9349 Burnet AVE new Save Request In-Person Tour Request Virtual Tour
North Hills,CA 91343
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,557 sqft
Price per Sqft $527
MLS Listing ID SR25031677
Bedrooms 3
Full Baths 2
Year Built 1924
Lot Size 0.412 Acres
Property Sub-Type Single Family Residence
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 8 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
Cooling Central Air
Fireplaces Type None
Laundry Inside
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Urban
View Y/N No
View None
Building
Lot Description 11-15 Units/Acre,6-10 Units/Acre,Back Yard
Dwelling Type House
Story 2
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Los Angeles Unified
Others
Acceptable Financing Cash to Existing Loan
Listing Terms Cash to Existing Loan
Special Listing Condition Standard