$998,000
2-unit multifamily property in the highly desirable Magnolia Park neighborhood of Burbank, minutes from major film studios, the airport, hospital, schools, mall, parks, art district and much more. The property consists of two stacked 1-bedroom/1-bathroom units, each living like an individual home, featuring in-unit laundry, private outdoor areas and private garages with an additional parking spot for each unit. The property has been nurtured with upgraded interiors, a newer roof, paint, landscaping, and flooring through current ownership who has owned the property for nearly 10 years. This is a compelling opportunity in a premier central Burbank location along the Chandler bike path and is perfect for an owner occupant (VA, FHA eligible) or an investor looking for an extremely well-maintained property offering a strong entry price in a predominantly single-family neighborhood and corridor where homes average over one million dollars.
Listed by James Carter with Apartment Realty Group (ARG) (619) 222-9500
Property Type
Residential Income
Status
Active
MLS Number
260017944SD
Year Built
1948
Lot Size
2,217 sq ft
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