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8734-8736 Burnet Ave 20 Unit Apartment Building $5,410,473 CAD ($270,524 CAD/Unit) North Hills, CA 91343



Investment Highlights
- Units are individually deeded title, electricity/gas metered. Ideal for redevelopment potential to revert as HOA - to verify with City.
- Tri-Level Townhouse units in larger sizes, (8) 3B/2.5b (1380sqft ~ 1530sqft) & (12) 2B/2.5b (1040sqft) & attached 2-car garage!
- Superb location for convenience to freeway, shopping, major businesses; and a popular area with on-going gentrifications!
Executive Summary
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.
Buyer to verify with Zoning on the potential opportunity.
Buyer to investigate the property at its own cost, including building inspection, environmental studies, etc.
Property Facts
| Price | $5,410,473 CAD | Building Class | C |
| Price Per Unit | $270,524 CAD | Lot Size | 0.56 AC |
| Sale Type | Investment | Building Size | 35,901 SF |
| No. Units | 20 | Average Occupancy | 75% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1990 |
| Apartment Style | Low-Rise | Parking Ratio | 1.11/1,000 SF |
| Zoning | RD1.5 - Buyer to verify with the City on property zoning. Property was previously operated as "8734 Burnett HOA." Consisted of 20 individual townhouses. | ||
| Price | $5,410,473 CAD |
| Price Per Unit | $270,524 CAD |
| Sale Type | Investment |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.56 AC |
| Building Size | 35,901 SF |
| Average Occupancy | 75% |
| No. Stories | 3 |
| Year Built | 1990 |
| Parking Ratio | 1.11/1,000 SF |
| Zoning | RD1.5 - Buyer to verify with the City on property zoning. Property was previously operated as "8734 Burnett HOA." Consisted of 20 individual townhouses. |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3 | 8 | $3,390 CAD | 1,350 - 1,530 |
| 2+3 | 12 | $3,013 CAD | 1,040 - 1,060 |
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,501,653 CAD | |
| Land Assessment | $1,440,794 CAD | Total Assessment | $3,942,447 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,440,794 CAD
Improvements Assessment
$2,501,653 CAD
Total Assessment
$3,942,447 CAD
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8734-8736 Burnet Ave
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