Overview
- Townhouse
- 40
- 1990
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, Buyer to verify with the City, Franchise Tax Board and other agencies for possibility of reactivating the HOA. (8) 3Bedrms/2.5 baths, (12) 2Bedrms/2.5 baths and attached 2-car garage with direct access to its own unit. Large unit sized 1040 sqft for 2Bdrms and 1380~1530 sqft for 3Bdrms. 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, where 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!
Address
Open on Google Maps- Address - 8736 Burnet
- City North Hills
- State/county Los Angeles
- Zip/Postal Code 91343
Details
Updated on May 13, 2026 at 11:06 am- Property ID: HZAR26104036
- Price: $3,950,000
- Garages: 40
- Year Built: 1990
- Property Type: Townhouse
- Property Status: ResidentialIncome
- Listed by: Ching Sze Louie
- DRE #: 00938644
- Contact Phone: 626-278-7388
- Contact Mail: chinglouie@gmail.com
- Brokered by: Louie Properties, Inc.
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