1605 1607 W Burbank BLVD Pending Save Request In-Person Tour Request Virtual Tour
Burbank,CA 91506
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
MLS Listing ID SR25029161
Year Built 1947
Lot Size 3,785 Sqft
Property Sub-Type Mixed Use
Property Description
Best Burbank location on the market
Generating over $10,000 per month in rents with increases in place. The two lots have five total units, three commercial and two residential. Properties 1605 and 1607 West Burbank blvd also have brand new permitted electrical meters and panels. The property 1607 West Burbank Blvd. Is a buildable lot, up to an additional 1000 sqft Building, or office with apartment above to maximize income. Buyer to verify with city.
All units are currently occupied, in good condition, with excellent payment history. Let your tenants pay your bills while you build your new office space. Or simply live off the passive income while you build for greater cash flow.
Property is turn key!
For investors looking for greater capitalization, build and add value to your portfolio.
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUC3YY
Interior
Laundry None
Exterior
Parking Features Asphalt,Paved,Private,One Space
Pool None
Community Features Curbs,Storm Drain(s),Street Lights,Sidewalks
Building
Lot Description 2-5 Units/Acre,Rectangular Lot
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,Conventional,Lease Option,Owner Will Carry,Owner May Carry,Submit
Listing Terms Cash,Cash to New Loan,Conventional,Lease Option,Owner Will Carry,Owner May Carry,Submit
Special Listing Condition Standard