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$2,200,000
Est. payment /mo
6 Beds
5 Baths
5,376 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD25114572
Bedrooms 6
HOA Y/N No
Lot Size 5,376 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Roof replaced in 2024 with four years of prepaid maintenance included, plus brand-new flooring installed in all units this turn-key Burbank multi-family property is ready for your portfolio. This well-maintained five-unit building blends long-term stability with real upside. Featuring two updated 2-bedroom units (one with 1 bath, one with 1.5) and three 1-bedroom, 1-bath units, the property offers a strong income stream from fully occupied units four on flexible month-to-month terms and one under lease. Recent capital improvements and steady tenant demand make this a low-maintenance, high-potential investment in a prime Burbank location. Each unit includes garage parking (one rented separately for added income), with window A/C, double security doors, and professionally managed laundry services on-site. Located in the heart of Magnolia Park, tenants enjoy walking access to Warner Bros., Disney, local shops, top-rated schools, and the Chandler Bike Path a major draw for renters seeking convenience, charm, and community. Whether youre looking to hold, improve rents, or explore future redevelopment, this is a rare chance to own a cash-flowing asset in one of Burbanks most sought-after neighborhoods.
Roof replaced in 2024 with four years of prepaid maintenance included, plus brand-new flooring installed in all units this turn-key Burbank multi-family property is ready for your portfolio. This well-maintained five-unit building blends long-term stability with real upside. Featuring two updated 2-bedroom units (one with 1 bath, one with 1.5) and three 1-bedroom, 1-bath units, the property offers a strong income stream from fully occupied units four on flexible month-to-month terms and one under lease. Recent capital improvements and steady tenant demand make this a low-maintenance, high-potential investment in a prime Burbank location. Each unit includes garage parking (one rented separately for added income), with window A/C, double security doors, and professionally managed laundry services on-site. Located in the heart of Magnolia Park, tenants enjoy walking access to Warner Bros., Disney, local shops, top-rated schools, and the Chandler Bike Path a major draw for renters seeking convenience, charm, and community. Whether youre looking to hold, improve rents, or explore future redevelopment, this is a rare chance to own a cash-flowing asset in one of Burbanks most sought-after neighborhoods.
Roof replaced in 2024 with four years of prepaid maintenance included, plus brand-new flooring installed in all units this turn-key Burbank multi-family property is ready for your portfolio. This well-maintained five-unit building blends long-term stability with real upside. Featuring two updated 2-bedroom units (one with 1 bath, one with 1.5) and three 1-bedroom, 1-bath units, the property offers a strong income stream from fully occupied units four on flexible month-to-month terms and one under lease. Recent capital improvements and steady tenant demand make this a low-maintenance, high-potential investment in a prime Burbank location. Each unit includes garage parking (one rented separately for added income), with window A/C, double security doors, and professionally managed laundry services on-site. Located in the heart of Magnolia Park, tenants enjoy walking access to Warner Bros., Disney, local shops, top-rated schools, and the Chandler Bike Path a major draw for renters seeking convenience, charm, and community. Whether youre looking to hold, improve rents, or explore future redevelopment, this is a rare chance to own a cash-flowing asset in one of Burbanks most sought-after neighborhoods.
Location
State CA
County Los Angeles
Area Burbank (91506)
Zoning Assessor
Interior
Cooling Wall/Window
Building
Lot Description Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Others
Monthly Total Fees $66
Acceptable Financing Exchange
Space Rent $2,565
Listing Terms Exchange
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Listed by Seda Stepanyan • JohnHart Real Estate
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