Active
$2,200,000
5 Units
7 Beds
6 Baths
3,700 Area(sq.ft.)
Lot: 5,376 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | No | $ 2,565 | $ 2,565 | $ 2,793 |
| Unit 2 | 1 | 2 | 2 | No | $ 2,750 | $ 2,750 | $ 2,995 |
| Unit 3 | 1 | 1 | 1 | No | $ 1,900 | $ 1,900 | $ 2,069 |
| Unit 4 | 1 | 1 | 1 | No | $ 2,050 | $ 2,050 | $ 2,232 |
| Unit 5 | 1 | 1 | 1 | No | $ 2,000 | $ 2,000 | $ 2,178 |
| 5 | 7 | 6 | $ 11,265 | $ 11,265 | $ 12,267 |
| MLS #: | GD25114572IT |
| Days On Market: | 203 |
| Listing Date: | May 16, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 595 |
| Price per unit: | $ 440,000 |
| Year Built: | 1947 |
Property Details
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 you re looking to hold, improve rents, or explore future redevelopment, this is a rare chance to own a cash-flowing asset in one of Burbank s most sought-after neighborhoods.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Gross Operating Income: | $ 136,980 |
| Total Annual Expense: | $ 13,599 |
| Net Operating Income: | $ 105,408 |
| Cap Rate: | 4.79% |
| Actual Gross Rent: | $ 11,265 |
Structure
| Community Features: | Sidewalks, Street Lights, Suburban |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | BUR4* |
| Land Lease Type: | Fee |
| Parking Garage: | Garage |
Interior
| AC/Cooling: | Wall/Window Unit(s) |
| Heating: | Central |
| Laundry: | Garage, Inside, Laundry Area |
| Laundry Equipment: | Lease |
| Laundry Income: | 600.00 |
Exterior
| Pool: | No |
Detailed Map
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