1605 1607 W Burbank Boulevard
Listed by Hervi Estrada with eXp Realty of California Inc 661-537-3823
Sold

1605 1607 W Burbank Boulevard

1605 1607 W Burbank Boulevard, Burbank, CA 91506

$1,650,000

NOW LEASING

This property is now available for lease at $12,000/mo.
VIEW NOW
$1,650,000

1605 1607 W Burbank Boulevard

2,500 Sq.Ft. 3,784 Sq.Ft.

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.

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Location

1605 1607 W Burbank Boulevard, Burbank, CA 91506

Status

Sold
Anna Ambarian

Anna Ambarian

Features & Amenities

Interior

  • total bedrooms0
  • Laundry room None

Area & Lot

  • Status Sold
  • Living Area2,500 Sq.Ft.
  • Total Area2,500 Sq.Ft.
  • Lot Area3,784 Sq.Ft.
  • MLS® IDSR25029161
  • TypeMulti-Family
  • YEAR BUILT1947
  • NeighborhoodBurbank

Exterior

  • STORIES1
  • water SourcePublic
  • PoolNone
  • lot features2-5 Units/Acre, Rectangular Lot
  • parkingAsphalt, Paved, Private, One Space
  • sewerPublic Sewer

Financial

  • Sales Price$1,650,000
  • Zoning BUC3YY

Living

Luxury real estate means going above and beyond the client’s expectations. Whatever luxury means to you, we are here to help you seek it. Experience luxury with us.