This unique investment property is located on a desirable street in Burbank's Magnolia Park! It is located close to Verdugo Park and within walking distance to all the quaint shops, restaurants, and coffee shops on Magnolia Blvd. You won't want to miss it! The building features (4) two bed / one bath units, (2) two-car shared garages, cute patio areas for several units, plus a large backyard area for the rear unit. All units are tenant-occupied with strong rental income, so this is a perfect opportunity for an Investor who is looking for great tenants and a great property to invest in! This is a prime real estate opportunity!
The income description goes here to explain
List Price | $2,029,000 |
Property Type | Fourplex (4-units) |
Usable Sqft | Unknown |
Number of Stories | 1 stories |
Parking Spots | 4 spots |
Year Built | 1944 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 2480022006 |
MLS # | SR24132670 |
Property ID | 292430881 |
Lot Sqft | 11,717 |
Zoning | BUR3* |
Total Units | 4 |
Days on Market | 152 |
Original List Price | $2,179,000 |
Date Updated | November 22, 2024 |
Date Created | June 28, 2024 |
Unit # | Beds | Baths | Current Rent | Proforma Rent |
Unit #1 | $9,650 | $0 |
Net Income (Yr) | $ 115,800 |
Bill Toth an agent of . Lic #01023622
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT