Residential Income – 9001 Burnet Ave, North Hills, CA 91343, USA -001-11-30T00:00:00-08:00
For sale Burnet Townhomes, a 43-unit condominium-mapped fully occupied apartment building in the North Hills community of Los Angeles, California. Located in the San Fernando Valley with address 9001-9009 Burnet Avenue, The Property is uniquely positioned in
9001 Burnet Ave, North Hills, CA 91343, USA
$17,700,000 USD
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Address9001 Burnet Avenue, North Hills
Price$17,700,000
Year Built2009
Bedrooms Total0
Living Area71,306
Lot Size (Sq.Ft.)54,629
Listing ID19423038
StatusActive
Parcel Number2654004056
ZoningLAR3
Special ConditionsStandard
Days on Market127

Detailed Description: For sale Burnet Townhomes, a 43-unit condominium-mapped fully occupied apartment building in the North Hills community of Los Angeles, California. Located in the San Fernando Valley with address 9001-9009 Burnet Avenue, The Property is uniquely positioned in the market to offer rental revenue upside potential. Built in 2009, Burnet Townhomes features tri-level ?oorplans with spacious 2-, 3-, and 4-bedroom units ranging from ±1,482 to ± 2,214 sq.ft. Unit features include direct access private garages; central heat and air conditioning; in-unit washer and dryer hookups; granite countertops and maple cabinets; separate dining and living areas; spacious bedrooms with ample closet space and walk-in closets.

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Address Information
Address9001 Burnet Avenue, North Hills
Street SuffixAvenue
CityNorth Hills
Location (MLS Area)SF – San Fernando
County Or ParishLos Angeles
State or ProvinceCA
Postal Code91343
Financial Information
Price per Square Foot$248.23
Price per Lot Square Foot$324.00
Special ConditionsStandard
Total Expenses$459,761
Gross Operating Income$1,355,115
Net Operating Income$895,354
Gross Multiplier12.56%
Improvements Amount$7,923,850
Land Value$3,005,926
Tax Year2000
Full Descriptions
Parcel Number2654004056
Detailed DescriptionFor sale Burnet Townhomes, a 43-unit condominium-mapped fully occupied apartment building in the North Hills community of Los Angeles, California. Located in the San Fernando Valley with address 9001-9009 Burnet Avenue, The Property is uniquely positioned in the market to offer rental revenue upside potential. Built in 2009, Burnet Townhomes features tri-level ?oorplans with spacious 2-, 3-, and 4-bedroom units ranging from ±1,482 to ± 2,214 sq.ft. Unit features include direct access private garages; central heat and air conditioning; in-unit washer and dryer hookups; granite countertops and maple cabinets; separate dining and living areas; spacious bedrooms with ample closet space and walk-in closets.
Laundry FeaturesWasher Included, Gas and Electric Dryer Hookup
Appliances DescriptionRefrigerator, Dishwasher
Parking FeaturesGarage – Two Door
Property parameters
Year Built2009
Living Area (Sq.Ft.)71,306
Lot Size (Sq.Ft.)54,629
Lot Size (Acres)1.254
Lot Size SourceAssessor
Number of Buildings3
Number of Units Total43
ZoningLAR3
Stories Total3
Units Total43
Cap Rate (For Cash Payment Only)5.14
Listed withLaurie Lustig (Laurie J. Lustig)