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Listed by Hervi Estrada • eXp Realty of California Inc
$1,850,000
Est. payment /mo
2,500 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $740
MLS Listing ID CRSR25029161
HOA Y/N No
Year Built 1947
Lot Size 3,784 Sqft
Property Sub-Type Other
Source Datashare California Regional
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
Interior
Fireplace No
Laundry No Hookups
Building
Lot Description Other
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Deeana Owens
Broker | Owner | CA BRE#CA: 02015510, GA: 295613
Broker | Owner CA BRE#CA: 02015510, GA: 295613