9349 Burnet Avenue
North Hills, CA, 91343
$1,275,000
MLS: SR26079273
Beds
3
Baths
2
Sq Ft
2,557
Lot
0.41 ac
Year Built
1924
MLS #
SR26079273
Days on Market
1
Listed
Apr 13, 2026
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
North Hills, Los Angeles County, CA 91343
Open on Google Maps ↗Listed by: Andres Hoyos Rodriguez · Sync Brokerage, Inc.
Payment estimate
$9,157
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $127,500 · Loan: $1,147,500
- Principal & Interest
- $7,050
- Property tax (1.25%)
- $1,328
- Homeowners insurance
- $300
- Mortgage insurance
- $478
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this North Hills home with as little as 3.5% down using an FHA loan — roughly $44,625 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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