Impeccably maintained fourplex; Property consists of a 3 + 1 Single Family Residence with two (2) car garage. Three (3) 1 + 1 apartments with six (6) 10 X 30 garages ideal for contractor, storage or potential ADU's (please verify with City of Burbank); 4.5% cap / 17 GRM at current rents and new tax base. 5.5% cap/14% GRM at proforma rents; Conveniently located west of the 5 freeway between Alameda and Olive; Burbank schools!! Owner may finance for a qualified Buyer.
Courtesy of Avison Young – Southern CA LTD, Christopher Bonbright.
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