1515 W Alameda AVE Burbank, CA 91506
Sale
$1,999,000
4 Units
8 Beds
4 Baths
3,044 Area(sq.ft.)
6,595 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | No | $ 2,300 | $ 2,300 | $ 2,400 |
| Unit 2 | 1 | 2 | 1 | No | $ 2,050 | $ 2,050 | $ 2,400 |
| Unit 3 | 1 | 2 | 1 | No | $ 2,195 | $ 2,195 | $ 2,400 |
| Unit 4 | 1 | 2 | 1 | No | n/a | n/a | $ 2,400 |
| 4 | 4 | 8 | 4 | $ 6,545 | $ 6,545 | $ 9,600 |
| MLS #: | GD24017490IT |
| Days On Market: | 51 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 657 |
| Price per unit: | $ 499,750 |
| Year Built: | 1944 |
Property Details
Invest in the ideal four-unit property just steps away from Walt Disney Studios and Warner Brothers Studios in the highly sought-after Burbank area. This well-maintained fourplex offers a fantastic unit mix featuring four 2-bedroom, 1-bath units. With a median household income of $91K in the vicinity, this property promises excellent demographics for your investment. Enjoy the convenience of a hassle-free investment with easy management and pride of ownership. The seller is engaged in a 1031 Exchange, including the closure of another property, making this an opportune time to secure a valuable asset. For further details, reach out to the listing agent. Kindly refrain from visiting the property or disturbing tenants. Offers are subject to inspection. Don't miss out on this prime investment opportunity!Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 26,535 |
| Net Operating Income: | $ 79,605 |
Structure
| Community Features: | Curbs, Sidewalks |
| Sewer: | Public Sewer |
| View Description: | None |
| Water: | Public |
Land & Parking
| Zoning: | BUR4* |
| Land Lease Type: | Fee |
Interior
| AC/Cooling: | Wall/Window Unit(s) |
| Fireplace Rooms: | Other, Patio |
| Laundry: | Laundry Area |
Exterior
| Pool: | No |
| Spa: | No |
Detailed Map
Schools
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Income
