1605 Burbank blvd, Burbank, CA 91506
Active
$1,999,999
26%
5 Units
2 Beds
0 Baths
3,000 Area(sq.ft.)
Lot: 3,784 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 5 | 2 | 0 | $ 10,833 | $ 10,833 | $ 10,833 | |
| 5 | 10 | 0 | $ 54,165 | $ 54,165 | $ 54,165 |
| MLS #: | SR25029161MR |
| Days On Market: | 302 |
| Listing Date: | February 7, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 667 |
| Price per unit: | $ 400,000 |
| Year Built: | 1947 |
Property Details
Amazing opportunity in an amazing location. Situated on Burbank Blvd in the beautiful city of Burbank. This Commercial/Residential property gives you the opportunity to live where you work or enjoy living and producing income at the same time. Offering five units total; three commercial that face Burbank Blvd and 2 residential in the back spreading over 2 lots (APN's: 2438-028-005 and 2438-028-006), Along with gated parking in back. Seller will entertain properties being sold separately. 1605 is available for $1,600,000 and 1607 is available for $950,000. (Properties if sold separetaly will need a parking lease back) Located near 5 freeway, 3 minutes from Burbank mall, dining, entertainment, and only 7 minute drive to Burbank airport. This is a perfect investment to grow your portfolio.Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 1,061 |
| Net Operating Income: | $ 105,108 |
| Actual Gross Rent: | $ 130,000 |
Structure
| Community Features: | Curbs, Sidewalks, Storm Drains, Street Lights |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | BUC3YY |
| Land Lease Type: | Fee |
| Parking Garage: | Parking Space, Private |
Interior
| Laundry: | None |
Exterior
| Pool: | No |
Detailed Map
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