Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

8

Building size

7,787 sqft

Lot size

7,677 sqft

Year built

1987

Stories

2

Heating

Central

Cooling

Central Air

View

None

Status

Active

Days on market

41

MLS #

247060216

About this property

Rare investment opportunity in the heart of Burbank. This well-maintained 8-unit multifamily property features an attractive unit mix of eight spacious 2-bedroom, 2-bathroom residences. The building offers approximately 7,787 square feet of living area on an approximately 7,677-square-foot lot. Each unit also benefits from a dedicated storage room, providing an opportunity for additional rental income. Additional space may offer potential for further storage, subject to buyer verification and any applicable requirements. Ideally located near major studios, employment centers, shopping, dining, and transportation, the property benefits from strong rental demand in one of the most desirable rental markets in the Los Angeles area. An excellent opportunity for an investor seeking a quality multifamily asset with additional income potential in a highly sought-after Burbank location.

Location

1544 N Edison Boulevard

Burbank, Los Angeles, CA, 91505