2415 N Lincoln ST Burbank, CA 91504
3,495 SqFt
UPDATED:
09/10/2024 01:26 PM
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
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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