8,023 Sqft Lot
8,023 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV24184894
HOA Y/N No
Year Built 1939
Lot Size 8,023 Sqft
Property Description
Prime Location: Situated in the vibrant Burbank 91504 area, this property is conveniently close to major shopping centers and studios.
Top-Rated School District: Burbank is renowned for its excellent schools, significantly enhancing property value.
Exceptional Public Services: The area benefits from outstanding police and fire departments, ensuring a safe and secure environment.
Front House has 3 bedrooms, 2 bathrooms, Parking: Includes a 1-car covered garage and 3 additional parking spaces.
Upgraded Condition: Recently remodeled for modern living.
Climate Control: Equipped with central air and heating.
Back Units 1: 2 bedrooms, 2.5 bathrooms, features a private patio, 2 designated parking spaces, recently remodeled for modern comfort.
Climate Control: Equipped with central air and heating, back Unit 2 Second Floor 2 bedrooms, 2 bathrooms, Includes two balconies.
Parking: 2 designated parking spaces.
Upgraded Condition: Recently remodeled with modern amenities.
Climate Control: Equipped with central air and heating.
Conveniently located near schools, public transportation, shopping, and entertainment in Burbank.
Easy access to the 5 Freeway, ideal for commuters.
Investment Potential:
Lucrative Income Property: This 3-unit property is poised to generate steady rental income, especially in Burbank’s high-demand market.
Recent Upgrades: All units have been Completely remodeled in 2019, making them highly attractive to tenants seeking modern living spaces.
Modern Amenities: Central air and heating in all units add significant value to the property.
This property offers strong potential for rental income and long-term appreciation due to its prime location and high-quality units. For potential investors, it’s advisable to analyze the current rental market in Burbank, project potential income, and consider future value appreciation.
Location
State CA
County Los Angeles
Area 610 - Burbank
Interior
Interior Features Balcony, Granite Counters, Walk-In Closet(s)
Heating Central
Cooling Central Air
Flooring Carpet, Vinyl
Fireplaces Type Gas, Living Room
Fireplace Yes
Appliance Dishwasher, Gas Oven, Gas Range, Refrigerator, Water Heater
Laundry Common Area
Exterior
Garage Spaces 1.0
Garage Description 1.0
Fence Electric, Good Condition
Pool None
Community Features Curbs, Gutter(s), Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Water Connected
View Y/N No
View None
Roof Type Composition,Shingle
Total Parking Spaces 7
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Entry Level One,Two
Foundation Raised
Sewer Public Sewer
Water Public
Level or Stories One, Two
New Construction No
Others
Senior Community No
Tax ID 2473018004
Security Features Carbon Monoxide Detector(s),Fire Detection System,Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692