Burbank CA Multi Family for Sale
$2,195,000
3805 W Heffron Drive Burbank, CA 91505
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.15 Acres
- Year built:
- 2023
- Baths:
- MLS#:
- CRMB24133490
View additional info
Courtesy: CENTURY 21 REALTY MASTERS
ADDITIONAL INFORMATION
LIKE NO OTHER: Welcome to your new income producing property: This is a 3-unit property situated in one of the most desirable neighborhoods in Burbank: Equal parts Magnolia Park and Toluca Lake. Step into immediate cash flow, the front stand-alone SFR is occupied, at a rental rate of $4,200 and one of the NEWLY built rear attached units, is also occupied at $3,100, and bottom unit is now leased at $3,200. This is the ideal property for generating rental income or for a multi-generational living setup. Located in a prime Burbank location, this property is near highly rated schools, parks, studios, and shopping, offering convenience and a desirable lifestyle for all residents, while enjoying immediate walking distance of essential services, Trader Joe's, Whole Foods, Vons, world class sushi, and LA staples like Sweetgreen, Lemonade, Mendocino Farms, Hank's Deli, The Original Bob's Big Boy, and Riverside's Restaurant Row. It's also a short drive or walk to nearby Hollywood studios, Warner Bros Ranch Facilities. For all commuters, the access to all major connecting freeways is just minutes away. Everywhere you turn there is growth in this area, green lawns to your left and right, & ongoing new developments. You must add this property to your portfolio at only $767 per Sq Ft, wow 3 un
$1,999,000
633 Rosemary Lane Burbank, CA 91505
- Type:
- Fourplex
- Sq.Ft.:
- 3,224
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.27 Acres
- Year built:
- 1944
- Baths:
- MLS#:
- SR24132670
ADDITIONAL INFORMATION
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!
$1,600,000
521 LAKE Street Unit C Burbank, CA 91502
- Type:
- Cluster
- Sq.Ft.:
- 1,725
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.15 Acres
- Year built:
- 1951
- Baths:
- 3.00
- MLS#:
- 24372275
ADDITIONAL INFORMATION
3 units total. Great opportunity to own Triplex in Burbank. Great schools, centrally located. A little TLC will go a long way for incremental income. Three units approximately 575 sq ft each. 3 units, all 1 bedroom and 1 bath. one of which is a owners unit. Prime BURBANK Location. Imagine remodel and todays market.
$1,600,000
521 S LAKE Street Burbank, CA 91502
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.15 Acres
- Year built:
- 1951
- Baths:
- MLS#:
- CL24372275
View additional info
Courtesy: Titan Heritage
ADDITIONAL INFORMATION
3 units total. Great opportunity to own Triplex in Burbank. Great schools, centrally located. A little TLC will go a long way for incremental income. Three units approximately 575 sq ft each. 3 units, all 1 bedroom and 1 bath. one of which is a owners unit. Prime BURBANK Location. Imagine remodel and todays market.
$1,950,000
1201 Verdugo Avenue Burbank, CA 91506
- Type:
- Apartment
- Sq.Ft.:
- 4,337
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1953
- Baths:
- MLS#:
- SR24052054
ADDITIONAL INFORMATION
5-unit Apartment building on an 8,304 sq/ft corner lot, located in a desirable area of Burbank. New Kitchen counters and New windows installed. Each of the 5 units has 2 bedrooms and 1 bath. Surrounded by a significant number of residential homes. Rents are significantly below market value, which create a opportunity to have significant improvement of rental income over the years. Some kitchen flooring has ceramic tile or Vinyl tile flooring. The living rooms and bedrooms have original hardwood floorings, with the exception of one unit having carpet on top of its hardwood flooring. The kitchen counters are made of ceramic tile. There are 3 garages, a 1-car garage, and two 2-car garages. ABS sewer line and copper main water line. The composition shingle roof is about 12 years old. The building is located just 1 block away from George Izay Park, which has kid's playgrounds, courts for basketball, baseball, and tennis courts. About 1 mile for access to the 5 fwy and the 101 fwy.
$2,295,000
2924 Riverside Drive Burbank, CA 91505
- Type:
- Cluster
- Sq.Ft.:
- 3,449
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.27 Acres
- Year built:
- 1939
- Baths:
- 6.00
- MLS#:
- 24347833
ADDITIONAL INFORMATION
Welcome to 2924 West Riverside Drive, Burbank, CA! This property offers a remarkable opportunity for those seeking a prime investment in the heart of Burbank. In the sought-after Rancho District, this property boasts a total of 6 units (each its own bungalow with month-to-month tenants). This 3449 square foot gem is a rare find in today's market; each unit features one bedroom and one bathroom private casita, providing comfortable, convenient, and private living spaces for tenants. The property sits on a generous lot of almost 12k sq ft lot, offering ample outdoor space. Two 2-car garages add further value to the property, presenting the potential for additional dwelling units (ADUs) or providing secure parking for tenants. Conveniently located in Burbank, residents will enjoy easy access to a wide array of amenities, entertainment, and dining options including walking distance to Disney and WB Studios, Rancho Equestrian Facilities, and the Toluca Village. The bustling city of Burbank provides a vibrant backdrop for this property, with its thriving community and proximity to major attractions. Investors and homeowners alike will be drawn to the potential of this property, whether seeking a solid rental income or the opportunity to customize the space to their liking. Don't miss out on this chance to own a piece of prime real estate in Burbank. With its desirable location, spacious lot, and potential for expansion, 2924 West Riverside Drive is an exceptional opportunity not to be missed. Schedule a viewing today and explore the possibilities that this property has to offer!
Burbank Real Estate
The median home value in Burbank, CA is $1,125,000. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Burbank, CA is $1,125,000. Approximately 40.02% of Burbank homes are owned, compared to 53.39% rented, while 6.6% are vacant. Burbank real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Burbank real estate agent to arrange a tour today!
Burbank, California has a population of 107,364. Burbank is less family-centric than the surrounding county with 30.12% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Burbank, California is $82,246. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Burbank is 39.5 years.
Burbank Weather
The average high temperature in July is 85.7 degrees, with an average low temperature in January of 45.3 degrees. The average rainfall is approximately 17.1 inches per year, with 0 inches of snow per year.