Est. cap rate

2.7%

Assumed rent, all units

$10,680/mo

Units

4

Price per unit

$599,750

Est. annual NOI

$64,080

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

Quadruplex

Bedrooms

4

Building size

4,668 sqft

Lot size

7,750 sqft

Year built

1970

Stories

2

Garage spaces

6

Heating

Central

Cooling

Wall/Window Unit(s)

Pool

None

View

Mountain(s)

Status

Active

Days on market

26

MLS #

247370182

About this property

VACANT~ 4-Plex in the Heart of Burbank ~North of Glenoaks ~Near Kenneth! Property consists of (1) 2 Bed, 2 Bath Main House plus (3) 2 Bed/2Bath Rear Units and 6 Car Garage!. Building Gross 4,668 SqFt on large 7,750 SqFt Lot. Ideal blend for owner-user potential and income-generating investment. Property features a spacious main house at approximately 1,600 sq. ft. with large 2 bedrooms, 2 bathrooms plus Private Courtyard & 2-car attached garage. Behind the main house, you’ll find three units, including: • Two 2-bedroom, 2-bath units • One 2-bedroom, 1.5-bath unit. Additional amenities include an on-site laundry room and Two additional 2-car garages accessible from the rear alley. Located just minutes from Burbank’s top studios, shopping, dining, and entertainment, this multi-unit property offers both convenience and long-term value. All units separately metered for Electricity and Gas!

Location

723 E Tujunga Avenue

Burbank, Los Angeles, CA, 91501