Est. cap rate

2.8%

Assumed rent, all units

$6,260/mo

Units

2

Price per unit

$675,000

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

3,100 sqft

Lot size

6,112 sqft

Year built

1944

Stories

2

Garage spaces

2

Heating

Central

Cooling

Central Air

Pool

None

Status

Active

Days on market

2

MLS #

247578063

About this property

Exceptional duplex opportunity in a highly desirable Burbank neighborhood. This well-maintained property is great for you to live in with family or as an investment property. The front unit has been updated and features modern finishes with move-in-ready appeal. The rear unit has been refreshed with new carpet, luxury vinyl plank flooring in several rooms, and a newly remodeled bathroom. The property is enhanced by a large front yard and a private patio for the rear unit, providing attractive outdoor living space. Conveniently located near major studios, shopping, dining, parks, and local amenities. A rare opportunity to own a versatile income-producing property in one of Burbank's most sought-after residential markets.

Location

531 N Niagara

Burbank, Los Angeles, CA, 91505