2415 N Lincoln ST Active

Burbank,CA 91504

$ 2800000

- Bed

- Bath

3495 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,495 sqft

Price per Sqft $801

MLS Listing ID CV24184894

HOA Y/N No

Year Built 1939

Lot Size 8,023 Sqft

Acres 0.1842

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 Burbank's 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, it's advisable to analyze the current rental market in Burbank, project potential income, and consider future value appreciation.

Location

State CA

County Los Angeles

Area 610 - Burbank

Rooms

Other Rooms Kitchen,Living Room,Walk-In Closet

Interior

Interior Features Balcony,Granite Counters

Heating Central

Cooling Central Air

Flooring Carpet,Vinyl

Fireplaces Type Living Room,Gas

Fireplace Yes

Appliance Dishwasher,Gas Oven,Gas Range,Refrigerator,Water Heater

Laundry Common Area

Exterior

Garage Spaces 1.0

Fence Electric,Good Condition

Pool None

Community Features Curbs,Gutters,Sidewalks,Street Lights

Utilities Available Electricity Connected,Natural Gas Connected,Water Connected

View None

Roof Type Composition,Shingle

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Foundation Raised

Sewer Public Sewer

Water Public

Level or Stories One,Two

New Construction No

Others

Senior Community No

Security Features Carbon Monoxide Detector(s),Fire and Smoke Detection System,Smoke Detector(s)

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard

Confidential INFO

TERMS Cash,Cash To New Loan,Conventional

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

PRIVATE REMARKS Call Agent for appointment

SHOW CONTACT TYPE Agent

SHOW INSTRUCTIONS Call Agent

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