$6,280,000 - 8837 Burnet Avenue, North Hills, CA 91343
8837 Burnet Avenue
North Hills,
CA
91343
Property Type:
Condominium
Status:
Active
Year Built:
2024
Days on Website:
24
Property listed by Harvest Realty Development, Mingyang Li 408-391-5668
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 land. The site is rectangular and is level and at street grade.
Open House
Property Details and Features
Appliances & Equipment
- ConvectionOven
- Dishwasher
- GasCooktop
- Microwave
Building
- Built in 2024
- Building area total: 17,040
- 1 building
- Architectural style: ,Attached
- Common walls: TwoCommonWallsOrMore
Community
- Curbs
Cooling
- CentralAir
Expenses
- Electric expense: $1,000
- Insurance expense: $4,800
- Operating expense: $114,701
- Trash expense: $3,600
- Water sewer expense: $2,000
Garage
- 24 spaces
Income
- Gross income: $439,864
- Net operating income: $325,163
Laundry
- WasherHookup
- ElectricDryerHookup
Listing
- ListingID: OC24222505
- Standard status: Active
- 3 days on market
Lot
- 0.3145 acres
- 13,700 square feet
- Size: 13,700
Parking
- 24 totals parking
- Assigned
- Garage
Pool
- None
Property
- Zoning: LARD1.5
Sewer
- PublicSewer