8734 - 8736 Burnet, North Hills, CA 91343
See all 7 photos
8734 - 8736 Burnet, North Hills, CA 91343
8734 - 8736 Burnet, North Hills, CA 91343
8734 - 8736 Burnet, North Hills, CA 91343
8734 - 8736 Burnet, North Hills, CA 91343
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
John Hickey

John Hickey

+1(818) 434-6696
$ 3,950,000
Est. payment /mo
Save
Active

8734 - 8736 Burnet North Hills, CA 91343

0.56 Acres Lot

UPDATED:

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR26104036

HOA Y/N Yes

Year Built 1990

Lot Size 0.556 Acres

Property Sub-Type Townhouse

Property Description

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!

Location

State CA

County Los Angeles

Area Noh - North Hills

Interior

Interior Features Balcony

Heating Forced Air

Cooling Central Air

Fireplace No

Laundry See Remarks

Exterior

Parking Features Garage

Garage Spaces 40.0

Garage Description 40.0

Pool None

Community Features Urban

Roof Type Flat

Total Parking Spaces 40

Private Pool No

Building

Lot Description 16-20 Units/Acre

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water See Remarks

Architectural Style Modern

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 2654007167

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Ching Sze Louie Louie Properties, Inc. 626-278-7388, DRE #00938644

NEARBY SCHOOLS & PROPERTIES

John Hickey

John Hickey

Agent | License ID: 00985364

+1(818) 434-6696

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Hickey Home Group, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

8734 - 8736 Burnet