Burbank Multi Family for Sale

Turn-Key Burbank Multi-Family Property with Prepaid Maintenance & New Flooring

Get ready to add a prime piece of real estate to your portfolio with our ready-to-go multi-family property in Burbank. With the roof replaced in 2024 and four years of prepaid maintenance, this property promises long-term stability and convenience. Each unit within this five-unit building boasts brand-new flooring, ensuring a fresh and appealing look for all tenants.

This meticulously maintained property features two updated 2-bedroom units (one with a single bath and the other with 1.5 baths) and three 1-bedroom units, each with a bathroom. Providing a strong income stream, all units are currently occupied, with four on flexible month-to-month leases and one under a fixed-term lease. The combination of recent capital improvements and high tenant demand highlights this property's potential as a low-maintenance investment with significant growth opportunities.

Located in the heart of Magnolia Park, this investment benefits from garage parking for each unit (one space is rented out separately for additional income) and includes conveniences like window A/C, double security doors, and professional laundry services on-site. The desirable location near Warner Bros., Disney, local shops, top-rated schools, and the Chandler Bike Path enhances its attractiveness to renters looking for a mix of convenience, charm, and community.

This property is not just an investment but a chance to own a piece of one of Burbank’s most sought-after neighborhoods. Whether your strategy is to hold and enjoy the cash flow, improve rents, or explore redevelopment opportunities, this multi-family property offers flexibility and significant upside potential. Don't miss out on this unique opportunity to secure a cash-flowing asset in Burbank.