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428 Cedar Avenue, Burbank, California 91501

Residential Income For Sale
$1,149,000
Lot Area 0.14 Sqft
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Listing Attribution
Listing ID:
MLS GD23056528
Listed by:
Angela Julfayan · DRE
· Coldwell Banker Hallmark · 818-482-4997
Property Description

If you’re a real estate investor looking for an exciting opportunity, you won’t want to miss this one! rnTRIPLEX located in a great area above Glenoaks in Burbank. This investment property offers many desirable features.;rn FRONT UNIT #428 has 1 bd/1 bth, been recently rented for $1990 (one year lease until April of 2024). This unit has been remodeled about 2 years ago with newer floors, recessed lighting, newer kitchen cabinets, granite countertop, appliances, updated bathroom., copper plumbing. rn UNIT # 428 1/2 and UNIT # 430 have 1 Bd/1 bth each, currently occupied with long term tenants on month to month basis. Rents are lower but has great potential to be increased after May 1st. 2023. Unit # 430 is detached from front duplex and has separate access and driveway from the alley in the back. There is also great opportunity to convert the garage into an ADU. Currently one car garage being used by the owner as a storage. Tenants are using front and back driveways, one space for each tenant.rnWith all of these amazing qualities combined, it’s no surprise that this property won’t be on the market for long. Don’t miss your chance to own real estate investment in Burbank today!

Listing Attribution
Listing ID:
MLS GD23056528
Listed by:
Angela Julfayan · DRE
· Coldwell Banker Hallmark · 818-482-4997
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