Property listed by Myunits.com Inc., Nicholas Dowell 818-859-7242
3815 W Heffron Dr
Burbank, CA 91505
$1,899,000
3815 W Heffron Dr is a rare, character-rich triplex in the heart of Burbank. Each of the three units offers a private yard or patio, creating a warm, inviting atmosphere that truly feels like home. The property has been meticulously maintained, from its painted walkway to the immaculate interiors and… Read More lush outdoor spaces. Three detached garages provide secure parking and offer incredible potential for ADU conversion—the entire footprint of each garage can be utilized, presenting a major value-add opportunity. With its charm, flexibility, and upside, this is a property that truly stands out. The building is 33% leased, giving the new owner flexibility to set market rents or move in! With a current cap rate of 4.46% and a pro forma of 5.02%, this investment has strong upside. Located minutes from Disney, Warner Bros., NBC, and Universal Studios, and nestled beside Toluca Lake, it offers unbeatable access to top restaurants, Whole Foods, boutique shopping, and Griffith Park. 3815 W Heffron Dr is a standout opportunity in one of Burbank's most desirable neighborhoods—don’t miss your chance to own this rare gem! Read Less
Listing Snapshot
Days Online
72
Last Updated
Property Type
Triplex
Lot Size
0.14 Acres
Year Built
1951
MLS Number
BB25098081
30 Days Snapshot Of 91505
$1.10M
-12%
(avg) sold price
11
-26%
homes sold
49
-42%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Refrigerator, Dryer, Washer
Building
Built in 1951, Building area total: 3,094, 1 building, Architectural style: , Attached, Common walls: OneCommonWall
Community
Sidewalks
Cooling
WallWindowUnits
Expenses
Gardener expense: $1,200, Insurance expense: $2,166, New taxes expense: $20,842, Operating expense: $25,887, Water sewer expense: $480
Fireplaces
None
Floors
Wood
Garage
3 spaces
Income
Gross income: $112,800, Net operating income: $84,657
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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