Active

2415 N Lincoln Street

Burbank CA, 91504

$2,800,000


$801.14 per sqft

Active

3,495 sqft

Multi-family

Built in 1939

Listed by Al Barlas with RE/MAX MASTERS REALTY 949-231-7753

Property Overview:
Prime Location: Situated in the vibrant Burbank 91504 area, this property is conveniently close to major shopping centers and studios.
Top-Rated School District: Burbank is renowned for its excellent schools, significantly enhancing property value.
Exceptional Public Services: The area benefits from outstanding police and fire departments, ensuring a safe and secure environment.
Front House has 3 bedrooms, 2 bathrooms, Parking: Includes a 1-car covered garage and 3 additional parking spaces.
Upgraded Condition: Recently remodeled for modern living.
Climate Control: Equipped with central air and heating.
Back Units 1: 2 bedrooms, 2.5 bathrooms, features a private patio, 2 designated parking spaces, recently remodeled for modern comfort.
Climate Control: Equipped with central air and heating, back Unit 2 Second Floor 2 bedrooms, 2 bathrooms, Includes two balconies.
Parking: 2 designated parking spaces.
Upgraded Condition: Recently remodeled with modern amenities.
Climate Control: Equipped with central air and heating.
Conveniently located near schools, public transportation, shopping, and entertainment in Burbank.
Easy access to the 5 Freeway, ideal for commuters.
Investment Potential:
Lucrative Income Property: This 3-unit property is poised to generate steady rental income, especially in Burbank's high-demand market.
Recent Upgrades: All units have been Completely remodeled in 2019, making them highly attractive to tenants seeking modern living spaces.
Modern Amenities: Central air and heating in all units add significant value to the property.
This property offers strong potential for rental income and long-term appreciation due to its prime location and high-quality units. For potential investors, it's advisable to analyze the current rental market in Burbank, project potential income, and consider future value appreciation.

CV24184894

MLS ID

September 9, 2024

Listed

October 17, 2024

Updated

Map

2415 N Lincoln Street
Burbank CA, 91504

Interior Features

Total Stories

1


Interior Features

Balcony, Granite Counters, Walk-In Closet(s)


Appliances

Dishwasher, Gas Oven, Gas Range, Refrigerator, Water Heater


Laundry Description

Common Area


Floor Description

Carpet, Vinyl


Fireplace

Yes


Fireplace Description

Gas, Living Room


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.18 Acres


Lot Features

2-5 Units/Acre


Roof

Composition, Shingle


Sewer

Public Sewer

Other Property Details

Area Name

610 - Burbank


Days on Market

1


Garage

Yes


Garage Spaces

1


Parking Total

7


View

No


View Description

None


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None

Listing Contact: 909-364-8380 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/17/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/17/2024 at 1:19 PM UTC

 

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