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3 Flat 5631 79th Burbank Nottingham Park Burban

City: BURBANK ZIP: 60459

Built In: 1972

Lot Size: B

Lot Dimensions: 30X125

# of Units: 3

Unit 1 Floor 1: 2 bedrooms 2 baths $0

Unit 2 Floor 2: 2 bedrooms 1 baths $750

Unit 3 Floor 2: 2 bedrooms 1 baths $700

Detailed Listing Description

Upcoming commercial area. Great opportunity to open your business and have extra income with the 2 apartments on second floor. First floor was being use as an travel agent office, extra office with bathroom, and a large room for storage. Upper level with central air and heat. Full basement unfinished. Parking in front and back of the building. Needs work being sold AS IS

Additional Property Details

Garage & Parking
  • ParkingS
  • Number of Parking Spaces3
  • Parking on SiteY
  • Parking OwnershipA
  • Parking Fee/Lease Amount0
  • Tenant Pays Unit 1A
  • Tenant Pays Unit 2A
  • Tenant Pays Unit 3A
  • Appliances Unit 1O
  • Appliances Unit 2O
  • Appliances Unit 3O
  • Grade School District111
  • Jr High/Middle School District111
  • High School District220

Comparative Data

Zip Code Comparison: 60459

Listings in this Zip Code average: 2 to 3 units, and are priced at $234,475 to $335,000
This listing is 41% more than other 3 unit listings in this zipcode.

Calculated Rents
Rental Income : Annual $17,400 Monthly $1,450
Rental Income Stabilized : Annual $26,400 Monthly $2,200
Price Units Price/Unit Cap Rate - Current GRM Cap Rate - Stabilized
Unit TypeCurrent RateStabilized RateCustom Rate
Monthly Total$1,450$2,200
Year Total$17,400$26,400
Net Operating Income$-5,953$3,047
Amount Percent Rate Amortization Principal Interest Total Debit Services Monthly Debit Services Cash Flow Principal Reduction Total Return
Mortgage $2408 $6667 $9075 $757
Total         $2,408 $6,667 $9,075   $-15,028 $2,408 $-12,620
Stabilized         $2,408 $6,667 $9,075   $-6,028 $2,408 $-3,620
Custom         $2408 $6667 $9075   $-6028 $2408 $-3620

MonthBalancePaymentPrincipalInterestEquityTotal InterestTotal Payments

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Listing Agent: Nancy Gudino
Listing Office: Nancy & Associates Realty
5425 w 79th St Burbank

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