Property Detail

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.