1224 Leland Way

    Burbank, CA 91504
    • $515,000
    • STATUS: Closed
    • ON SITE: 162 days
    • ID#: BB18031081
    Sold - 03/21/2018
    $515,000
    SOLD - 03/21/2018
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,022
      SQFT
    • $0
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    Description

    The opportunity to buy an income property in "non-rent control" Burbank at this price does not come along often! The stock market is up again, down again these days but the rental income from this property is always reliable. This low maintenance duplex is right in the center of Burbank and consists of 2- one bedroom units, with shared laundry room. Each unit is rented for $1,000 per month, which means there's room for growth!

    Sold by Darrell Belisle of Socal Life Realtors Inc..

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-22T18:27:51.383. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.themarellygroup.com/homes/80641298

    1224 Leland Way Burbank, CA 91504

    • Price: $499,900
    • Status: Closed
    • Updated: 18 min ago
    • ID#: BB18031081
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    1,022
    SQFT
    $0
    $/SQFT
    1950
    Built
    Neighborhood:
    610 - Burbank
    County:
    Los Angeles
    Area:
    610 - Burbank
    Property Description
    The opportunity to buy an income property in "non-rent control" Burbank at this price does not come along often! The stock market is up again, down again these days but the rental income from this property is always reliable. This low maintenance duplex is right in the center of Burbank and consists of 2- one bedroom units, with shared laundry room. Each unit is rented for $1,000 per month, which means there's room for growth!
    Exterior Features

    Carport Spaces 4.00 Direction Faces South Garage Spaces 0.00 Lot Features Lawn Lot Size Source Assessor Lot Size Units Square Feet Parking Features Carport Detached Parking Total 4.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area 511 Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Laundry Features Community Levels One

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Curbs Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 24000.00 Gross Multiplier 20.83 Gross Scheduled Income 24000.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 24000.00 New Taxes Expense 0.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 2 Operating Expense 0.00 Rent Control YN No Senior Community YN No Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Actual Rent 2000.00 Total Expenses 0.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Assessor Zoning Bur3*

    Listing provided courtesy of Myles Meeden of Belisle Realty,Inc. and Darrell Belisle of .


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-22T18:27:51.383. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003