606 E Cypress Ave, Burbank, CA 91501

Property Description

Ideally located close to Downtown Burbank in the highly sought-after neighborhood between Glenoaks Blvd and Kenneth Rd, this well maintained five-unit income property has been in the same family since it was built in 1950. Units such as these are a rare gem and present an outstanding opportunity for investors and discerning buyers. The property consists of one two-bedroom, one-bathroom unit plus four additional one-bedroom, one-bathroom units. Four of the units are attached and there is one unit that sits above the garages. The units feature wonderful hardwood flooring and charming 1950's tile in the bathrooms and kitchens. The plumbing has been upgraded to PEX pipes. Currently all the units are tenant occupied and each tenant has one enclosed garage space, accessed from the alley behind the building, (There are two, 2-car garages and one, 1-car garage). There is a separate laundry room with coin operated machines that will be included in the sale. Please note that all units are currently rented and the interior photos displayed were taken prior to the last tenant occupying the unit. Units will be sold in an as-is condition. Don't miss the chance to own this remarkable property with convenient accessibility to Burbank's highly rated schools, the Burbank studios, Burbank Town Center, parks, fine dining and entertainment centers.