
Deal numbers
- Est. cap rate
- 5.0%
- Assumed rent, all units
- $12,520/mo
- Units
- 4
- Price per unit
- $375,000
- Est. annual NOI
- $75,120
- 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.
- Effective gross income
- $142,728
- Operating expenses
- $71,364
- Net operating income
- $71,364
- Annual debt service
- $89,816
- Annual cash flow
- -$18,452
- Cash on cash return
- -4.9%
- Down payment
- $375,000
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
- Quadruplex
- Bedrooms
- 5
- Building size
- 3,388 sqft
- Lot size
- 6,533 sqft
- Year built
- 1947
- Stories
- 1
- Garage spaces
- 4
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- Status
- Active
- Days on market
- 55
- MLS #
- 246392911
About this property
Burbank 4-Unit Residential Income Property | 6 Beds | 4 Baths Excellent opportunity to own a well-located residential income property in Burbank. This approximately 3,388 SF four-unit property features a desirable mix of units totaling 6 bedrooms and 4 bathrooms, with an attached garage providing 4 total parking spaces. The property consists of four residential units, including two 1-bedroom/1-bath units and two 2-bedroom units, offering a versatile unit mix. An additional office space with a bathroom and shower provides added flexibility and potential for a variety of uses. The property also includes a dedicated laundry room equipped with one washer and one dryer for resident convenience. The well-maintained layout and functional unit configurations make this an attractive opportunity for investors seeking a multifamily property in a desirable Burbank location. Conveniently situated near shopping, dining, schools, transportation, and major freeways, this property offers accessibility and long-term potential. Property will be sold AS IS. Buyer to independently verify all information, including square footage, unit configuration, permits, zoning, and parking.
Location
600 N Maple Street
Burbank, Los Angeles, CA, 91505