Burbank Homes with Quadruplex Subtype

Burbank Homes with Quadruplex Subtype

Welcome to Burbank, California—a vibrant city nestled in the heart of Los Angeles County, known for its rich entertainment history and charming neighborhoods. With its picturesque tree-lined streets, Burbank offers a perfect blend of suburban tranquility and urban excitement. Home to major studios like Warner Bros. and Disney, Burbank is not just a place to live; it's a lifestyle steeped in creativity and culture. Residents enjoy easy access to a variety of parks, shopping districts, and dining options, making it an ideal environment for families, young professionals, and retirees alike.

For those seeking a unique investment opportunity or a multi-family living arrangement, Burbank's quadruplex homes are an enticing option. These properties typically feature four separate living units, making them perfect for investors looking to maximize rental income or families needing extra space for loved ones. Quadruplex homes in Burbank often boast charming architectural styles, from classic Craftsman bungalows to modern builds, providing a diverse range of options to suit various tastes.

Living in a quadruplex not only allows for communal living arrangements but also fosters a sense of community among neighbors. With Burbank's strong rental market, owning a quadruplex can be a smart financial decision, offering both stability and potential for appreciation. Whether you’re looking to invest or simply enjoy the benefits of multi-generational living, Burbank’s quadruplex homes present a unique opportunity to thrive in one of California's most desirable cities. Come explore the possibilities and find your perfect home in Burbank!

Newest Burbank Homes with Quadruplex Subtype

$1,595,000
SR26147163 MLS Active Status
Rare opportunity to acquire a well-maintained, fully occupied single-story four-unit investment property in the heart of Burbank. Ideally located on a quiet, low-traffic dead-end street just minutes from Interstate 5, Alameda Avenue, major studios, shopping, dining, and employment centers, this pride-of-ownership property offers stable current income and long-term upside. The property features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, all occupied by long-term month-to-month tenants. Under the same ownership for over 22 years, the property has experienced very little vacancy, reflecting its desirable location and strong rental demand. Numerous improvements include updated unit interiors, an updated sewer line, private full-size laundry sheds for the two-bedroom units, interior stackable laundry in the one-bedroom units, and a charming shared courtyard patio for tenant enjoyment. Each unit is individually metered for gas and electricity. Four detached single-car garages and a large storage shed are rented separately, providing additional income beyond the apartment rents. A spacious rear parking area offers ample off-street parking for tenants and guests. Current gross scheduled income is approximately $9,850 per month ($118,200 annually) with a projected buyer pro forma cap rate of approximately 5.7% (buyer to verify). Situated on a generous 7,748 SF lot with potential future expansion or redevelopment opportunities (buyer to verify with the City of Burbank), this is an exceptional opportunity to acquire a quality investment property in one of Burbank's most sought-after rental neighborhoods.

210 W Spazier, Burbank

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.