8734-8736 Burnet Ave - Apartments FOR SALE


North Hills, CA 91343- North Hills East
$3,950,000 USD
626-278-7388
8734-8736 Burnet Ave, North Hills, CA for Sale
$3,950,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

8734-8736 Burnet Ave
North Hills, CA 91343
North Hills East


HIGHLIGHTS

  • Units are individually deeded title, electricity/gas metered. Ideal for redevelopment potential to revert as HOA - to verify with City.
  • Superb location for convenience to freeway, shopping, major businesses; and a popular area with on-going gentrifications!
  • Tri-Level Townhouse units in larger sizes, (8) 3B/2.5b (1380sqft ~ 1530sqft) & (12) 2B/2.5b (1040sqft) & attached 2-car garage!

OVERVIEW

Property to be sold in its "As Is, Where Is" condition with no repairs from the Seller. Buyer to verify with Zoning on the potential opportunity. Buyer to investigate the property at its own cost, including building inspection, environmental studies, etc.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$110 USD /SF

# OF UNITS

20

PRICE/UNIT

$197,500

CAP RATE

Request Cap Rate

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1990

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,215 SF

ZONING

RD1.5

APN/PARCEL ID

2654-007-167,2654-007-168,2654-007-169,2654-007-170,2654-007-171,2654-007-174,2654-007-175,2654-007-176,2654-007-177,2654-007-178,2654-007-179,2654-007-180,2654-007-181,2654-007-182,2654-007-183,2654-007-184,2654-007-185

ASK ABOUT THIS PROPERTY

Ching LouieLouie PropertiesMore Info
626-278-7388

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Ching LouieLouie PropertiesMore Info
626-278-7388

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.