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Listed by Andres Hoyos Rodriguez • Sync Brokerage, Inc.
$1,298,000
Est. payment /mo
3 Beds
2 Baths
2,557 SqFt
New
9349 Burnet AVE North Hills, CA 91343
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Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,557 sqft
Price per Sqft $507
MLS Listing ID CRSR25228055
Bedrooms 3
Full Baths 2
Year Built 1924
Lot Size 0.412 Acres
Property Sub-Type Single Family Home
Source California Regional MLS
Property Description
Prime Development Opportunity - Unlock the Full Potential! An exceptional opportunity for investors and developers to capitalize on this versatile property with multiple pathways for a high-ROI project. Currently seller has plans with the city under SB9 which include a 2-story duplex totaling 2,200 sqft and two 2-story ADUs, each 1,200 sqft, resulting in 4 independent units - perfect for maximizing rental income or resale. For visionary developers, SB1123 offers the potential to expand even further, allowing the construction of 6 to 12 units, significantly increasing the value and long-term profitability. Whether you choose to stick with the existing plans or scale up for a larger multi-unit project, both options promise strong returns. Strategic Location; situated on a street already featuring successful developments, with more on the horizon. Close to public transportation, major freeways (405 HWY), and a thriving working-class community - ensuring high tenant demand. This is the perfect project for experienced developers looking to either hold and rent or sell upon completion. Don't miss out on this lucrative opportunity in a growing neighborhood! Buyers to perform their own investigations.
Location
State CA
County Los Angeles
Area Noh - North Hills
Zoning LARS
Interior
Heating Central Forced Air
Cooling Central AC
Fireplaces Type None
Laundry Other
Exterior
Garage Spaces 2.0
Pool None
View None
Building
Water District - Public
Others
Tax ID 2656020003
Special Listing Condition Not Applicable
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