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Stacy Charlton

Stacy Charlton
CalBRE License #: 01278325
RE/MAX Empower
Burbank, CA 91502

818-434-6683
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Listing 6 out of 108
$499,900 Active Under Contract

1224 Leland Way
Burbank, CA 91504

2 units | Multi Family Home
2914 sq ft lot - MLS# BB18031081
Property Photo
1/4

Description

The opportunity to buy an income property in "non-rent control" Burbank at this price does not come along often! The stock market is up again, down again these days but the rental income from this property is always reliable. This low maintenance duplex is right in the center of Burbank and consists of 2- one bedroom units, with shared laundry room. Each unit is rented for $1,000 per month, which means there's room for growth!

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active Under Contract
  • Zip Code: 91504
  • Year Built: 1950
  • Stories: One
  • Units: 2 units
  • # of Parking Spaces: 4.00
  • Acres: 2914 sq ft lot
  • Zoning: BUR3*
  • Area: 610 - Burbank
  • Average 1 Bed Area: 511
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 1022.00
  • Building Area Units: Square Feet
  • Carport Spaces: 4.00
  • Co-Listing Agent License: 01235057
  • Co-Listing Office License: 01976603
  • Common Walls: 1 Common Wall
  • Community Features: Curbs
  • Country: US
  • Direction Faces: South
  • Directions: Scott Rd & San Fernando Blvd
  • Gross Income: 24000.00
  • Gross Multiplier: 20.83
  • Gross Scheduled Income: 24000.00
  • Laundry: Yes
  • Laundry Features: Community
  • Listing Agent License: 01428311
  • Listing Office License: 01377898
  • Lot Features: Lawn
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 24000.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Parking: Yes
  • Parking Features: Carport Detached
  • Property Attached: Yes
  • Stories Total: 1
  • Total Actual Rent: 2000.00
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Belisle Realty, Inc., Myles Meeden



Stacy Charlton | 818-434-6683 | Email Me
707 S Victory Blvd - Burbank, CA 91502
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