Property Detail

Description

This versatile Burbank triplex offers a fantastic opportunity with three distinct homes on one lot, each featuring dedicated parking and separate utility metering. The front unit is a spacious 3-bed, 2-bath home with its own laundry facilities, while the two rear units (both 1 bed, 1 bath) share a convenient communal laundry room. One of the rear units is currently vacant, presenting an ideal option for owner-occupiers or investors looking to maximize rental income at market rates. The front home and one rear unit are tenant-occupied, generating reliable rental income. Plus, owner-occupants may qualify for a Fannie Mae home loan with down payments as low as 5%, making this property even more appealing for first-time buyers or investors.