$2,800,000
For Sale

235 W Tujunga Avenue

Burbank, CA 91502
Listing OfficeCOMPASS
Browse 16 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

Welcome to your dream investment opportunity in Burbank! Located in a beautiful Rancho Adjacent neighborhood and within the highly rated Burbank Unified School District, this charming 8-unit apartment building is the epitome of comfort and convenience. Each unit boasts its own designated parking spot, ensuring hassle-free parking for all residents. The building features full copper plumbing and energy-efficient dual-pane windows, providing both durability and insulation. As you step onto the freshly paved asphalt driveway, you'll immediately notice the attention to detail and care put into this property. The doors on each unit have been recently updated and the newly applied stucco and fresh paint offer delightful curb appeal, while the new fascia and gutters enhance the overall aesthetic. Rest assured, the updates extend beyond the surface - the electrical system has been updated to meet modern standards. For added convenience, a community laundry facility is at the disposal of all residents, making laundry day a breeze. The front unit is a single family home comprising two bedrooms and one bathroom as well as its own water heater and laundry room. The 7-units in the back have a new commercial water heater and each unit has designated storage. Don't miss this incredible opportunity to invest in a well-maintained apartment building in the heart of Burbank, providing a comfortable and convenient living experience for tenants and passive income for you. Do not disturb tenants. Drive by Only. Inspection only with an accepted offer.

  • Property Details
      • Lot DescriptionSprinklersNone
    • Measurements
      • Acres0.2159
    • Parking
      • Parking Spaces8
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1962
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionNot Applicable
    • Location
      • CountyLos Angeles
  • Financial Details
      • Original List Price$3,000,000
  • Other
      • MLS #P1-17463

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00