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2415 N Lincoln Street

Burbank, CA 91504
  • $2,800,000
  • STATUS: ACTIVE
  • ON SITE: 23 Days
  • ID#: CV24184894
UPDATED: 76 min ago
$2,800,000
  • 7
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

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 Burbanks 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 proper 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 Burbanks 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, its advisable to analyze the current rental market in Burbank, project potential income, and consider future value appreciation.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.redtreerealty.com/homes/154965997
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2415 N Lincoln Street Burbank, CA 91504

  • Price: $2,800,000
  • Status: ACTIVE
  • On Site: 23 Days
  • Updated: 76 min ago
  • ID#: CV24184894
7
Beds
0
Baths
0
½ Baths
0.18
Acres
Neighborhood:
Burbank (91504)
County:
Los Angeles
Area:
Burbank (91504)
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 Burbanks 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 proper 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 Burbanks 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, its advisable to analyze the current rental market in Burbank, project potential income, and consider future value appreciation.
Exterior Features

Pool N/K Roof Composition Site CurbsSidewalks Spa N/K

Interior Features

Cooling Central Forced Air Stories 1 Story Total Baths Unit1 2 Total Baths Unit2 2 Total Baths Unit3 2

Property Features

Annual Expense Actual 3300 Buildings 2 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 113700 Home Owners Fees 0.0 Possession Close of Escrow Terms CashConventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 3925.0 Unit2 Rent Actual 2750.0 Unit3 Rent Actual 2800.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Non Listed Agent of RE/MAX MASTERS REALTY: . Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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Red Tree Realty
4138 Napier St.
San Diego CA, 92110