This is a rare and exciting opportunity to purchase an investment property in Magnolia Park. Wonderful views of blue Jacaranda trees on the Chandler Bike path.This well maintained and updated triplex 2514,2516,2518 W. Chandler Blvd. All units have stone countertops, tile or slate floors in the kitchen /bathrooms and hardwood… Read More flooring in bedrooms, living room and dining room and newer electrical panels. Replaced back staircase (2019). Rain gutters added. Unit 2514 -(2 Bedroom) Kitchen: Unit has maple kitchen cabinets, stainless steel stove, dishwasher. New back door to side yard. Upgraded electrical panel. Bathroom: Custom sliding glass shower doors ( installed 2018) tub/shower combo. New bathroom door. Added tile baseboards and large medicine cabinet for two people. We installed a whisper quiet exhaust fan and added canned lighting and a new fixture over the vanity. Living room: we added custom plantation shutters in the main window. Newer doubled pane windows in dining room, bedrooms, kitchen, bathroom. Replaced AC unit in the living room (2018) Newer custom blinds throughout. Upgraded electrical panel. Bedroom 1: We added a mini split heating and air / new ceiling fan and a new AC window unit in the second bedroom. New windows. Unit 2516: All new (2018) double pane windows in every room with custom blinds.Kitchen: Newer refrigerator, has a microwave oven, new faucet & disposal. Added tile back splash. Newer kitchen back door with custom blind. New light fixture over sink. New large pantry shelving unit. Bedroom: Added a multi-zone mini split heating/AC. New ceiling fan in bedroom.Bathroom: Retiled the shower, flooring and behind the sink & faucet with a built in soap dish. Added custom shower glass doors. New shower head, New sink, Replaced plumbing and drains. Added a whisper quiet exhaust fan. Refinished hard wood floors in entire apt. 2 Kohler double mirrored medicine cabinets, new mirror over toilet. Added shelving over doorway. 2518: Kitchen: Remodeled in 2020. All new custom designer kitchen. Professional layout. Beautiful yellow handmade tiles from England purchased from high end shop in Pasadena. New plumbing and drain. Added a light switch to kitchen entry with dimmer, added canned lights and new vintage style light fixture over sink. Has new sub flooring and new tile floor. New stove, refrigerator, new built-in microwave unit above stove. New ventilation system in kitchen. Bathroom: New sub flooring, New tile floor, New TOTO toilet, New JALCO Brass tub and shower fixtures. New plumbing and drain. Brass designer double sided mirror medicine cabinet. Italian plastered wall behind vintage sink. Built in vintage soap dish in wall . Sink has newer brass colored faucet to match the bathroom towel bars/ rings. Attic: newly Insulated. All units have hardwood flooring, updated electric panels/paint. Landscaping front/back w/auto sprinklers. Currently 2 units are month to month and 1 unit is on a 1 year lease. Well maintained, Triplex in highly desired Burbank location demonstrating pride of ownership. Convenient on-site "WASH" laundry room and all units include a 1 car garage and together enjoy out-door spaces. Units are occupied with long -term tenants. . Close to shopping and convenient freeway access, Close to Burbank Media Center. Burbank Studios, production companies, Disney Studios, Warner Brothers Studios, Handy Market, Magnolia Corner bar & grill, and Landmark old-school market and restaurant Monte Carlo Italian deli/ Pinocchio. Read Less
Property listed by Keller Williams Realty Los Feliz, Servando S Garza 310-259-7556
Built in 1950, Living area: 2051.0, 1 building, Building faces North, 2 stories, Levels: Two, Entry location: Ground Level w/steps, Construction Materials: Stucco
Cooling
CentralAir, HeatPump
Accessibility Features
None
Exterior Features
Patio/Porch Features: Concrete, Open, Patio
Fireplaces
None
Floors
Wood
Foundation
Raised
Garage
3 spaces
Heating
Central, HeatPump
Income
Gross Income: $93,600, Net Operating Income: $90,180
Interior Features
CeilingFans, RecessedLighting
Laundry
LaundryRoom
Lot
0.1613 acres
Parking
3 total parking spaces, DoorMulti, Driveway, Garage
Pool
None
Property
UpdatedRemodeled, ParkGreenbelt, Mountains
Roof
Composition, Shingle
Sewer
SewerTapPaid
Taxes
Parcel Number: 2478024014, Zoning: BUR3*
Windows
Blinds, DoublePaneWindows, PlantationShutters
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