2250 N Fairview Street, Burbank, CA 91504

$3,195,000

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List Agent Raffi Soualian () 818-246-1099 JohnHart Real Estate; CoList ()

List Price
$3,195,000
Status
ACTIVE UNDER CONTRACT
MLS#
GD26122325
Year Built
1990
Lot Size
6,744
Lot Location
6-10 Units/Acre
Days on Market
56
Property Type
Multifamily
Property Sub Type
Mixed Use
Stories
Three Or More Levels

Property Description

Prime Burbank Multifamily Investment Opportunity! Located in one of Burbank's most desirable residential neighborhoods, this well maintained 9 unit apartment building offers approximately 5,584 square feet of living space and an attractive, diverse unit mix designed to appeal to a broad tenant base. The property consists of one studio unit, three 1 bedroom 1 bath units, four 2 bedroom 2 bath units, and one spacious 3 bedroom 2 bath unit, providing excellent rental stability and income potential. Constructed with a newer building design, the property features an attractive exterior, clean architectural lines, wide common access walkways, and a desirable layout. Many units offer bright and functional floor plans, spacious living areas, well appointed kitchens, generous bedrooms, and ample storage. Residents enjoy the convenience of 14 community parking spaces, a highly valuable amenity in today's rental market. Ideally situated near major employment centers, shopping, dining, entertainment, parks, and transportation options, this investment benefits from Burbank's strong rental demand and desirable community atmosphere. Whether you are seeking a stable income producing asset or a long term value add opportunity, this exceptional multifamily property offers the perfect combination of location, unit mix, parking, and investment potential.

Additional Information

Appliances
Dishwasher, Gas Cooktop, Gas Oven
Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
Neighborhood
Sewer
Public Sewer
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Based on information from CRISNet MLS as of . 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.