9001 Burnet Avenue

    North Hills, CA 91343
    • $17,250,000
    • STATUS: Active
    • ON SITE: 247 days
    • ID#: 19423038
    UPDATED: 4 min ago
    $17,250,000
    • 0
      BEDS
    • 1.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 71,306
      SQFT
    • $242
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2009
    County:

    School Ratings & Info

    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 ++G++G+-1,482 to ++G++G+- 2,214 square feet.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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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-16T08:26:59.693. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
    www.j1re.com/homes/90808063

    9001 Burnet Avenue North Hills, CA 91343

    • Price: $17,250,000
    • Status: Active
    • Updated: 4 min ago
    • ID#: 19423038
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.25
    Acres
    71,306
    SQFT
    $242
    $/SQFT
    2009
    Built
    Neighborhood:
    SF - San Fernando
    County:
    Los Angeles
    Area:
    SF - San Fernando
    Property 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 ++G++G+-1,482 to ++G++G+- 2,214 square feet.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.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage - Two Door Parking YN Yes

    Interior Features

    Appliances RefrigeratorDishwasher Appliances YN Yes Laundry Features Washer IncludedGas & Electric Dryer Hookup

    Property Features

    Cap Rate 5.52 Gross Multiplier 11.91 Gross Operating Income 1355115.00 Improvements Amount 7923850 Land Value 3005926 Laundry YN Yes Net Operating Income 895354.00 Special Listing Conditions Standard Total Expenses 459761.00 Zoning Lar3

    Listing provided courtesy of Laurie Lustig of Laurie J. Lustig


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-16T08:26:59.693. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
     
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