The Burbank Luxury Townhomes is a Non Rent Controlled turnkey investment opportunity nestled on a quiet Cul De Sac. The property is comprised of 6 newly constructed (2008) 2 Bedroom/2.5 Bathroom two story townhouse style units that are approximately 1,200 SF each. Each unit has separate entrances and features in unit washer and dryer, stainless steel appliances, recessed lighting, crown molding, wood floors downstairs, carpeting upstairs, fireplaces, marble counters with quality fixtures and alarm systems. The bedrooms all have balconies. In addition each unit has two car subterranean parking. The front units have double door entry, while the rear units enjoy a yard. An astute investor can achieve upside in rents of 10% or more while taking advantage of new construction, individual metering, and advanced safety features that help to keep operating expenses extremely low. Perfect for a 1031 exchange buyer! Drive By Only, Do Not Disturb Tenants.
Prime Burbank location East of Victory Blvd., North of W. Alameda Ave. and South of W. Verdugo between Valencia and Elmwood on a quiet Cul De Sac. Close proximity to the 5 Freeway, Burbank Town Center, Shopping, Groceries, Griffith Park, Media Center and a plethora of employers.
Updated on March 6, 2017 at 3:32 pm
BURBANK LUXURY TOWNHOMES - 267 W. Ash Ave.
