Est. cap rate

3.2%

Assumed rent, all units

$5,200/mo

Units

2

Price per unit

$490,000

Est. annual NOI

$31,200

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

Duplex

Bedrooms

2

Building size

1,952 sqft

Lot size

6,347 sqft

Year built

1948

Stories

2

Garage spaces

3

Heating

Central

Cooling

Central Air,Wall/Window Unit(s)

Pool

None

Status

Active

Days on market

69

MLS #

245504275

About this property

HUGE PRICE REDUCTION!!! This Property Qualifies For Low Interest Rate with Special Financing Available!!! FHA APPROVED!!! located in one of Burbank's most desirable neighborhoods. Rare opportunity for owner-users and investors to own this duplex with separate meters for gas and electric. The property features a spacious 2-bedroom, 2-bath owner-occupied unit with central air conditioning plus an additional wall A/C unit, and a 1-bedroom, 1-bath unit with a private patio and month-to-month tenant. Both units include indoor laundry hookups for added comfort and convenience. Interlocking concrete pavers extend throughout the entire property, complemented by an automatic driveway gate, creating exceptional curb appeal, privacy, security, and ample off-street parking. Enjoy a dedicated barbecue and entertaining area next to the detached 3-car garage with automatic opener. Ideally located near shopping, dining, parks, schools, entertainment, and major freeways. Sold in its present condition. A rare opportunity to own a versatile, income-producing property with exceptional long-term potential.

Location

1906 Jackson Street

Burbank, Los Angeles, CA, 91504