Rare non-rent controlled 12-unit building with 10 fully renovated vacancies in the Prime Burbank area. The property boasts an incredible current cap rate of 5% and 14.25 GRM. Priced at only 389k/door for bungalow-style units that have been fully renovated with permits from top to bottom. The property features a diverse unit mix consisting of 2 (2bed/1bath), 4 (1bed/1bath), and 6 (studio/1bath) units. All units are individually metered for gas and electricity, ensuring maximum efficiency in operation costs. Large 14,200 SF lot with preliminary plans to add 4 ADUs (2 Attached & 2 Detached) to further improve the numbers to only 292k/door. Non-LA-City rent-controlled asset allowing significant 8.8%annual rent increases (5%+CPI) for future upside. All vacancies have been completely renovated with permits and boast a high-end aesthetic with new cabinets, flooring, modern lighting, new bathrooms, stainless steel appliances, as well as major exterior capital improvements. Amenities include on-site laundry facilities as well as 6 vacant garages with the potential to be converted to 2 attached ADUs. Prime Burbank location just minutes away from media giants such as Warner Bros Studios, Walt Disney Studios, and Burbank Town Center Shopping Mall.