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Welcome to your dream investment opportunity in Burbank! Located in a beautiful Rancho Adjacent neighborhood and within the highly rated Burbank Unified School District, this charming 8-unit apartment building is the epitome of comfort and convenience. Each unit boasts its own designated parking spot, ensuring hassle-free parking for all residents. The building features full copper plumbing and energy-efficient dual-pane windows, providing both durability and insulation. As you step onto the freshly paved asphalt driveway, you'll immediately notice the attention to detail and care put into this property. The doors on each unit have been recently updated and the newly applied stucco and fresh paint offer delightful curb appeal, while the new fascia and gutters enhance the overall aesthetic. Rest assured, the updates extend beyond the surface - the electrical system has been updated to meet modern standards. For added convenience, a community laundry facility is at the disposal of all residents, making laundry day a breeze. The front unit is a single family home comprising two bedrooms and one bathroom as well as its own water heater and laundry room. The 7-units in the back have a new commercial water heater and each unit has designated storage. Don't miss this incredible opportunity to invest in a well-maintained apartment building in the heart of Burbank, providing a comfortable and convenient living experience for tenants and passive income for you. Do not disturb tenants. Drive by Only. Inspection only with an accepted offer.
Last Updated | 6/8/2024 | Tract | Not Applicable |
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Year Built | 1962 | Community | Burbank |
Garage Spaces | 8.0 | County | Los Angeles |
Price History
Prior to Jun 8, '24 | $3,000,000 |
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Jun 8, '24 - Today | $2,800,000 |
Additional Details
AIR | Wall/Window Unit(s) |
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AIR CONDITIONING | Yes |
APPLIANCES | Gas Cooktop, Gas Range |
AREA | Burbank |
CONSTRUCTION | Copper Plumbing, Stucco |
GARAGE | Carport, Yes |
HOA DUES | 0 |
LOT | 9405 sq ft |
LOT DESCRIPTION | Sprinklers None |
PARKING | Carport |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 1 |
SUBDIVISION | Not Applicable |
VIEW DESCRIPTION | None |
WATER | Public |
ZONING | BUR4 |
Location
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