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.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
