Burbank, CA 91506 400 S Lamer Street
$1,599,999
30 more
Presented By: Vartan Markarian with Markarian Realty; MarkarianRealty@gmail.com
Beds • 5
Baths • 5
SQFT • 2,328
Garage • 2
Year Built • 1951
Home Details
Tastefully updated corner Triplex in prime Burbank! Near the Walt Disney Studios, down town Burbank, Universal Studios, Los Angeles Equestrian Center, and Saint Joseph Hospital.. Just minutes from downtown Los Angeles,Glendale Americana, Glendale Galleria, and the Rose Parade route. Great investment and/or owner occupied! Offers stand alone house 3 bed 2 bath with private yard, rented $5600/ month. The 2nd unit is 2 bed 1 bath on top floor with private side yard and downstairs 3rd unit is single or studio both rented $4250/ month. Total income $9850/ month. Additional highlights include, all units with central air and heat, copper plumbing, 2 car garage possible ADU or possible building an ADU in back yard. This super investment property will not last on this hot market!
Click the Media tab to see the Virtual tour!
Presented By: Vartan Markarian with Markarian Realty; MarkarianRealty@gmail.com
Interior Features for 400 S Lamer Street
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesSeeRemarks
Total Stories2
Other Rooms
Entry Level1
General for 400 S Lamer Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.5
Carport Y/NNo
CityBurbank
Community FeaturesCurbs
CoolingCentralAir
CountyLos Angeles
DirectionsAlameda
Electric Expense0.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense0.0
Garage Spaces2.0
Garage Y/NYes
Gross Income0.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense3500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet6679.0
Lot Size UnitsSquareFeet
MLS Area610 - Burbank
MobileHomeRemainsYNNo
Net Operating Income98200.0
New ConstructionNo
Number Of Units Total3
Operating Expense20000.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Tax Lot1
Tenant PaysAllUtilities
Trash Expense0.0
Virtual TourClick here
Virtual TourClick here
Water Sewer Expense0.0
Year Built1951
Year Built SourceAssessor
ZoningBUR4*
Exterior for 400 S Lamer Street
Building Area Total2328.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.1533
Lot Size Area6679.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking2.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Keegan Cin
Team Lead
Price
$1,599,999
MLS#GD25099500
List Date
05/12/2025
Property Type
Multi-Family
Phone
(310) 963-5595
