1120 East Ave 3 Unit Apartment Building $1,750,000 ($583,333/Unit) 2.28% Cap Rate Burbank, CA 91504

Desirable 3 Units - Above Glenoaks Blvd! Property is well known for its character and its ideal location of being at the tail end of East Avenue and spanning over to Cornell - just above Glenoaks. Fitting in perfectly among the single family home area of Burbank Hills. Close to schools, shopping, restaurants, freeway and all Burbank has to offer. Landscaping consist of flowering seasonal trees, palm trees, and grassy areas for that real well kept "homey" feeling rather than just another apartment building. 1120 and 1122 East Avenue is 2 story. Both bottom an upstairs units consist of 1 Bedroom, 1 Bath, hardwood flooring, plenty of natural light with shared grassy yard on the side of property. 406 Cornell is 1 story consisting of 2 bedrooms and 1 bath, hardwood flooring thru-out, comfortable floor plan with French door access to a private 26 foot front balcony above garages and a cement patio in rear. All units have wall heaters and window/wall A/C units, UPGRADES consist of new 3 year old fully replaced roof, replaced windows and doors, copper plumbing, kitchens have refaced cabinets. Each unit comes with a 1 car garage and parking space in front of garage on curved stone paver driveway. There is also a common coin-op laundry room plus utility sink for all tenants convenience. A true Burbank gem. Walk around property, do not disturb tenants, Offer subject to inspection. Call Debby for info.