For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $2,000,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRMB24133490
Year Built 2023
Lot Size 6,608 Sqft
Property Description
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
Location
State CA
County Los Angeles
Area 610 - Burbank
Interior
Heating Central Forced Air
Cooling Central AC, Other
Laundry In Laundry Room
Exterior
Garage Spaces 2.0
Pool None
Building
Story One Story
Water Private
Others
Special Listing Condition Not Applicable
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2025 MLSListings Inc. All rights reserved.
Bought with Peter Maurice
Get More Information
- Homes For Sale in Atherton, CA
- Homes For Sale in Belmont, CA
- Homes For Sale in Brisbane, CA
- Homes For Sale in Burlingame, CA
- Homes For Sale in Campbell, CA
- Homes For Sale in Cupertino, CA
- Homes For Sale in Daly City, CA
- Homes For Sale in East Palo Alto, CA
- Homes For Sale in Foster City, CA
- Homes For Sale in Fremont, CA
- Homes For Sale in Hayward, CA
- Homes For Sale in Hillsborough, CA
- Homes For Sale in Los Altos, CA
- Homes For Sale in Los Altos Hills
- Homes For Sale in Los Gatos, CA
- Homes For Sale in Menlo Park, CA
- Homes For Sale in Millbrae, CA
- Homes For Sale in Milpitas, CA
- Homes For Sale in Monte Sereno, CA
- Homes For Sale in Mountain View, CA
- Homes For Sale in Newark, CA
- Homes For Sale in Pacifica, CA
- Homes For Sale in Palo Alto, CA
- Homes For Sale in Portola Valley, CA
- Homes For Sale in Redwood City, CA
- Homes For Sale in Redwood Shores, CA
- Homes For Sale in San Bruno, CA
- Homes For Sale in San Carlos, CA
- Homes For Sale in San Jose, CA
- Homes For Sale in San Mateo, CA
- Homes For Sale in Santa Clara, CA
- Homes For Sale in Saratoga, CA
- Homes For Sale in South San Francisco, CA
- Homes For Sale in Sunnyvale, CA
- Homes For Sale in Union City, CA
- Homes For Sale in Woodside, CA