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Listed by Steven Sakata • RE/MAX Galaxy
$ 2,150,000
Est. payment | /mo
7,373 SqFt
$ 2,150,000
Est. payment | /mo
7,373 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,373 sqft
Price per Sqft $291
MLS Listing ID CRTR25069151
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1965
Lot Size 10,764 Sqft
Property Sub-Type Other
Property Description
Exceptional Investment Opportunity in Prime Burbank! Introducing a chance to own a 7-unit apartment building, NEWLY ROOFED in 2024, ideally situated in the bustling heart of Burbank, California. With 7,373 square feet of living space sprawled over a 10,764 square-foot lot, this two-story gem offers both location and potential, making it a must-see for savvy investors. Centrally located just minutes from the vibrant Burbank Empire Center, it provides tenants easy access to a wide range of shopping and dining options. The building comprises five spacious two-bedroom, one-bath units, and two generous three-bedroom, two-bath units. Parking includes three garage spaces and six carports, each with additional storage. A community laundry room with coin-operated machines adds tenant convenience and generates an additional income stream. With its potential for reorganization, this property offers significant upside income opportunities, perfect for those looking to expand their investment portfolio in a high-demand rental market. Don’t miss your chance to invest in this highly sought-after area.
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace, Other
Cooling Central Air, Wall/Window Unit(s)
Flooring Laminate, Tile, Carpet
Fireplace No
Appliance Dryer
Laundry Community Facility, Dryer, Laundry Room, Washer
Exterior
View None
Building
Water Public
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