200 N Lima Street,  Burbank CA, 91505 (Residential Income)

151,800 sqft
Status: NEW LISTING
MLS#: SR17257851
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Last Updated: 11/20/2017 10:49 PM
Description for 200 N Lima Street Burbank, CA 91505
200 N Lima St is an adorable triplex located directly across the street from the brand new “Talaria” Burbank Development! Along with the 241 eco-friendly luxury apartments being built, “Talaria” will be home to a brand new Whole Foods Market! These charming cottage-like units are not only neighbor to Burbank’s hottest new development project, they are also just across the way from The Burbank Studios, iHeart Radio, Warner Music Group, Warner Brothers Studios, and WeWork Burbank (the hippest startup office space in LA). Talk about a secure investment. This is an extraordinary opportunity to purchase the most incredibly located triplex in all of Burbank for a small price of $799,000. These three side-by-side units all have 1 bedroom and 1 bathroom, and are currently occupied - but thanks to the lack of rent control in Burbank, there is significant upside that can be taken advantage of right off the bat. The building features 3 driveway parking spaces and a small dog run/patio in the rear. Act fast. This will be gone in DAYS!
Price
$799,000
Los Angeles
151,800 (approx)
SR17257851
NEW LISTING
Description
200 N Lima St is an adorable triplex located directly across the street from the brand new “Talaria” Burbank Development! Along with the 241 eco-friendly luxury apartments being built, “Talaria” will be home to a brand new Whole Foods Market! These charming cottage-like units are not only neighbor to Burbank’s hottest new development project, they are also just across the way from The Burbank Studios, iHeart Radio, Warner Music Group, Warner Brothers Studios, and WeWork Burbank (the hippest startup office space in LA). Talk about a secure investment. This is an extraordinary opportunity to purchase the most incredibly located triplex in all of Burbank for a small price of $799,000. These three side-by-side units all have 1 bedroom and 1 bathroom, and are currently occupied - but thanks to the lack of rent control in Burbank, there is significant upside that can be taken advantage of right off the bat. The building features 3 driveway parking spaces and a small dog run/patio in the rear. Act fast. This will be gone in DAYS!
Listing Information
Property Type: Cluster, 1 Story
0.08 Acres 3,612 sq.ft. 151,800 (approx)
$526.35 1950
1
3 Total
Neighborhood
Room Information
No Laundry Facility
Interior Features
Window/Wall Unit
No Fireplace
Tile Counter Top
Exterior / Lot Features
3 Parking Spaces, Driveway
None
No Pool
BUR4*
Street Lights, Curbs Walk
Driving Directions
Corner of W Alameda and N Lima Across from the new Whole Foods/Cusumano Development
Financial Considerations
2483018400
$23,400 Income ,$11,461Expense
Listing Price History

Burbank Real Estate

Burbank is located in California. Burbank, California 91505 has a population of 105,319.

The median household income in Burbank, California 91505 is $66,111. The median household income for the surrounding county is $55,870 compared to the national median of $53,482. The median age of people living in Burbank 91505 is 39.1 years.

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Courtesy: Elizabeth Maddox - The 2-4 Unit Specialists
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Information is deemed reliable but is not guaranteed.

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