This property is a legal fourteen (14) unit apartment building located in the city of Burbank, California. All units are spacious 2-bedroom and 2-bathroom units. Each unit has one (1) parking space. This highly sought-after investment is located in a city that is self-incorporated and is not a part of the City of Los Angeles. This property contains many exterior and interior upgrades including hardwood floors, granite countertops, dual-paned windows, dual-paned sliding glass doors, new rain gutters, copper piping, new exterior paint and a new water heater. Most importantly, the tuck under parking at the rear of the building was upgraded with steel reinforcement in 2014-15. This is a well-managed property that has been given excellent care. It is close to the beautiful downtown area of Burbank and a few blocks from the proposed mega development project over the former IKEA site and the adjacent mall. There are many boutiques, restaurants, stores, theaters and the famous IKEA store. It is within walking distance to Burbank High School. This property is a well-priced investment with reasonable rents which can be raised when units become vacant and it will augment the portfolio of any investor who desires a safe and easy to rent low maintenance property. F
317 Delaware Rd., Burbank, CA 91504
Directions to here from: 155 mi
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Listed by Bekim Hasani with BH Realty
Based on information from the MLSListings MLS) as of 4/25/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
