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8734 - 8736 Burnet , North Hills, CA 91343
$3,950,000
Est. Payment: $19,875.78/mo
8 Bed
9 Bath
0 Sqft
Status: pending | Days on site: 33
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Chris Heller
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House 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!
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Highlights

Listed by Ching Sze Louie , 626-278-7388 Louie Properties, Inc. , 626-291-5555. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family
Lot/Acreage
0.56

County

Los Angeles

Listing ID

AR26104036

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:9
  • ▪ Full Bathrooms:
Air Cond:Central Forced Air
Fireplaces:

Exterior Features

Zoning:Assessor
Principal Interest
$19,876
Taxes
$2,518

Home Price

$3,950,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$790,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$19,875.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $19,875.78 $2,518.13 $0.00 $22,393.90
Yearly $238,509.31 $30,217.50 $0.00 $268,726.81
Total $7,155,279.19 $906,525.00 $0.00 $8,061,804.19

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (North Hills, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The data relating to real estate for sale on this web site comes in part from the San Diego MLS, Inc.. Real estate listings held by brokerage firms other than Heller Real Estate Group | eXp Realty of Southern California | PLACE are marked with the IDX logo. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-08-09T02:23:19.000Z

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