MultiFamily For Sale
01/22/2024
FOURPLEX for sale SE VENDE (818)276-6882 LupeSotoRealtor DRE 01380599
https://www.instagram.com/reel/C2aUNbfOCg8/?igsh=MzRlODBiNWFlZA==
09/20/2023
(818)276-6882 BURBANK 12-Unit building non-rent controlled fully renovated in the Prime Burbank CA area
(1 vacant). $4,450,000 full property description link in my Bio ⬇️♾️⬇️ or visit
linktr.ee/LupeSotoRealtor
DESCRIPTION
The property boasts an incredible current cap rate of 5.25% and 13.5 GRM. Priced at only 375k/door for bungalow-style units that feel like stand-alone houses and have been mostly fully renovated with permits from top to bottom.
The property features a diverse unit mix consisting of
2 (2 beds/1 bath),
4 (1 bed/1 bath), and
6 (studio/1 bath) units.
All units are individually metered for gas and electricity, ensuring maximum efficiency in operation costs.
Large 14,200 SF lot with preliminary plans to add 4 ADUs (2 Attached & 2 Detached) to further improve the numbers to only 280k/door. Non-LA-City rent-controlled asset allowing significant 8.8% annual rent increases (5%+CPI) for future upside.
Almost all units have been completely renovated with permits and boast a high-end aesthetic with new cabinets, flooring, modern lighting, new bathrooms, stainless steel appliances, as well as major exterior capital improvements. Amenities include on-site laundry facilities as well as 6 vacant garages with the potential to be converted to 2 attached ADUs.
Prime Burbank location is just minutes away from media giants such as Warner Bros Studios, Walt Disney Studios, and Burbank Town Center Shopping Mall.
eBrochure http://www.homeswithlupe.com/multifamily-for-sale/143-N-Beachwood-Drive-Burbank-CA-91506-354820462
LupeSotoRealtor MultiFamily Specialist & Feng Shui Consultant for Residence & Business 💥🏡💥
DRE 01380599 Premier Realty Assoc
👀VIEW 👀INVENTORY 🏠
LINk in my Bio or visit ⬇️♾️⬇️ or TEXT/CALL ☎️(818)276-6882
linktr.ee/LupeSotoRealtor
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Serving AREAS Los Ángeles Burbank San Fernando Valley & nearby counties San Bernardino Riverside Orange Ventura Kern
BUY 4 UNITS, LIVE IN 1, RENT 3U, LET TENANTS help You pay the mortgage. 💥💯💥
Free consultation 💘
La consulta es gratis 🏠 Se vende -En venta BBB Bueno Bonito Barato 💥💯💥
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Los Angeles, CA
90026