8837 Burnet Avenue

North Hills, CA 91343

$6,280,000
Price
9
Beds
36
Baths
17,040 Sq. Ft.
$369 / Sq. Ft.
17,040
Sq. Ft.
$369
per Sq. Ft.

Description

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...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.
  1. Listed by Mingyang Li • DRE #02164643 • Brokerage DRE #01964500 • Harvest Realty Development • 408-391-5668
  2. Listed by QIANG ZHANG • DRE #01403183 • Brokerage DRE #01964500 • Harvest Realty Development

Property Details for 8837 Burnet Avenue

Parking Spaces Total
24
Private Pool
No
Cooling Type
Central Forced Air
Total Units
12.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
17040
Assessor Parcel Number
2654-008-024
LISTING UPDATED: 10/31/2024 09:04 AM

Property Details for 8837 Burnet Avenue

StatusActive
MLS #OC24222505
Days on Market54
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2024
CountyLos Angeles County

Building Information for 8837 Burnet Avenue

Building/Complex8837 Burnet AveFloor-Stories2Residences-Pet Policy-Year Built2024Building Size-

Property Information for 8837 Burnet Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $439,864
  • Gross Scheduled Income: $453,468
  • Net Operating Income: $325,163
Expense Details
  • Operating Expense: $114,701
  • Fuel Expense: $0
  • Electric Expense: $1,000
  • Insurance Expense: $4,800
  • Professional Management Expense: $22,673
  • Trash Expense: $3,600
  • Water Sewer Expense: $2,000
  • Total Expenses: $34,073
Tax / Assessment Info
  • Tax Tract Number: 23928
  • Tax Census Tract: 1175.20
  • CFD/Mello-Roos Fee: $145
  • Tax Lot: 6
Community / Development
Community / Development
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Appliances: Convection Oven, Dishwasher, Gas Cooktop, Microwave
  • Equipment: Dishwasher, Electric Dryer Hookup, Hookup - Electric, Microwave, Washer Hookup
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Number Of Units: 12
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 24
  • Parking: Yes
  • Parking Garage: Assigned, Garage
  • Parking Garage Spaces: 24
  • Carport Spaces: 0
  • Parking Features: Assigned, Garage
Unit Information
Unit 1
  • Unit Type Units Total: 9
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,300
  • Unit Type Total Rent: $29,700
  • Unit Type Pro Forma: 27570
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,489
  • Unit Type Total Rent: $1,489
  • Unit Type Pro Forma: 1200
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $3,300
  • Unit Type Total Rent: $6,600
  • Unit Type Pro Forma: 6040
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 12

Property History for 8837 Burnet Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8837 Burnet Avenue

Taxable ValueLand$1,427,863Additions-Total$1,427,863
Tax Record2024$17,275 ($1,440 / month)
Home Facts
Beds3Stories1Lot Size13,711 SqFtStyleResidentialYear Built1959ZoningLARD1.5CountyLOS ANGELESAPN2654-008-024

Schools near 8837 Burnet Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 5 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Rosa Parks Learning Center
PublicK to 5

Valor Academy Middle School
Charter5 to 8

James Monroe High School
Public9 to 12

Valley Academy Of Arts And Sciences
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

8837 Burnet Avenue is a multi-family home for sale in North Hills, CA 91343. This property was listed for sale on October 28, 2024 by Harvest Realty Development, it's currently listed at $6,280,000. It has been on the market for a total of 54 days and was last sold on March 7, 2018. This listing's school district is Los Angeles Unified School District. Nearby schools include Rosa Parks Learning Center, Valor Academy Middle School and James Monroe High School. 8837 Burnet Avenue is a 9-bed, 36-bath, 17,040 sqft multi-family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Harvest Realty Development, Mingyang Li, DRE #02164643; Harvest Realty Development, QIANG ZHANG, DRE #01403183

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.