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1484 N Clybourn Ave 2 Unit Apartment Building $1,398,000 ($699,000/Unit) Burbank, CA 91505
EXECUTIVE SUMMARY
Charming and Remodeled 3-Bedroom, 2-Bathroom Home with ADU!** Welcome to this beautifully remodeled home, offering the perfect blend of comfort and modern amenities. This 3-bedroom, 2-bathroom residence has been thoughtfully updated with a brand-new kitchen, stunning new flooring, and stylishly renovated bathrooms. Enjoy the comfort of central air and heat, ensuring year-round comfort. Step outside to discover a private ADU located at the rear of the property. This two-bedroom, one-bathroom space features its own garage, providing both privacy and convenience for guests or rental potential. Don't miss the opportunity to own this turnkey property with endless possibilities!
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$81,600
|
$42.68
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$81,600
|
$42.68
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$2,100
|
$1.10
|
| Net Operating Income |
$79,500
|
$41.58
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $81,600 |
| Annual Per SF | $42.68 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $81,600 |
| Annual Per SF | $42.68 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $2,100 |
| Annual Per SF | $1.10 |
| Net Operating Income | |
|---|---|
| Annual | $79,500 |
| Annual Per SF | $41.58 |
PROPERTY FACTS
| Price | $1,398,000 | Building Class | C |
| Price Per Unit | $699,000 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 1,912 SF |
| No. Units | 2 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 1941/2021 |
| Apartment Style | Low-Rise | ||
| Zoning | BUR1YY - Residential | ||
| Price | $1,398,000 |
| Price Per Unit | $699,000 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 1,912 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1941/2021 |
| Zoning | BUR1YY - Residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 1 | $4,100 | - |
| 2+1 | 1 | $2,700 | - |
1 1
Walk Score®
Very Walkable (74)
Bike Score®
Very Bikeable (72)
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1484 N Clybourn Ave
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