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Tera Rench

terarenchre@gmail.com +1(262) 370-7299

$1,100,000

Est. payment - /mo

6,107 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB26224882

HOA Y/N No

Year Built 1943

Lot Size 6,107 Sqft

Property Sub-Type Duplex

Property Description

Duplex with upside in Burbank's sought-after Magnolia Park neighborhood, just blocks from the shops, restaurants, and cafes of Magnolia Boulevard. Set on a 6,120 sq ft lot, each unit offers 2 bedrooms and 1 bathroom, both with hardwood floors and each with its own central HVAC. A 2-car garage provides storage for both units, a common-area laundry room with washer and dryer is on site, and a long driveway fits 3 to 4 cars, which is a real plus. Both units are occupied by good tenants who take care of the property, so you start with stable income from day one. Future improvements would be a straightforward way to maximize rent potential as units turn over. A strong fit for an investor looking for solid cash flow with room to grow in one of Burbank's most in-demand rental pockets, or an owner-occupant who wants the neighbor to help pay the mortgage. Close to the studios, Downtown Burbank, Burbank Airport, and the 5 and 134 freeways. Tenant-occupied; please do not disturb tenants. Showings by appointment with proper notice.

Location

State CA

County Los Angeles

Area 610 - Burbank

Interior

Interior Features All Bedrooms Down

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs

Utilities Available Water Connected

Total Parking Spaces 2

Private Pool No

Building

Lot Description Lawn

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 2479015016

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Boris Gutierrez Boris Gutierrez, Real Estate Broker Boris@losangelesproperties.org, DRE #01413961

NEARBY SCHOOL & BUSINESS

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