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Sold for $2,000,000 on 01/02/25
  • Listing Provided by: 

    XIO SANDOVAL DRE #01308913 323-253-5456,

    CENTURY 21 REALTY MASTERS

    $2,000,000

    3805 W Heffron Dr, Burbank, CA 91505

    --beds
    --baths
    2,862sqft
    Triplex
    Built in 2023
    -- sqft lot
    $1,934,600 Zestimate®
    $699/sqft
    $4,101 Estimated rent

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: January 13, 2025 at 06:06pm

    Listing Provided by:

    XIO SANDOVAL DRE #01308913 323-253-5456,

    CENTURY 21 REALTY MASTERS

    Bought with:

    Peter Maurice, DRE #01129738

    Rodeo Realty

    Tregg Rustad, DRE #01349144

    Rodeo Realty

    Source: CRMLS,MLS#: MB24133490MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Heating
    • Central, Ductless
    Cooling
    • Central Air, Ductless, Dual
    Appliances
    • Laundry: Laundry Room
    Features
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 2,862
    • Total interior livable area: 2,862 sqft

    Property

    Parking
    • Total spaces: 2
    • Uncovered spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: ground level
    • Pool features: None
    Lot
    • Size: 6,608 sqft
    • Features: Front Yard
    Details
    • Parcel number: 2482010004
    • Zoning: BUR3*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Condition
    • Turnkey
    • New construction: Yes
    • Year built: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Private

    Community & neighborhood

    Community
    • Community features: Mountainous, Storm Drain(s), Street Lights
    Location
    • Region: Burbank

    HOA & financial

    Other financial information
    • Total actual rent: 10500

    Other

    Other facts
    • Listing terms: Submit
    Services availability
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    Estimated market value

    $1,934,600