Burbank (610) Homes with Quadruplex Subtype

Burbank (610) Homes with Quadruplex Subtype

Welcome to Burbank, California, a vibrant city located in Los Angeles County known for its rich entertainment history and charming neighborhoods. Burbank is a sought-after destination for those looking to live in a bustling yet cozy community.

If you are considering investing in real estate in Burbank, homes with Quadruplex subtype are a fantastic option to explore. These properties offer a unique opportunity for both homeowners and investors alike. Quadruplex homes provide multiple units within the same building, allowing for increased rental income potential or the option to live in one unit while renting out the others.

Living in a Quadruplex home in Burbank offers residents the chance to enjoy the perks of city living while still maintaining a sense of privacy and space. These properties are often situated in convenient locations, close to amenities, shopping centers, dining options, and entertainment venues.

Whether you are looking to generate rental income, house extended family members, or simply want to invest in a property with great potential, homes with Quadruplex subtype in Burbank are an excellent choice. Don't miss out on the opportunity to own a piece of real estate in this dynamic city with so much to offer.

Newest Burbank (610) Homes with Quadruplex Subtype

$1,595,000
SR26147163 MLS Active Status
Rare opportunity to acquire a well-maintained, fully occupied single-story four-unit investment property in the heart of Burbank. Ideally located on a quiet, low-traffic dead-end street just minutes from Interstate 5, Alameda Avenue, major studios, shopping, dining, and employment centers, this pride-of-ownership property offers stable current income and long-term upside. The property features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, all occupied by long-term month-to-month tenants. Under the same ownership for over 22 years, the property has experienced very little vacancy, reflecting its desirable location and strong rental demand. Numerous improvements include updated unit interiors, an updated sewer line, private full-size laundry sheds for the two-bedroom units, interior stackable laundry in the one-bedroom units, and a charming shared courtyard patio for tenant enjoyment. Each unit is individually metered for gas and electricity. Four detached single-car garages and a large storage shed are rented separately, providing additional income beyond the apartment rents. A spacious rear parking area offers ample off-street parking for tenants and guests. Current gross scheduled income is approximately $9,850 per month ($118,200 annually) with a projected buyer pro forma cap rate of approximately 5.7% (buyer to verify). Situated on a generous 7,748 SF lot with potential future expansion or redevelopment opportunities (buyer to verify with the City of Burbank), this is an exceptional opportunity to acquire a quality investment property in one of Burbank's most sought-after rental neighborhoods.

210 W Spazier, Burbank

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.