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Listed by Nicholas Dowell • Myunits.com Inc.
$ 1,899,000
Est. payment /mo
Price Dropped by $76K
3815 W Heffron Dr Burbank, CA 91505
3,094 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,094 sqft
Price per Sqft $613
MLS Listing ID BB-25098081
Year Built 1951
Lot Size 6,298 Sqft
Property Sub-Type Triplex
Property Description
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 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!
Location
State CA
County Los Angeles
Area 610 - Burbank
Interior
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplaces Type None
Laundry Dryer Included, Electric Dryer Hookup, Inside, Washer Hookup, Washer Included
Exterior
Parking Features Garage
Garage Spaces 3.0
Pool None
Community Features Sidewalks
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer