7,457 Sqft Lot
7,457 Sqft Lot
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25065812
HOA Y/N No
Year Built 1926
Lot Size 7,457 Sqft
Property Sub-Type Single Family Residence
Property Description
Three units operate as short-term rentals with consistent AIRBNB BOOKINGS generating strong cash flow. One unit is rented to a long-term tenant at $2,700 per month, paid early every month without fail. Total gross income is APPROXIMATELY $14,000 PER MONTH, offering excellent returns for investors.
The property has SEPARATE ELECTRIC METERS for all units except the junior ADU, which shares with the main house. One shared gas and water meter. Utilities are currently paid by the owner. Located in a HIGH-DEMAND rental market close to major studios, dining, shopping, and freeways. An ideal option for investors seeking a proven, INCOME-GENERATING ASSET in one of the most desirable pockets of the valley.
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUR3*
Interior
Interior Features Open Floorplan, Recessed Lighting, All Bedrooms Down
Heating Central
Cooling Central Air
Flooring Laminate, Wood
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Microwave
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Parking Features Assigned, Private
Pool None
Community Features Street Lights, Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Sewer Tap Paid
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2444007005
Energy Description 840.0
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Standard
