3805 West Heffron Drive

Burbank, CA 91505

$2,195,000
Price
8
Beds
6
Baths
2,862 Sq. Ft.
$767 / Sq. Ft.
2,862
Sq. Ft.
$767
per Sq. Ft.

Description

LIKE NO OTHER: Welcome to your new income producing property: This is a 3-unit property situated in one of the most desirable neighborhoods in Burbank: Equal parts Magnolia Park and Toluca Lake. Step into immediate cash flow, the front stand-alone SFR is occupied, at a rental rate of $4,200 and one of the NEWLY built rear attached units, is also occupied at $3,100, and bottom unit is now leased at $3,200. This is the ideal property for generating rental income or for a multi-generational living setup....LIKE NO OTHER: Welcome to your new income producing property: This is a 3-unit property situated in one of the most desirable neighborhoods in Burbank: Equal parts Magnolia Park and Toluca Lake. Step into immediate cash flow, the front stand-alone SFR is occupied, at a rental rate of $4,200 and one of the NEWLY built rear attached units, is also occupied at $3,100, and bottom unit is now leased at $3,200. This is the ideal property for generating rental income or for a multi-generational living setup. Located in a prime Burbank location, this property is near highly rated schools, parks, studios, and shopping, offering convenience and a desirable lifestyle for all residents, while enjoying immediate walking distance of essential services, Trader Joe's, Whole Foods, Vons, world class sushi, and LA staples like Sweetgreen, Lemonade, Mendocino Farms, Hank's Deli, The Original Bob's Big Boy, and Riverside's Restaurant Row. It's also a short drive or walk to nearby Hollywood studios, Warner Bros Ranch Facilities. For all commuters, the access to all major connecting freeways is just minutes away. Everywhere you turn there is growth in this area, green lawns to your left and right, & ongoing new developments. You must add this property to your portfolio at only $767 per Sq Ft, wow 3 units with 3 addresses, this is the BEST DEAL for any Buyer that is looking to park their money in a safe long term sustainable City, like Burbank. Book your tour today!
  1. Listed by XIO SANDOVAL • DRE #01308913 • Brokerage DRE #01525011 • CENTURY 21 REALTY MASTERS • 323-253-5456

Property Details for 3805 West Heffron Drive

Parking Spaces Total
2
Private Pool
No
Cooling Type
Central Forced Air
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2862
Assessor Parcel Number
2482-010-004
LISTING UPDATED: 10/31/2024 09:18 AM

Property Details for 3805 West Heffron Drive

StatusActive
MLS #MB24133490
Days on Market157
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2023
Lot Size0.15 AC / 6,608 SF
CountyLos Angeles County

Building Information for 3805 West Heffron Drive

Stories1Residences-Year Built2023Building Size-Lot Size0.15 AC / 6,608 SF

Property Information for 3805 West Heffron Drive

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $1,260,000
  • Vacancy Allowance Rate: 4
  • Gross Operating Income: $120,960
  • Net Operating Income: $116,610
Expense Details
  • Operating Expense: $0
  • Insurance Expense: $2,500
  • Trash Expense: $300
  • Water Sewer Expense: $1,500
  • Total Expenses: $3,800
Tax / Assessment Info
  • Tax Tract Number: 10141
  • Tax Census Tract: 3116.02
  • CFD/Mello-Roos Fee: $311
  • Tax Lot: 203
Community / Development
Community / Development
  • Community Features: Mountainous, Storm Drains, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: Central Air, Dual, Ductless
  • Heating Type: Central, Ductless
  • Heating: Central, Ductless
Exterior Features
  • Entry Location: ground level
  • Other Structures: Accessory Dwelling Unit
  • Property Condition: Turnkey
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard, Lot 6500-9999
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Private
  • Sewer: Public Sewer
  • Water Source: Private
Parking Info
  • Garage Spaces: 0
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $4,200
  • Unit Type Total Rent: $4,200
  • Unit Type Pro Forma: 4450
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,100
  • Unit Type Total Rent: $3,100
  • Unit Type Pro Forma: 3200
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,200
  • Unit Type Total Rent: $3,200
  • Unit Type Pro Forma: 3200
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 3805 West Heffron Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3805 West Heffron Drive

Taxable ValueLand$904,000Additions$526,000Total$1,430,000
Tax Record2024$15,906 ($1,326 / month)
Home Facts
Beds2Total Finished SqFt1,288 SqFtAbove Grade Finished SqFt1,288 SqFtStories1Lot Size6,606 SqFtStyleSingle Family ResidenceYear Built1947ZoningBUR3*CountyLOS ANGELESAPN2482-010-004

Schools near 3805 West Heffron Drive

This home is within Burbank Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
R. L. Stevenson Elementary School
PublicK to 5

Dolores Huerta Middle
Public6 to 8

John Burroughs High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3805 West Heffron Drive is a multi-family home for sale in Burbank, CA 91505. This property was listed for sale on June 28, 2024 by CENTURY 21 REALTY MASTERS, it's currently listed at $2,195,000. It has been on the market for a total of 157 days and was last sold on June 2, 2022. This listing's school district is Burbank Unified School District. Nearby schools include R. L. Stevenson Elementary School, Dolores Huerta Middle and John Burroughs High School. 3805 West Heffron Drive is a 8-bed, 6-bath, 2,862 sqft multi-family home built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CENTURY 21 REALTY MASTERS, XIO SANDOVAL, DRE #01308913

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.