Burbank, CA 91504,2415 N Lincoln Street
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$2,800,000
Est. payment /mo
7 Beds
6 Baths
8,024 Sqft Lot
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UPDATED:

09/10/2024 05:10 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV24184894

Bedrooms 7

HOA Y/N No

Lot Size 8,024 Sqft

Property Description

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 Burbanks 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 proper
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 Burbanks 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, its advisable to analyze the current rental market in Burbank, project potential income, and consider future value appreciation.

Location

State CA

County Los Angeles

Area Burbank (91504)

Zoning Assessor

Interior

Cooling Central Forced Air

Exterior

Roof Type Composition

Building

Lot Description Curbs, Sidewalks

Story 2

Lot Size Range 7500-10889 SF

Level or Stories 1 Story

Others

Acceptable Financing Cash, Conventional

Space Rent $3,925

Listing Terms Cash, Conventional


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San Diego Regional MLS (SDMLS)
Listed by NON LISTED AGENT • RE/MAX MASTERS REALTY

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Mary Ellen Haywood

+1(619) 994-5515

Broker Associate | CA DRE#01264878

Broker Associate CA DRE#01264878

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2415 N Lincoln Street