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    416 N Shelton St

    Burbank, CA 91506
    • $3,730,000
    • STATUS: Active
    • ON SITE: 9 days
    • ID#: 20-595606
    UPDATED: 39 min ago
    $3,730,000
    • 20
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,328
      SQFT
    • $329
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1988
    County:
    Area:

    School Ratings & Info

    Description

    Ten x 2 story town house style units, with their own private entrances. Nearly every unit has 2 bedrooms and 2 bathrooms, and features an open floor plan with breakfast bar and breakfast dining area and large living room. Kitchens have dishwashers and electric stoves. One of the bedrooms has a walk-in closet, and there is a bathroom on each level. Laundry is on the lower entry level of each unit. 5 units face north and 5 units face south. RENTS ARE AT $1,625 PER MONTH, SO THERE IS A HUGE UPSIDE IN RENTAL INCOME. Underground gated garage with 24 parking bays. Close to restaurants shopping and nearby amenities. Competitively priced. Quiet and upcoming Chandler park area. Surrounded by houses. Minutes from Disney Warner Bros and Burbank Media Studios.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-10T13:42:48.207. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/107353427
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    416 N Shelton St Burbank, CA 91506

    • Price: $3,730,000
    • Status: Active
    • Updated: 39 min ago
    • ID#: 20-595606
    20
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    11,328
    SQFT
    $329
    $/SQFT
    1988
    Built
    Neighborhood:
    Burbank
    County:
    Los Angeles
    Area:
    Burbank
    Property Description
    Ten x 2 story town house style units, with their own private entrances. Nearly every unit has 2 bedrooms and 2 bathrooms, and features an open floor plan with breakfast bar and breakfast dining area and large living room. Kitchens have dishwashers and electric stoves. One of the bedrooms has a walk-in closet, and there is a bathroom on each level. Laundry is on the lower entry level of each unit. 5 units face north and 5 units face south. RENTS ARE AT $1,625 PER MONTH, SO THERE IS A HUGE UPSIDE IN RENTAL INCOME. Underground gated garage with 24 parking bays. Close to restaurants shopping and nearby amenities. Competitively priced. Quiet and upcoming Chandler park area. Surrounded by houses. Minutes from Disney Warner Bros and Burbank Media Studios.
    Exterior Features

    Covered Parking 24 Garage Structures Total 1 Lot Size Area 7862 Other Structures None Parking Garage SubterraneanSubterr Side By SideGated Underground Pool Description None Pool YN No Spa None Spa YN No Style Contemporary Total Parking 24 View Description Walk Street View YN Yes

    Interior Features

    Baths Total 18.00 Cooking Appliances Cooktop - Electric Cooling Air Conditioning Den No Dining Room No Equipment Range/OvenDishwasher Family Room No Flooring Mixed Heating Central Laundry InsideLaundry AreaLaundry Closet Stacked Rooms Breakfast AreaMaster BedroomDining AreaLiving RoomBreakfast Bar

    Property Features

    ADACompliance Yes Assessed Total Value 1746297 Entry Floor Number 1 Gross Income 16800 Gross Operating Income 198600 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Like Units5 5 Like Units6 6 Monthly Gross Income 16800.00 Net Operating Income 148950.00 Number Of Buildings 1 Number Of Units 10 Owner Pays WaterGardener Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 49464 Type Of Units Apt Water Heaters YN Yes Year Built Source Assessor Zoning Bur3*

    Listing provided courtesy of Eric Lieberman DRE#01008206 of Compass.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-07-10T13:42:48.207. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Valencia CA, 91355