18620 Burbank BLD Tarzana, CA 91356

18620 Burbank Blvd. offers investors the opportunity to own a extremely well-maintained multi-family property in a highly desirable neighborhood. This 11-unit apartment building includes subterranean parking, controlled access, and offers high-quality apartment units and common areas. Tarzana is one of the most popular Los Angeles suburbs and is located in the heart of the San Fernando Valley. Surrounded by many popular markets, stores, and restaurants, the area is extremely desirable for all ages. Conveniently located near the 101 Freeway, this property is 15 miles from Beverly Hills and 21 miles from Downtown Los Angeles. The unit mix consists of ten 2 bed 2 bath units and one 1 bed 1 bath unit. More than half of the units' rents are significantly below market rent giving investors the opportunity to increase their income rather quickly by 45% or higher. Financials based on 2019 expenses.