2215 N Fairview Street, Burbank, CA 91504

About this triplex

This triplex consists of a main 3-bedroom, 2-bathroom house in front with one car garage as well as two 1-bedroom, 1-bathroom units at the back of the property. One of the back units has two car garage and the other one car garage. The back units are updated. This is ideal for someone to live in one unit and rent the other two, or rent all three units. The main house currently rents for $2,350.00, but it could potentially be rented for $3,000.00. The impact of California AB1482 will not be much of an impact on this investment as the current tenants are on month to month basis. The property currently makes about $72,000. Tranquil shaded backyard features mature fruit trees. It’s located on a serene street near major shopping, minutes away from the Burbank airport. Stable, long term tenants in the main house and the back unit are on month to month basis, but would like to stay.

Listing description from the March 2020 sale, as reported to CRMLS.

Sale history

$1,265,000

Sold March 2020 · listed $1,295,000, orig. $1,375,000, on market October 2019 · MLS #PF19246761 · Source: CRMLS

Listing Agent: Stephen Biskup · Listing Office: Sotheby's International Realty · Contact: 626-229-0909 · Bought with: Susan Dumas · Keller Williams Beverly Hills

$1,265,000

Sold March 2020 · listed $1,295,000, orig. $1,375,000, on market October 2019 · MLS #PF19246207 · Source: CRMLS

Listing Agent: Stephen Biskup · Listing Office: Sotheby's International Realty · Contact: 626-229-0909 · Bought with: Susan Dumas · Keller Williams Beverly Hills

$1,075,000

Sold April 2018 · listed $1,175,000, on market November 2017 · MLS #BB17257569 · Source: CRMLS

Listing Agent: Debra McMeins · Listing Office: Professional Realty Company · Contact: 818-842-5068 · Bought with: Albert Jones · Mortgage Mavens

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