The property is located in a prime area of Burbank with convenient access to freeways, entertainment, shopping & employers in the entertainment district. The improvements consist of a two-story building and a one-story building on a 5,812 square foot parcel. The property is well maintained and in good condition. Building one is 1,064 square feet and has two 1 bedroom units. Building two is 1,518 square feet and has two 2 bedroom units. There is significant upside in rental income on all units are the rents are below market. AB 1482 allows rent increases of 5% + CPI annually. Proforma rents are projected 8.6% above current.
This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.
