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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,699,000

Est. payment - /mo

5,675 Sqft Lot

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR26146021

HOA Y/N No

Year Built 1937

Lot Size 5,675 Sqft

Property Sub-Type Single Family Residence

Property Description

Well-maintained 5-unit multifamily investment opportunity in a desirable Burbank rental corridor offering strong in-place income, attractive unit mix, and future upside potential. The property features a highly desirable mix of three 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one studio, providing broad tenant appeal and consistent occupancy.

Current ownership has completed significant capital improvements, including a soft-story seismic retrofit and reroofing of the building, helping reduce future capital expenditure concerns for the next owner. Several units have also been substantially renovated during current ownership.

Additional features include individually metered gas and electric, one assigned parking space per unit, on-site laundry facilities, and a manageable five-unit footprint ideal for both private investors and 1031 exchange buyers.

Conveniently located near major employment centers, transportation corridors, shopping, dining, and entertainment, this is an opportunity to acquire a stabilized Southern California asset with dependable cash flow and meaningful long-term rental upside in one of the region's most sought-after rental markets.

Location

State CA

County Los Angeles

Area 610 - Burbank

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate

Fireplaces Type None

Inclusions Stoves, washer, dryer, window AC units

Fireplace No

Appliance Disposal, Gas Oven, Gas Range, Range Hood, Tankless Water Heater, Dryer, Washer

Laundry Common Area

Exterior

Parking Features Assigned, Carport, Driveway

Carport Spaces 4

Fence Block

Pool None

Community Features Park, Storm Drain(s), Street Lights, Sidewalks

Utilities Available Electricity Available, Natural Gas Available, Sewer Connected, Water Available

View Y/N Yes

View Park/Greenbelt

Roof Type Shingle

Accessibility None

Total Parking Spaces 5

Private Pool No

Building

Lot Description Front Yard, Lawn

Faces West

Story 2

Entry Level Two

Foundation Raised, Slab

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2480018029

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Energy Description 329.0

Acceptable Financing Cash, Cash to New Loan, Conventional, Submit

Listing Terms Cash, Cash to New Loan, Conventional, Submit

Special Listing Condition Standard

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Listed by Mary Baldry Century 21 Village Realty 626-344-6410, DRE #01927691

NEARBY SCHOOL & BUSINESS

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652 N Whitnall HWY Burbank, CA 91505