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  • DESCRIPTION

    **DRIVE-BY ONLY. PLEASE DO NOT GO ONTO PROPERTY** Great 4-Unit investment property in beautiful Burbank! Current Gross Rental Income over $82,000/yr with $61k+ Net Income. Estimated Pro-Forma Income of $92k/year!! Low-maintenance and easy to manage building. Perfect for first-time or seasoned investors looking to add to their portfolio. No Rent Control in Burbank. All units are 1 bed + 1 bath (in-demand units) with three of the four units being completely remodeled with renter?s lifestyle and design in mind. Remodeled units include complete re-wiring, new kitchens with appliances (refrigerators included), LED lighting, high-end washer/dryers (gas dryers) in unit and Luxury Vinyl Plank (LVP) flooring (water-resistant/waterproof) throughout with tile floors in the bathrooms. Each unit has one dedicated garage space parking. Major building improvements include new central A/C & heat in all units, new dual-pane windows, new main electrical panel with sub-panels inside units, new garage doors with openers. Building has copper plumbing. Each unit is separately metered for gas and electricity. Water and sewer are on one meter with sewer and trash being billed to individual units and water is billed to owner. Upside potential with rents. Great location, near maj

    KEY DETAILS
    • Price:
    • $1,585,000
    • Bedrooms:
    • 4
    • Full Baths:
    • 0
    • Square Footage:
    • 2,336
    • Acreage:
    • 0.15
    • Year Built:
    • 1943
    • MLS #:
    • SR18247433
    • Street Address:
    • 1312 North Buena Vista Street
    • City:
    • Burbank
    • State:
    • CA
    • Postal Code:
    • 91505
    • County:
    • Los Angeles
    • Area:
    • Burbank
    • Listing Status:
    • For Sale - Active

    Building

    • Number Of Units:
    • 4
    • Total # Of Buildings:
    • 1
    • Total Building Square Footage:
    • 2336
    • Unit1 Bedrooms:
    • 1
    • Unit2 Bedrooms:
    • 1
    • Unit3 Bedrooms:
    • 1
    • Unit4 Bedrooms:
    • 1
    • Year Built:
    • 1943

    Business

    • Net Operating Income:
    • 61327.00

    Land

    • Approximate Lot Size Range Source:
    • Public Records
    • Conforms To Zoning:
    • Bur3*
    • Lot Features:
    • Curbs, Sidewalks, Front Yard, Lawn
    • Lot Square Footage:
    • 6532

    Listing

    • Days On Market:
    • 31
    • Excluded:
    • Tenant's Personal Property
    • Included In Sale:
    • All Appliances In Units B, C, & D (stove Ranges, Microwaves, Dishwashers (b & C), Refrigerators, And Washer/Dryers.

    Money

    • Price Per Square Foot:
    • 678.51

    Structures

    • Garage Capacity:
    • 4.0
    • Pool Description:
    • No Pool

    Systems

    • Appliances:
    • Dryer, Gas Dryer Hookup, Washer
    • Cooling System:
    • Central A/C
    • Existing Water:
    • Water District, Public
    • Heating:
    • Central Furnace

    Source

    • Listing Provided By Artin Arefian of Incity Real Estate Services (DRE#: 01806614)

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    NOTES

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