2415 Lincoln Street, Burbank, CA 91504
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- MLS#: CV24184894 ( Triplex )
- Street Address: 2415 Lincoln Street
- Viewed: 14
- Price: $2,800,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1939
- Bldg sqft: 0
- Days On Market: 105
- Additional Information
- County: LOS ANGELES
- City: Burbank
- Zipcode: 91504
- Provided by: RE/MAX MASTERS REALTY
- Contact: Al Al
- DMCA Notice
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DescriptionProperty Overview: Prime Location: Situated in the vibrant Burbank 91504 area, this property is conveniently close to major shopping centers and studios. Top Rated School District: Burbank is renowned for its excellent schools, significantly enhancing property value. Exceptional Public Services: The area benefits from outstanding police and fire departments, ensuring a safe and secure environment. Front House has 3 bedrooms, 2 bathrooms, Parking: Includes a 1 car covered garage and 3 additional parking spaces. Upgraded Condition: Recently remodeled for modern living. Climate Control: Equipped with central air and heating. Back Units 1: 2 bedrooms, 2.5 bathrooms, features a private patio, 2 designated parking spaces, recently remodeled for modern comfort. Climate Control: Equipped with central air and heating, back Unit 2 Second Floor 2 bedrooms, 2 bathrooms, Includes two balconies. Parking: 2 designated parking spaces. Upgraded Condition: Recently remodeled with modern amenities. Climate Control: Equipped with central air and heating. Conveniently located near schools, public transportation, shopping, and entertainment in Burbank. Easy access to the 5 Freeway, ideal for commuters. Investment Potential: Lucrative Income Property: This 3 unit property is poised to generate steady rental income, especially in Burbanks high demand market. Recent Upgrades: All units have been Completely remodeled in 2019, making them highly attractive to tenants seeking modern living spaces. Modern Amenities: Central air and heating in all units add significant value to the property. This property offers strong potential for rental income and long term appreciation due to its prime location and high quality units. For potential investors, its advisable to analyze the current rental market in Burbank, project potential income, and consider future value appreciation.
Property Location and Similar Properties
Features
Appliances
- Dishwasher
- Gas Oven
- Gas Range
- Refrigerator
- Water Heater
Assessments
- Unknown
Association Fee
- 0.00
Building Area Total
- 3495.00
Commoninterest
- None
Common Walls
- 1 Common Wall
Cooling
- Central Air
Country
- US
Days On Market
- 27
Current Financing
- Conventional
Door Features
- Sliding Doors
Entry Location
- Front & Back
Exclusions
- Two refrigerators in two units not included with the sale.
Fencing
- Electric
- Good Condition
Fireplace Features
- Living Room
- Gas
Flooring
- Carpet
- Vinyl
Foundation Details
- Raised
Garage Spaces
- 1.00
Heating
- Central
Insurance Expense
- 1500.00
Interior Features
- Balcony
- Granite Counters
Laundry Features
- Common Area
Levels
- One
- Two
Lockboxtype
- None
Lot Features
- 2-5 Units/Acre
Netoperatingincome
- 110400.00
Parcel Number
- 2473018004
Pool Features
- None
Property Type
- Triplex
Road Frontage Type
- Alley
- City Street
Road Surface Type
- Alley Paved
- Paved
Roof
- Composition
- Shingle
Security Features
- Carbon Monoxide Detector(s)
- Fire and Smoke Detection System
- Smoke Detector(s)
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 422552774:CRM
Spa Features
- None
Totalexpenses
- 3300.00
Trash Expense
- 0.00
Uncovered Spaces
- 6.00
Utilities
- Electricity Connected
- Natural Gas Connected
- Water Connected
View
- None
Views
- 14
Water Source
- Public
Window Features
- Double Pane Windows
Year Built
- 1939
Year Built Source
- Assessor