The property is located in a prime area of Burbank with convenient access to freeways, entertainment, shopping & employers in the entertainment district. The improvements consist of a two-story building and a one-story building on a 5,812 square foot parcel. The property is well maintained and in good condition. Building one is 1,064 square feet and has two 1 bedroom units. Building two is 1,518 square feet and has two 2 bedroom units. There is significant upside in rental income on all units are the rents are below market. AB 1482 allows rent increases of 5% + CPI annually. Proforma rents are projected 8.6% above current.
Off market
$1,545,100
2110 W Victory Blvd, Burbank, CA 91506
6beds
0baths
2,582sqft
MultiFamily
Built in 1951
-- sqft lot
$1,545,100 Zestimate®
$598/sqft
$3,370 Estimated rent
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Estimated market value
$1,545,100