Listed by Ching Sze Louie of Louie Properties,Inc. (626-278-7388)
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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Based on information submitted to CRMLS as of May 20, 2026 10:51 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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