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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.
Last Updated | 9/17/2024 | Year Built | 1985 |
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Community | North Hills | County | Los Angeles |
Additional Details
AIR | Central Air |
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AIR CONDITIONING | Yes |
APPLIANCES | Dishwasher |
AREA | North Hills |
GARAGE | Assigned, One Space |
HEAT | Central |
LOT | 2.04 acre(s) |
PARKING | Assigned,One Space |
STORIES | 2 |
ZONING | LARD2 |
Location
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