: David Saghian, Kidder Mathews of California, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of 09/20/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Bobby Lalehzari
REALTOR®
Direct: 818.448.8055
Email: Email Me
DRE: 01973804
DRE #01873088
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