The MOST STUNNINGLY WELL MAINTAINED TRIPLEX available in Prime Burbank Hill area! ALL three units are 2+1, featuring splendid upgrades- all dual glazed energy efficient glass, new stucco, newer HVAC on 2 units, new water heaters, gorgeous landscaping, a super quiet cul-de-sac neighborhood surrounded by Burbank's 150,000+ jobs, and all major Studios and production firms nearby. Super access to Burbank Airport but no flight noise! Next to I-5, but giant sound wall, so quiet. Onsite laundry room for tenant ease, plus 3 garages (ADU upside possibly?) and additional off-street parking space. "Drool-worthy" investment, pride of ownership throughout! HUGE UPSIDE: Now laundry room earns $75 mo, but could be $135 mo with price adjustment. One garage not included in lease and can be rented for $200+ mo (other 2 run with current leases); Open parking pad can be rented to RV for $365+ mo instantly. Rents should all be increased as the terms finish: ALL VERY LOW! Proforma rents within two years if garages and pad rented, rents increased, etc (even without ADUs!) should be $8,870 mo/$106,440 yr. by calculating one turnover/new tenant. Look at this splendid LONG TERM ownership property!
MLS #
CRBB24098359
MLS Source
California Regional MLS
Buyer's Brokerage Compensation*
2.50
Appliances
Dryer, Washer
Cooling
Central Forced Air
Heating
Central Forced Air
Pool
None
Garage/Parking
Garage: 3 Car(s)
Listing Agent
Barry Burnett
Barry Burnett Realty, Inc.
License #: 00989278
Phone: (818) 842-2611
Co-Listing Agent
Stefan Doomanis
Barry Burnett Realty, Inc.
License #: 01969643
Phone: –
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 2 | 3 |
2664 N Frederic St is a Triplex in Burbank, CA 91504. This – square foot property sits on a 6,041 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,374,900 and was built in 1951.
This address can also be written as 2664 N Frederic St, Burbank, CA 91504.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of May 26, 2024. For the most current information, please contact Barry Burnett, (818) 842-2611