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