9205 Burnet Avenue
North Hills, CA 91343
48766 sqft | 91 beds | 2.04 acres | #24441049
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.
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- CountyLos Angeles
- Original List Price$12,250,000
- MLS #24441049
- Cost12250000
- MLS #24441049
- Acres2.0399
- Square Feet48766
- Year Built1985
- Bedrooms91
- Stories2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: David Saghian (#CLW-C134249)
Listing Office: Kidder Mathews of California, Inc. (#CLW-X82410)
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