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Listed by XIO SANDOVAL • CENTURY 21 REALTY MASTERS
$ 2,195,000
Est. payment | /mo
2,862 SqFt
$ 2,195,000
Est. payment | /mo
2,862 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,862 sqft
Price per Sqft $766
MLS Listing ID CRMB24133490
HOA Y/N No
Originating Board Datashare California Regional
Year Built 2023
Lot Size 6,608 Sqft
Property Description
LIKE NO OTHER: Welcome to your new income producing property: This is a 3-unit property situated in one of the most desirable neighborhoods in Burbank: Equal parts Magnolia Park and Toluca Lake. Step into immediate cash flow, the front stand-alone SFR is occupied, at a rental rate of $4,200 and one of the NEWLY built rear attached units, is also occupied at $3,100, and bottom unit is now leased at $3,200. This is the ideal property for generating rental income or for a multi-generational living setup. Located in a prime Burbank location, this property is near highly rated schools, parks, studios, and shopping, offering convenience and a desirable lifestyle for all residents, while enjoying immediate walking distance of essential services, Trader Joe's, Whole Foods, Vons, world class sushi, and LA staples like Sweetgreen, Lemonade, Mendocino Farms, Hank's Deli, The Original Bob's Big Boy, and Riverside's Restaurant Row. It's also a short drive or walk to nearby Hollywood studios, Warner Bros Ranch Facilities. For all commuters, the access to all major connecting freeways is just minutes away. Everywhere you turn there is growth in this area, green lawns to your left and right, & ongoing new developments. You must add this property to your portfolio at only $767 per Sq Ft, wow 3 un
Location
State CA
County Los Angeles
Interior
Heating Central
Cooling Central Air, Other
Fireplace No
Laundry Laundry Room
Building
Lot Description Front Yard
Water Private
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Melanie Peterson-Katz
Partner | Lic# 00890767