17 bedroom house for sale
$5,150,000 - Burbank CA 91502Burbank CA 91502
17 bedroom house for sale
- Beds: 17
- Baths: 16
- Price: $5,150,000
- :
- Area: 10,596 sqft
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Overview
We are pleased to present for the very 1st time ever, the Burbank Terrace Condos. Being offered by the original developer and owner since its inception in 2006, the property can widely be considered one of the nicest assets to be built within the city. Initially developed as condominiums, the level of construction and attention to detail is of high caliber. There is currently a $1.995M assumable loan at 3.45% This unique opportunity to obtain capital at over 50% discount from the going interest rates will significantly improve cash flow and shelter against rising inflation. For additional cashflow stream, a utility billback system can easily be incorporated as well. Boasting massive unit mixes and modern luxuries such as in-unit washer dryers, fireplaces, wet bars, gated subterranean parking, intercom controlled access, and priceless views of the Verdugo Mountains, the Terraces are With a WalkScore of 92, a Walker's Paradise tenant are within reach of all major shops, dining, and service options within the city. Across the street from the largest and most touted Burbank High School, vacancy has been and will continue to be historically nonexistent. As Burbank tenants and landlords alike wait patiently, the proposed old lkea site development which will be only steps away from the subject property is said to be a game changer and transformative almost to the likes of Americana and Glendale. This once-in-a-lifetime acquisition opportunity allows for multiple investment strategies. The asset is essentially rent control proof since the units are individually parceled for a potential condo sell-out exit strategy. Offering memorandum available upon request. For more details and to contact: https://realtyww.info/homes_burbank-d523821/for-sale_i69918981Location
Burbank CA 91502
17 bedroom house for sale
House Burbank
This House for sale is located at Burbank CA 91502. The home has 17 Bedroom and 16 Bathrooms. This 17 bedroom House in Burbank CA is for sale for $5,150,000 .
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2024-03-28, Viewed 0 times.
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The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-03-28, Viewed 0 times.
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