Home Buying in Burbank>Question Details

0513myoung, Home Buyer in Burbank, CA

renting after bought

Asked by 0513myoung, Burbank, CA Mon May 23, 2011

i am interested in two houses;
7544 n claybeck ave, burbank,ca,,,,,,
13240 broken bit Circle, Corona ca 92883,,,,,
i would like to know the renting fee if i bought one of them...
thanks

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The property on Claybeck requires a lot of work. There is basically no bedrooms in the structure. The garage has been converted into separate bedrooms but you will need to check city records for permits and possibly bring to code.
At this time you only have a studio residence and are probably looking at $900-$950 per month in it's current condition. Again not taking into account the possibly non-permitted bedrooms in garage. It appears that this property may have been in transition for upgrades or remodel but never came to fruition.
Tax records show 2 bedrooms but the main structure has no bedrooms at all. You'll have to take that into account.
Hope that helps.
Norma
The Achievers Group @ Remax Town Center
800-525-5157 x0
0 votes Thank Flag Link Mon May 23, 2011
0513myoung,

Those areas are quite a distance apart. Send me your email address and I will be happy to send you an analysis. Please let me know if I can be of further assistance.

Dot Chance
Keller Williams Realty World Media Center
DRE #01494182
Web Reference: http://DotChance.com
0 votes Thank Flag Link Mon May 23, 2011
7544 North clayback needs a lot of work. It would probably rent for $1,000. I am not familar with the Corona area. Call me for more details on the Burbank property.

With Thanks,

Kobi Y. Costa
Realtor
DRE #01500254
Short Sale & Foreclosure Resource Certified
Certified Real Estate Appraiser
OREA #AR032431
Rodeo Realty
P (818) 921-5111
F (818) 904-1622
http://www.KobiCosta.com
Web Reference: http://www.KobiCosta.com
0 votes Thank Flag Link Mon May 23, 2011
If you are an investor with developing experience, than this is a right investment for you. If you want to see the property and/or have any other request or question, please let me know.
Ludwig
818-848-2888 ext. 128 Direct
Ludwigpk@yahoo.com
0 votes Thank Flag Link Mon May 23, 2011
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