Bought with Wendy De Leon
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125 N Keystone ST Burbank, CA 91506
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Key Details
Sold Price $1,875,000
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 2,766 sqft
Price per Sqft $677
MLS Listing ID CRSR25141939
Bedrooms 8
Full Baths 5
Year Built 1926
Lot Size 7,459 Sqft
Property Sub-Type Single Family Home
Property Description
Turnkey 4-unit property in a prime studio-adjacent location generating approximately $14,000 PER MONTH in gross rental income. Located near Disney and Nickelodeon studios, this fully upgraded compound features a 3 bed 2 bath main home, a 1 bed 1 bath attached ADU, and two detached 2 bed 1 bath units in the rear. All units have been tastefully renovated with quartz countertops, laminate flooring, recessed lighting, double pane windows, new roofs, and modern appliances. Interiors and exteriors have been recently painted and still look GREAT. Central heat and air in all units except the junior ADU, which has a mini-split. EACH UNIT COMES WITH ASSIGNED PARKING AND A PRIVATE PATIO-ideal for pets, BBQs, or storage. Three units operate as short-term rentals with consistent AIRBNB BOOKINGS generating strong cash flow. One unit is rented to a long-term tenant at $2,700 per month, paid early every month without fail. Total gross income is APPROXIMATELY $14,000 PER MONTH, offering excellent returns for investors. The property has SEPARATE ELECTRIC METERS for all units except the junior ADU, which shares with the main house. One shared gas and water meter. Utilities are currently paid by the owner. Located in a HIGH-DEMAND rental market close to major studios, dining, shopping, and fre
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUR3*
Rooms
Kitchen Dishwasher, Microwave, Refrigerator, Oven - Gas
Interior
Heating Central Forced Air
Cooling Central AC
Flooring Laminate
Fireplaces Type None
Laundry In Laundry Room
Exterior
Parking Features Assigned Spaces, Private / Exclusive
Fence Wood
Pool None
View None
Roof Type Shingle,Composition
Building
Story One Story
Water District - Public
Others
Special Listing Condition Not Applicable
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