652 N Whitnall Highway, Burbank, CA 91505
- $1,699,000
- List Price
- $1,699,000
- Status
- ACTIVE
- MLS#
- AR26146021
- Year Built
- 1937
- Lot Size
- 5,675
- Acres
- 0.13
- Lot Location
- Front Yard, Lawn
- Days on Market
- 23
- Property Type
- Single Family Residential
- Property Sub Type
- Single Family Residence
- Stories
- Two Levels
Property Description
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.
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Additional Information
- Appliances
- Disposal, Gas Oven, Gas Range, Range Hood, Tankless Water Heater, Dryer, Washer
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- Park/Greenbelt
- Roof
- Shingle
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Ceiling Fan(s)
- Attached Structure
- Detached
- Number Of Units Total
- 5
- Gross Scheduled Income
- $125,220
- Operating Expense
- 38870
Listing courtesy of Listing Agent: Mary Baldry (marybaldry@gmail.com) from Listing Office: Century 21 Village Realty.
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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.