3815 W Heffron dr, Burbank, CA 91505
Active
$1,899,000
4%
3 Units
6 Beds
3 Baths
3,094 Area(sq.ft.)
Lot: 6,298 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 1 | No | n/a | n/a | $ 3,400 |
| Unit 2 | 1 | 2 | 1 | No | n/a | n/a | $ 3,400 |
| Unit 3 | 1 | 2 | 1 | No | $ 2,600 | $ 2,600 | $ 3,500 |
| 3 | 6 | 3 | $ 2,600 | $ 2,600 | $ 10,300 |
| MLS #: | BB25098081MR |
| Days On Market: | 276 |
| Listing Date: | May 3, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 614 |
| Price per unit: | $ 633,000 |
| Year Built: | 1951 |
Property Details
3815 W Heffron Dr is a rare, character-rich triplex in the heart of Burbank. Each of the three units offers a private yard or patio, creating a warm, inviting atmosphere that truly feels like home. The property has been meticulously maintained, from its painted walkway to the immaculate interiors and lush outdoor spaces. Three detached garages provide secure parking and offer incredible potential for ADU conversion the entire footprint of each garage can be utilized, presenting a major value-add opportunity. With its charm, flexibility, and upside, this is a property that truly stands out. The building is 33% leased, giving the new owner flexibility to set market rents or move in! With a current cap rate of 4.46% and a pro forma of 5.02%, this investment has strong upside. Located minutes from Disney, Warner Bros., NBC, and Universal Studios, and nestled beside Toluca Lake, it offers unbeatable access to top restaurants, Whole Foods, boutique shopping, and Griffith Park. 3815 W Heffron Dr is a standout opportunity in one of Burbank's most desirable neighborhoods don t miss your chance to own this rare gem!Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Gross Operating Income: | $ 110,544 |
| Total Annual Expense: | $ 26,721 |
| Net Operating Income: | $ 83,823 |
| Cap Rate: | 4.46% |
| Gross Rent Multiplier: | 16.84 |
Structure
| Community Features: | Sidewalks |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
| Parking Garage: | Garage |
Interior
| AC/Cooling: | Wall/Window Unit(s) |
| Equipment: | Dishwasher, Dryer, Dryer Included, Electric Dryer Hookup, Hookup - Electric, Inside, Refrigerator, Washer, Washer Hookup, Washer Included |
| Fireplace Rooms: | None |
| Laundry: | Dryer, Dryer Included, Electric Dryer Hookup, Hookup - Electric, Inside, Washer, Washer Hookup, Washer Included |
Exterior
| Pool: | No |
Detailed Map
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