Residential Income

StudioBed:

1Bath:

8,202 Sq FtLiving Area:

1951Year Built:

9,038 Sq FtLot Size:

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townhouse Description

We are proud to represent this pride of ownership 15 unit property located in Burbank. It is 13 units plus 2 non-permitted units. It consists of 2 different APNs. The property consists of two buildings, which were both constructed in 1951. Its unit mix consists of (12) one-bedroom, one-bathroom units, (1) two-bedroom unit, and (2) non-conforming units that can be legalized or turned into accessory dwelling units. The property sits on two separate assessor parcel numbers for a combined total of 17, 821 square foot lot with 100 feet of frontage; it has 8, 202 rentable square feet. The property has tremendous upside in rents, earning nearly a 6 CAP on market rents. The property features new paint, pitched roof, and 100 feet of… Full description

Property StatusActive

MLS NumberSR22144286

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