1814 Keeler is a trophy fourplex with a bonus 5th unit. It is made up of a charming 3b/2b house in front and 4 units built in 1989 in the rear (1 non-conforming). This setup is a dream come true for an owner occupier- live in a beautiful Burbank single family home while getting the back tenants to pay the mortgage. Plus, you can enjoy the perks of owning 5 units without having to pay a 5 unit price tag! This property is priced to sell immediately at a 4.6% cap rate. You won’t find a fourplex that offers a higher return in all of Burbank. Also, due to the lack of rent control in Burbank, there is room for an ever stronger cash flow! The building features: hardwood throughout, updated kitchens and bathrooms, laundry room on site, central air and heat in the front house and carport parking. The rear units have been updated in every sense: new roof, plumbing, electrical and interiors. This fourplex + 1 non-conforming unit is high in quality and as a result is low in expenses.
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