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10970 Sherman Way, Burbank, CA 91505

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$450,000
10970 Sherman Way
Burbank, CA 91505
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Property Highlights

Great business opportunity to acquire a wellestablished business Dollar Discount store for sale includes over 200000 of inventory at wholesale value retail valued over 350000 worth of inventory Located on Sherman Way and Sunland in a high traffic shopping mall adjacent to Burbank Airport in Burbank bordering North Hollywood Plaza del Sol mall has over 20 stores including Vallarta Supermarkets Starbucks MetroPCS Pollo Campero and other great businesses with access to plenty of parking The 3000sqf store can produce up to 40000 in monthly sales The business has shown consistent annual revenues reflecting strong market demand and profitability All financial records are available for review This is an attractive investment opportunity for those looking to expand their business portfolio with a wellestablished and profitable discount store This location offers endless possibilities for your store business including discount store hobby store lotto money transfer clothing stores and more

Property Features

Property Management Analysis for 10970 Sherman Way*

Are you looking for an investment property? Wondering what a property like this might rent for in this market? Here is an estimate of what this property will rent for per month.
Are you searching for an investment property that matches your financial objectives? Interested in the possible rental income it could produce in the current market? Through proficient property management, we have estimated the monthly rental revenue for this property.
We estimate that this property will rent for about $1,781 per month.*
This valuable information will assist you in making informed decisions about your property investments. Property Management involves the daily oversight of residential, commercial, or industrial real estate by a third-party company. Property managers play a crucial role in maintaining the value of the property while generating income. It’s essential to understand your property management responsibilities when considering an investment property. By hiring us as the best property management company, we can help you maximize your real estate investment.
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Property Services
$1,500
Low
$1,781
Estimate
$1,988
High
*Rental estimate is automatically generated and may not be representative of actual performance. Access the latest real estate market trends and more here: https://erabrokers.com/research
It is important to conduct thorough market research, property inspection, and evaluation of potential expenses and risks before investing in any property. Real estate investments carry inherent risks, and it is essential to consult with professionals such as real estate agents, property managers, and financial advisors to make informed decisions. This estimate is a starting point in determining the monthly rental price for a specific property. Rental restrictions may apply for this home. It is the buyer's obligation to verify rental availability and details.
The rental real estate market outlook for 91505 appears to be promising. Located in Burbank, California, this area is known for its thriving entertainment industry and proximity to major studios like Warner Bros. and Disney. This makes it a highly desirable location for renters, particularly those working in the entertainment industry. Additionally, Burbank boasts a range of amenities, including shopping centers, restaurants, and parks, which further contribute to its appeal. As a result, rental demand in 91505 is expected to remain strong, attracting both local residents and newcomers looking for convenient and vibrant living options. It is anticipated that rental prices may continue to rise as a result of this demand, presenting a potentially profitable investment opportunity for landlords and property owners in the area. Overall, the rental real estate market outlook for 91505 is optimistic and offers a favorable landscape for individuals involved in this sector.

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30 years fixed

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Monthly Payment
$2,395
This calculator is meant for estimates only. The loan amount defaults to 80% of the listing price (assuming a 20% down payment). Contact a loan professional for the most accurate information and interest rates.
Listing by: Jose Flores
The Firm
MLS #: SR24149360
Buyers Agent Compensation: Not specified
Last Updated: 7/22/2024
Views: 1
Saved: 0
Data sourced from California Regional MLS.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.
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