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House
·
for sale
USD 2,149,000
USD 518/sq.ft
5853 Vineland Avenue
McNeil, Burbank city San Fernando Valley CCD Los Angeles County California
· 4,144 sq.ft · House
· Parking
McNeil, Burbank city San Fernando Valley CCD Los Angeles County California · 4,144 sq.ft · House · Parking
Currently operating as a successful Airbnb with a strong rental history. Seller-provided financials reflect strong cash flow with an estimated CAP RATE of 7.51%! This is a rare newer-construction fourplex, certificate of occupancy was issued in 2023 and thoughtfully designed across two separate buildings in the heart of North Hollywood. Featuring approximately 4,270 square feet of living space on a 5,000 square foot lot, this exceptional investment opportunity offers a desirable unit mix of spacious two. And three-bedroom residences designed to meet today's rental demand. Each unit showcases contemporary finishes, open-concept living spaces, large in-unit washer and dryers, separate utility metering, and private outdoor areas, creating an attractive living experience for both short-term and long-term tenants. The gated property offers eight parking spaces and low-maintenance newer construction, providing investors with a turnkey asset and reduced future capital expenditures. Ideally lo
Currently operating as a successful Airbnb with a strong rental history. Seller-provided financials reflect strong cash flow with an estimated CAP RATE of 7.51%! This is a rare newer-construction fourplex, certificate of occupancy was issued in 2023 and thoughtfully designed across two separate buildings in the heart of North Hollywood. Featuring approximately 4,270 square feet of living space on a 5,000 square foot lot, this exceptional investment opportunity offers a desirable unit mix of spacious two. And three-bedroom residences designed to meet today's rental demand. Each unit showcases contemporary finishes, open-concept living spaces, large in-unit washer and dryers, separate utility metering, and private outdoor areas, creating an attractive living experience for both short-term and long-term tenants. The gated property offers eight parking spaces and low-maintenance newer construction, providing investors with a turnkey asset and reduced future capital expenditures. Ideally lo
USD 2,149,000