Teresa Garcia
Teresa Garcia, Ana Connell Real EstatePhone: (818) 219-2060
Email: [email protected]

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listing
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Single FamilyFor Sale
$5,150,000
231 E Burbank Boulevard
Burbank, CA 91502
Listed by: Levon Alexanian from Keller Williams World Media Center, (818) 239-3500
MLS: Bay East Contra Costa (BECCAR)
10,596Sq Ft
Est. Mortgage
$26,683/mo

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

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Information courtesy of Keller Williams World Media Center is subject to verification and is not guaranteed.
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