North Hills, CA 91343 8837 Burnet Avenue
$6,280,000
14 more
Presented By: Mingyang Li with Real Broker;
- MLS# OC24222505
- 10/28/2024
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 36
Full/Half Baths • 7 / 2
SQFT • 17,040
Garage • 24
Home Details
Briefly described, the subject consists of a good quality two-story apartment building above on-grade garage parking in good condition, containing 12 units totaling approximately 17,040 SF of net rentable area (per appraiser's measurements) and a gross building area of 17,200 SF (per Application for Building Permit and Certificate of Occupancy), constructed in 2023. The average unit size is approximately 1,420 SF. The subject's site consists of approximately 13,700 SF or approximately .31 acre of land. The site is rectangular and is level and at street grade.
Presented By: Mingyang Li with Real Broker;
Interior Features for 8837 Burnet Avenue
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesWasherHookup, ElectricDryerHookup
Total Stories2
Other Rooms
Entry Level1
General for 8837 Burnet Avenue
Additional Parcels Y/NNo
AppliancesConvectionOven, Dishwasher, GasCooktop, Microwave
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityNorth Hills
Community FeaturesCurbs
CoolingCentralAir
CountyLos Angeles
DirectionsTake Columbus Ave to Burnet Ave
Electric Expense1000.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense0.0
Garage Spaces24.0
Garage Y/NYes
Gross Income439864.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense4800.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet13700.0
Lot Size UnitsSquareFeet
MLS AreaNOH - North Hills
MobileHomeRemainsYNNo
Net Operating Income325163.0
New ConstructionYes
Number Of Units Total12
Operating Expense114701.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalCondominium
Property SubtypeCondominium
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot6
Trash Expense3600.0
Water Sewer Expense2000.0
Waterfront Y/NNo
Year Built2024
Year Built SourceBuilder
ZoningLARD1.5
Exterior for 8837 Burnet Avenue
Building Area Total17040.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.3145
Lot Size Area13700.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters12
Number of Separate Gas Meters12
Number of Separate Water Meters12
Open Parking Y/NNo
Parking FeaturesAssigned, Garage
Private PoolNo
SpaNo
Total Parking24.0
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate