Well-maintained 5-unit multifamily investment opportunity in a desirable Burbank rental corridor offering strong in-place income, attractive unit mix, and future upside potential. The property features a highly desirable mix of three 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one studio, providing broad tenant appeal and consistent occupancy. Current ownership has completed signifi
Well-maintained 5-unit multifamily investment opportunity in a desirable Burbank rental corridor offering strong in-place income, attractive unit mix, and future upside potential. The property features a highly desirable mix of three 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one studio, providing broad tenant appeal and consistent occupancy. Current ownership has completed significant capital improvements, including a soft-story seismic retrofit and reroofing of the building, helping reduce future capital expenditure concerns for the next owner. Several units have also been substantially renovated during current ownership. Additional features include individually metered gas and electric, one assigned parking space per unit, on-site laundry facilities, and a manageable five-unit footprint ideal for both private investors and 1031 exchange buyers. Conveniently located near major employment centers, transportation corridors, shopping, dining, and entertainment, this is an opportunity to acquire a stabilized Southern California asset with dependable cash flow and meaningful long-term rental upside in one of the region’s most sought-after rental markets.
CENTURY 21 Village Realty is a traditional Full Service Real Estate office that is family owned and operated. C
CENTURY 21 Village Realty is a traditional Full Service Real Estate office that is family owned and operated. CENTURY 21 Village Realty has been in the same Sierra Madre location since 1977! We opened our doors as Century 21 Max Fields in July 1977. In May of 1986, our ownership changed and re-branded to Century 21 Village Realty to better capture the essence of the Sierra Madre Village atmosphere. Under the leadership of our owners, Andy & Julie Bencosme, we strive to provide professional, reliable, and personalized service to all our clients using the latest technology and on-line marketing. Although we are located in the charming small-town atmosphere of Sierra Madre, we service the greater San Gabriel Valley and beyond, with business from Apple Valley to the Antelope Valley.
We handle Residential, Residential Income Properties (Units), Historic Homes, Newly Constructed Homes, Commercial Real Estate, Business Opportunities, Land Sales, Mobile/Manufactured Homes, 1031 Tax-Deferred Exchanges, Trust and Probate Sales and Property Management. We are part of the CENTURY 21 Global Referral Network and a Fine Homes & Estates office.
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Última actualización
Julio 6
Primera publicación
Jul 6
Referencia del anuncio
7F665D43-A121-4366-97BB-708A24BC8946
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