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Best Burbank location on the market Generating over $10,000 per month in rents with increases in place. The two lots have five total units, three commercial and two residential. Properties 1605 and 1607 West Burbank blvd also have brand new permitted electrical meters and panels. The property 1607 West Burbank Blvd. Is a buildable lot, up to an additional 1000 sqft Building, or office with apartment above to maximize income. Buyer to verify with city. All units are currently occupied, in good condition, with excellent payment history. Let your tenants pay your bills while you build your new office space. Or simply live off the passive income while you build for greater cash flow. Property is turn key! For investors looking for greater capitalization, build and add value to your portfolio.
DAYS ON MARKET | 224 | LAST UPDATED | 8/25/2025 |
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YEAR BUILT | 1947 | COMMUNITY | 610 - Burbank |
COUNTY | Los Angeles | STATUS | Active |
PROPERTY TYPE(S) | Residential Income |
PRICE HISTORY | |
Prior to Mar 4, '25 | $2,699,900 |
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Mar 4, '25 - May 15, '25 | $2,550,000 |
May 15, '25 - Aug 25, '25 | $1,999,999 |
Aug 25, '25 - Today | $1,850,000 |
ADDITIONAL DETAILS | |
AREA | 610 - Burbank |
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LOT | 3785 sq ft |
LOT DESCRIPTION | Rectangular Lot |
PARKING | Asphalt, Paved, Private |
POOL DESCRIPTION | None |
SEWER | Public Sewer |
STORIES | 1 |
WATER | Public |
TOTAL MONTHLY PAYMENT
SATELLITE VIEW |
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