2542 Buena Vista StBurbank, CA 91504

Property Details for 2542 Buena Vista St

Year built

1951

Property size (Sq ft)

2,661 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional four-unit apartment building presents a compelling investment opportunity in the desirable Burbank, California market. Located at 2542 N. Buena Vista Street, this property boasts a total of 2,661 square feet on a 6,632 square foot lot (APN 2473-020-016). The building, constructed in 1951, comprises two two-bedroom units and two one-bedroom units, each enhanced by recent renovations. Improvements include a brand-new roof (2023) and all new exterior windows, significantly enhancing energy efficiency and curb appeal. Three of the four units feature remodeled kitchens, complete with updated cabinets, countertops, and sinks. Bathrooms have also undergone complete renovations. An attached garage provides convenient laundry facilities for residents. One unit is currently vacant, offering immediate potential for increased rental income. The remaining three units are currently under-market rent, presenting a significant opportunity to boost the property's overall return on investment. The property's prime location offers easy access to the 5 freeway and Burbank Airport, as well as the Empire Center and the vibrant downtown Burbank area, with its diverse selection of retail, dining, and entertainment options. This is a rare chance to acquire a well-maintained, updated multifamily property with substantial upside potential in a highly sought-after location. The asking price is $1,600,000, representing a price per unit of $400,000 and a price per square foot of $601.28. The property's strong fundamentals and location make it an ideal addition to any investment portfolio.

Location Insight

City

Burbank

County

Los Angeles

State

California

Latitude

34.2018

Longitude

-118.337

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.