8734 - 8736 Burnet

North Hills, CA 91343
  • $3,950,000

    Price
  • 8

    Bed
  • 9

    Bath
  • 24,060

    SqFt

About the Listing 30296 - A34047

Property was built in 1990 as 20 Units Tri-level Townhouses with sub-division in place. Homeowner's Association was called 8734 Burnet HOA. Upon Seller's purchase of all units in 2008, property has been managed under one ownership as rental income units. Buyer to verify with the City, Franchise Tax Board and other appropriate agencies for the possibility of reactivating the HOA. (8) 3-Bedrms/2.5-baths, (12) 2-Bedrms/2.5-baths and all with attached 2-car garage directly accessible to its own unit. Large unit sized 1040 sqft for 2-Bdrms and 1380~1530 sqft for 3-Bdrms. Current rental income is on the lower side, however, the five (5) vacant units may bring higher rental income. All electrical panels have been replaced. Each tenant pays its own electricity and gas. There are two water meters. Priced for quick sale at $3,950,000 Total and $197,500 per unit is a rare opportunity for investment. Seller reserve the option for 1031 Exchange, and will make known to Buyers upon receiving offers. Do not miss this one!

Listing Highlights

Status Active
Days on Site 7
Property Type Multi-Family
MLS ® AR26104036
Year Built 1990
Total Square Footage 24,060
Lot/Acreage 0.56

Interior Details

  • Bedrooms: 8
  • Bathrooms: 9 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Balcony
  • Water: See Remarks

Exterior Details

  • Lot Description: 16-20 Units/Acre,No Land Lease
  • Garage Capacity: 40 car
  • Parking Spaces: 40
  • Roof: Flat
  • Others: 2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Garage

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 2654007167
  • Tax Year: N/A

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8734 - 8736 Burnet North Hills, CA 91343

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Originating MLS: CRMLS

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