1138 Parish pl, Burbank, CA 91506
Active
$2,195,000
6 Units
4 Beds
4 Baths
3,120 Area(sq.ft.)
Lot: 5,565 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 3 | 1 | 1 | No | $ 1,900 | $ 5,700 | $ 2,100 |
| Unit 2 | 1 | 1 | 1 | No | $ 1,950 | $ 1,950 | $ 2,100 |
| Unit 3 | 1 | 1 | 1 | No | $ 2,300 | $ 2,300 | $ 2,300 |
| Unit 4 | 1 | 1 | 1 | No | $ 2,240 | $ 2,240 | $ 2,300 |
| 6 | 6 | 6 | $ 12,190 | $ 23,590 | $ 13,000 |
| MLS #: | GD25058577IT |
| Days On Market: | 263 |
| Listing Date: | March 18, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 704 |
| Price per unit: | $ 365,833 |
| Year Built: | 1955 |
Property Details
Prime Burbank 6-Unit Investment Opportunity Presenting a well-maintained 6-unit multifamily property in a prime Burbank rental location. The property features: 6 one-bedroom, one-bathroom units across two separate buildings Corner lot at Parish Place and Victory Boulevard Copper plumbing throughout Recently updated with partial new roof Fresh exterior paint Remodeled unit interiors On-site laundry room with washer and dryer New asphalt paving Updated electrical sub-breakers Top ranked schools Excellent location near Burbank amenities including Costco, Burbank Empire Center, major studios, Media Mall, restaurants, Burbank Library, St. Joseph Hospital, and Burbank Airport. Enjoy convenient access to the Chandler bike path, I-5 and 134 freeways, and Burbank Metro Link. Situated in "the media capital of the world," this property offers strong investment potential in a highly desirable rental market.Interested in this Listing?
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Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 35,990 |
| Net Operating Income: | $ 111,540 |
Structure
| Community Features: | Sidewalks, Street Lights |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | BUR4* |
| Land Lease Type: | Fee |
Interior
| AC/Cooling: | Wall/Window Unit(s) |
| Fireplace Rooms: | None |
| Laundry: | Community |
Exterior
| Pool: | No |
Detailed Map
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