Income Property of the Year – Prime Investment Opportunity. An ideal choice for investors and first-time buyers alike! Live in one home and rent out the other- perfect for generating rental income. These two separate homes are on one large 8,871 sqft lot located in a peaceful neighborhood, just steps from the Burbank border. A true dream property in a high-demand area!
• 5618 Cartwright Ave is a 2-story home offering 3 bedrooms, 2 bathrooms, living space of 1,254 sqft. A large master suite, an open kitchen and dining area, and an attached 2-car garage.Current rent $ 2,350.00 @ month. If new tenant rent shall be increase to market rate around $ 3,700.00 @ month. Also, on #5620 Cartwright Ave, if a new tenant move in a new rent around $3,500.00. Total both $ 7,200.00.
• 5620 Cartwright Ave features 2 bedrooms, 2 bathrooms, living space of 1,154 sqft. A spacious living room, a formal dining area, a bonus room that can be used as a third bedroom, an attached 2-car garage, and a laundry area. Current rent is $ 2,000.00 @ month
• Both homes have private fenced yards, separate garages, and tons of potential — all for only $1,089,000.00. ( $ 544,500 for each Home ). Each Home Has Separate Water, Gas & Electric Meters – Tenants Pay Their Own Utilities!. Hurry ! it Won’t Last Long!.