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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

$ 2,195,000

Est. payment -/mo

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Active

3805 W Heffron DR Burbank, CA 91505

2,862 SqFt

UPDATED:

10/31/2024 11:18 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,862 sqft

Price per Sqft $766

MLS Listing ID MB24133490

Construction Status Turnkey

HOA Y/N No

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 units with 3 addresses, this is the BEST DEAL for any Buyer that is looking to park their money in a safe long term sustainable City, like Burbank. Book your tour today!

Location

State CA

County Los Angeles

Area 610 - Burbank

Zoning BUR3*

Rooms

Ensuite Laundry Laundry Room

Interior

Laundry Location Laundry Room

Heating Central, Ductless

Cooling Central Air, Ductless, Dual

Fireplaces Type Living Room

Inclusions All existing appliances.

Fireplace Yes

Laundry Laundry Room

Exterior

Pool None

Community Features Mountainous, Storm Drain(s), Street Lights

Total Parking Spaces 2

Private Pool No

Building

Lot Description Front Yard

Story 1

Entry Level One

Sewer Public Sewer

Water Private

Level or Stories One

New Construction Yes

Construction Status Turnkey

Others

Senior Community No

Tax ID 2482010004

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

Listed by XIO SANDOVAL • CENTURY 21 REALTY MASTERS • 323-253-5456

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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Rick Lee

Rick Lee

3805 W Heffron DR Burbank, CA 91505

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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3805 W Heffron DR