3805 Heffron Drive, Burbank, CA 91505
  • MLS#: MB24133490 ( Triplex )
  • Street Address: 3805 Heffron Drive
  • Viewed: 1
  • Price: $2,195,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2023
  • Bldg sqft: 0
  • Days On Market: 141
  • Additional Information
  • County: LOS ANGELES
  • City: Burbank
  • Zipcode: 91505
  • Provided by: CENTURY 21 REALTY MASTERS
  • Contact: XIO XIO
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    LIKE NO OTHER: Welcome to your new income producing property: This is a 3 unit property situated in one of the most desirable neighborhoods in Burbank: Equal parts Magnolia Park and Toluca Lake. Step into immediate cash flow, the front stand alone SFR is occupied, at a rental rate of $4,200 and one of the NEWLY built rear attached units, is also occupied at $3,100, and bottom unit is now leased at $3,200. This is the ideal property for generating rental income or for a multi generational living setup. Located in a prime Burbank location, this property is near highly rated schools, parks, studios, and shopping, offering convenience and a desirable lifestyle for all residents, while enjoying immediate walking distance of essential services, Trader Joe's, Whole Foods, Vons, world class sushi, and LA staples like Sweetgreen, Lemonade, Mendocino Farms, Hank's Deli, The Original Bob's Big Boy, and Riverside's Restaurant Row. It's also a short drive or walk to nearby Hollywood studios, Warner Bros Ranch Facilities. For all commuters, the access to all major connecting freeways is just minutes away. Everywhere you turn there is growth in this area, green lawns to your left and right, & ongoing new developments. You must add this property to your portfolio at only $767 per Sq Ft, wow 3 units with 3 addresses, this is the BEST DEAL for any Buyer that is looking to park their money in a safe long term sustainable City, like Burbank. Book your tour today!
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Features
Association Fee
  1. 0.00
Building Area Total
  1. 2862.00
Commoninterest
  1. None
Common Walls
  1. 1 Common Wall
Cooling
  1. Central Air
  2. Dual
  3. Ductless
Country
  1. US
Days On Market
  1. 125
Entry Location
  1. ground level
Fireplace Features
  1. Living Room
Garage Spaces
  1. 0.00
Heating
  1. Central
  2. Ductless
Inclusions
  1. All existing appliances.
Insurance Expense
  1. 2500.00
Laundry Features
  1. Individual Room
Levels
  1. One
Lockboxtype
  1. Combo
Lot Features
  1. Front Yard
  2. Lot 6500-9999
Netoperatingincome
  1. 116610.00
Parcel Number
  1. 2482010004
Pool Features
  1. None
Postalcodeplus4
  1. 3422
Property Type
  1. Triplex
Property Condition
  1. Turnkey
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 418010528:CRM
Tenant Pays
  1. All Utilities
Totalactualrent
  1. 10500.00
Totalexpenses
  1. 3800.00
Trash Expense
  1. 300.00
Uncovered Spaces
  1. 2.00
Water Sewer Expense
  1. 1500.00
Water Source
  1. Private
Year Built
  1. 2023
Year Built Source
  1. Builder
Zoning
  1. BUR3*