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.
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.
Property Details
Price:
$1,350,000
MLS #:
SR25031677
Status:
Active
Beds:
3
Baths:
2
Address:
9349 Burnet Avenue
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
nohnorthhills
City:
North Hills
Listed Date:
Feb 11, 2025
State:
CA
Finished Sq Ft:
2,557
ZIP:
91343
Lot Size:
17,968 sqft / 0.41 acres (approx)
Year Built:
1924
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Schools
School District:
Los Angeles Unified
Interior
Cooling
Central Air
Fireplace Features
None
Heating
Central
Exterior
Community Features
Urban
Garage Spaces
2.00
Lot Features
6-10 Units/ Acre, 11-15 Units/ Acre, Back Yard, Lot 10000-19999 Sqft
Parking Spots
2.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
View
None
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address9349 Burnet Avenue North Hills CA
- AreaNOH – North Hills
- CityNorth Hills
- CountyLos Angeles
- Zip Code91343
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9349 Burnet Avenue
North Hills, CA
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