Est. cap rate

3.7%

Assumed rent, all units

$7,320/mo

Units

3

Price per unit

$400,000

Est. annual NOI

$43,920

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Triplex

Bedrooms

3

Building size

1,658 sqft

Lot size

6,275 sqft

Year built

1919

Stories

1

Garage spaces

0

Style

Cottage

Heating

Ductless,Zoned

Cooling

Wall/Window Unit(s),Ductless,Zoned

Pool

None

Status

Active

Days on market

171

MLS #

240377500

About this property

Don’t miss this rare opportunity to own a well-located triplex in one of Burbank’s most desirable and central neighborhoods. Perfect for investors or owner-occupants. This triplex is not only centrally located but also offers the charm and character Burbank is known for. This property offers flexibility, functionality, and great potential. This versatile property features a front single-family home and two attached units in the rear with a total of 1,658 square feet of living space situated on a generous 6,275 square foot lot. Plenty of parking spaces off street - room for 4 cars. Detached Single Family Home in Front has 2 bedrooms, 1 bath and approx 874 square feet. Rear duplex contains two 1 bedroom, 1 bath units. Unit A is currently unoccupied - Could be delivered vacant at close of escrow. Or could be delivered fully occupied with Unit A to be rented at about $1600 / mo. Property currently has two solid tenants. The street has several other similar units and same Zoning BUR4* R4 (Check with the City of Burbank). Unit B was recently remodeled with new kitchen cabinets, new shower, new windows, tankless water heater, updated electrical and mini-split for heating and a/c. Unit A vacated in July and has been undergoing repairs - could be delivered vacant. Good tenants - all want to remain. Last rent increase was October 2025. Rents now $1800 for front, Unit A vacant with rent projected at $1600, and Unit B rented at $1800 - totalling $5200 / mo. Whether you're an experienced investor or just starting out, this property is a fantastic opportunity to own a piece of prime Burbank real estate. Explore the full potential that this triplex has to offer!

Location

167 W Ash

Burbank, Los Angeles, CA, 91502