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Nicole Hazelton-Meacham

[email protected] +1(619) 206-1892

$3,950,000

Est. payment - /mo

8 Beds

9 Baths

0.56 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR26104036

Bedrooms 8

Lot Size 0.556 Acres

Property Sub-Type Res Income 2-4 Units

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

Zoning Assessor

Direction East/405 Freeway, North/Roscoe

Interior

Heating Forced Air Unit

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Building

Story 3

Level or Stories 3

Others

Senior Community No

Tax ID 2654007167

Acceptable Financing Conventional

Listing Terms Conventional

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Listed by Ching Sze Louie, DRE#00938644 Louie Properties, Inc.

Nearby School & Business

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Nicole Hazelton-Meacham

+1(619) 206-1892

Broker Associate | License ID: 01819363

Broker Associate License ID: 01819363

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8734 - 8736 Burnet North Hills, CA 91343

Nicole Hazelton-Meacham

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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