$2,000,000
$2,195,000
8.9%For more information regarding the value of a property, please contact us for a free consultation.
3805 W Heffron DR Burbank, CA 91505
6,608 Sqft Lot
Key Details
Sold Price $2,000,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MB24133490
Sold Date 01/02/25
Construction Status Turnkey
HOA Y/N No
Year Built 2023
Lot Size 6,608 Sqft
Property Description
LIKE NO OTHER: Welcome to your new income producing property: This is a 3-unit property situated in one of the most desirable neighborhoods in Burbank: Equal parts Magnolia Park and Toluca Lake. Step into immediate cash flow, the front stand-alone SFR is occupied, at a rental rate of $4,200 and one of the NEWLY built rear attached units, is also occupied at $3,100, and bottom unit is now leased at $3,200. This is the ideal property for generating rental income or for a multi-generational living setup. Located in a prime Burbank location, this property is near highly rated schools, parks, studios, and shopping, offering convenience and a desirable lifestyle for all residents, while enjoying immediate walking distance of essential services, Trader Joe's, Whole Foods, Vons, world class sushi, and LA staples like Sweetgreen, Lemonade, Mendocino Farms, Hank's Deli, The Original Bob's Big Boy, and Riverside's Restaurant Row. It's also a short drive or walk to nearby Hollywood studios, Warner Bros Ranch Facilities. For all commuters, the access to all major connecting freeways is just minutes away. Everywhere you turn there is growth in this area, green lawns to your left and right, & ongoing new developments. You must add this property to your portfolio at only $767 per Sq Ft, wow 3 units with 3 addresses, this is the BEST DEAL for any Buyer that is looking to park their money in a safe long term sustainable City, like Burbank. Book your tour today!
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUR3*
Interior
Heating Central, Ductless
Cooling Central Air, Ductless, Dual
Fireplaces Type Living Room
Fireplace Yes
Laundry Laundry Room
Exterior
Pool None
Community Features Mountainous, Storm Drain(s), Street Lights
Total Parking Spaces 2
Private Pool No
Building
Lot Description Front Yard
Story 1
Entry Level One
Sewer Public Sewer
Water Private
Level or Stories One
New Construction Yes
Construction Status Turnkey
Others
Senior Community No
Tax ID 2482010004
Acceptable Financing Submit
Listing Terms Submit
Financing Cash
Special Listing Condition Standard
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Bought with Peter Maurice • Rodeo Realty