Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1965
Sq.Footage
N/A
Exceptional Investment Opportunity in Prime Burbank! Introducing a chance to own a 7-unit apartment building, NEWLY ROOFED in 2024 with a copper re-pipe in 2015, ideally situated in the bustling heart of Burbank, California. With 7,373 square feet of living space sprawled over a 10,764 square-foot lot, this two-story gem offers both location and potential, making it a must-see for savvy investors. Centrally located just minutes from the vibrant Burbank Empire Center, it provides tenants easy access to a wide range of shopping and dining options. The building comprises five spacious two-bedroom, one-bath units, and two generous three-bedroom, two-bath units. Parking includes three garage spaces and six carports, each with additional storage. A community laundry room with coin-operated machines adds tenant convenience and generates an additional income stream. With its potential for reorganization, this property offers significant upside income opportunities, perfect for those looking to expand their investment portfolio in a high-demand rental market. Don’t miss your chance to invest in this highly sought-after area.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Wall/Window Unit(s)
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Central, Wall Furnace
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
3
-
Parking
Attached Carport, Assigned, Carport, Direct Access, Garage, Garage Faces Side
-
Pool
Yes
-
Pool Features
None
-
View
None
Area & Lot
-
Lot Size(acres)
0.2471
-
Property Type
Residential Income
-
Property Sub Type
Mixed Use
-
Architectural Style
Traditional
Price
-
Sales Price
$2,150,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
NO
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Foundation Details
Slab
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Tax Lot
48
-
Water Source
Public
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Steven Sakata , RE/MAX Galaxy
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