Burbank (610) Homes with Quadruplex Subtype

Burbank (610) Homes with Quadruplex Subtype

Welcome to Burbank, California, a vibrant city nestled in the heart of Los Angeles County. Known for its rich entertainment history and charming neighborhoods, Burbank offers a unique blend of suburban tranquility and urban excitement. With its warm climate, beautiful parks, and a plethora of dining and shopping options, Burbank is a sought-after destination for families, professionals, and artists alike.

One of the standout features of Burbank’s real estate market is the availability of quadruplex homes. These versatile properties are perfect for investors looking to maximize their rental income or for families seeking spacious living arrangements. A quadruplex consists of four separate units, providing a unique opportunity for multi-generational living or the potential for passive income through rental opportunities.

The charm of Burbank’s quadruplex homes lies not only in their potential but also in their architectural diversity. From classic California bungalows to modern designs, these properties often feature spacious layouts, private outdoor spaces, and convenient access to local amenities. Living in a quadruplex allows residents to enjoy a sense of community while still maintaining their privacy.

Burbank is also home to top-rated schools, beautiful parks, and a strong sense of community, making it an ideal place for families to settle down. With its close proximity to major studios and entertainment hubs, residents can easily immerse themselves in the vibrant culture that defines Los Angeles.

Whether you're an investor looking for a lucrative opportunity or a family seeking a welcoming neighborhood, Burbank's quadruplex homes provide the perfect blend of comfort, convenience, and charm. Explore the possibilities and discover your dream home in this enchanting city!

Newest Burbank (610) Homes with Quadruplex Subtype

$1,595,000
SR26147163 MLS Active Status
Rare opportunity to acquire a well-maintained, fully occupied single-story four-unit investment property in the heart of Burbank. Ideally located on a quiet, low-traffic dead-end street just minutes from Interstate 5, Alameda Avenue, major studios, shopping, dining, and employment centers, this pride-of-ownership property offers stable current income and long-term upside. The property features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, all occupied by long-term month-to-month tenants. Under the same ownership for over 22 years, the property has experienced very little vacancy, reflecting its desirable location and strong rental demand. Numerous improvements include updated unit interiors, an updated sewer line, private full-size laundry sheds for the two-bedroom units, interior stackable laundry in the one-bedroom units, and a charming shared courtyard patio for tenant enjoyment. Each unit is individually metered for gas and electricity. Four detached single-car garages and a large storage shed are rented separately, providing additional income beyond the apartment rents. A spacious rear parking area offers ample off-street parking for tenants and guests. Current gross scheduled income is approximately $9,850 per month ($118,200 annually) with a projected buyer pro forma cap rate of approximately 5.7% (buyer to verify). Situated on a generous 7,748 SF lot with potential future expansion or redevelopment opportunities (buyer to verify with the City of Burbank), this is an exceptional opportunity to acquire a quality investment property in one of Burbank's most sought-after rental neighborhoods.

210 W Spazier, Burbank

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.