Est. cap rate

2.4%

Assumed rent, all units

$6,260/mo

Units

2

Price per unit

$775,000

Est. annual NOI

$37,560

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

1,723 sqft

Lot size

5,922 sqft

Year built

1947

Stories

1

Garage spaces

0

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Pool

None

View

Neighborhood

Status

Active

Days on market

54

MLS #

246188007

About this property

Prime Burbank Duplex Opportunity Near the Studios! This is an exceptional opportunity to own a well-maintained duplex in the heart of Burbank, ideally located near the major studios, shopping, dining, entertainment, and everything this highly desirable city has to offer. Each tenant-occupied unit features 2 bedrooms and 1 bathroom, offering comfortable and functional living spaces with the added convenience of in-unit laundry. Both residences enjoy their own private side yard, providing valuable outdoor space rarely found in multi-unit properties. Additional features include carport parking, fresh interior and exterior paint, new fencing and a brand new roof, giving the property a clean and refreshed appearance. With both units currently tenant occupied, this is a fantastic opportunity for an investor looking to add a Burbank income property to their portfolio. Ideally situated near Warner Bros. Studios, Walt Disney Studios, Universal Studios, and other major entertainment employers, this duplex combines a highly sought-after location with long-term investment potential. Two units. One prime Burbank location. Endless possibilities.

Location

4001 W Verdugo Avenue

Burbank, Los Angeles, CA, 91505