633 N Rosemary Ln - Apartments FOR SALE


Burbank, CA 91505
$2,029,000 USD
818-434-2110
633 N Rosemary Ln, Burbank, CA for Sale
$2,029,000 USD
Apartments - FOR SALE
1/7
null | 5.02% Cap Rate

633 N Rosemary Ln
Burbank, CA 91505


HIGHLIGHTS

  • Located on a desirable street in Burbank's Magnolia Park
  • Close to Verdugo Park and within walking distance to all the quaint shops, restaurants, and coffee shops on Magnolia Blvd

OVERVIEW

This unique investment property is located on a desirable street in Burbank's Magnolia Park! It is located close to Verdugo Park and within walking distance to all the quaint shops, restaurants, and coffee shops on Magnolia Blvd. You won't want to miss it! The building features (4) two bed / one bath units, (2) two-car shared garages, cute patio areas for several units, plus a large backyard area for the rear unit. All units are tenant-occupied with strong rental income, so this is a perfect opportunity for an Investor who is looking for great tenants and a great property to invest in! This is a prime real estate opportunity!

FOR SALE DETAILS

PRICE

$2,029,000 USD

PRICE/SF

$629 USD /SF

# OF UNITS

4

PRICE/UNIT

$507,250

CAP RATE

5.02%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1944

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,052 SF

ZONING

BUR3*

APN/PARCEL ID

2480-022-006

ASK ABOUT THIS PROPERTY

Bill TothBill Toth Real EstateMore Info
818-434-2110

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Bill TothBill Toth Real EstateMore Info
818-434-2110

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.