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501 E Harvard Road

Burbank, CA 91501
  • $1,759,000
  • STATUS: CONTINGENT
  • ON SITE: 57 Days
  • ID#: GD21185134
Under Contract
UPDATED: 30 min ago
$1,759,000
  • 5
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

We are proud to present 510 E. Harvard Rd., Burbank. An amazing upside potential opportunity for investors. It is also perfect for an owner-occupied, buyer who wants to live in one of the units and collect rent on the other three. Since this property has 4-units, it qualifies for residential financing. This 4-unit multifamily property, built-in 1950, has a total building size of approximately 3,360 Sq. Ft. and sits on approximately 12741 Sq. Ft. lot. The building has unit mix, One unit is 2-Bedrooms, 1-1/2 Bathroom with bonus room, Three units are 1-Bedroom, 1-Bathroom. This property is located in Burbank. Burbank is well known for being home to Walt Disney Studios and Warner Bros. Studios. The building location is easy to access to schools, restaurants, shopping, entertainment, freeway, and recreations. This property is an ideal candidate to take advantage of the large lot for the investor. This value-add opportunity has upside potential in rents. It is also individually metered for gas and electricity. Please do not go on the property, disturb, or talk to the tenants. Unit information: Unit #501 - 2 Bedroom, 1 1/2 Bathroom and Bonus room rent $2,500; Unit #700 - 1 Bedroom, 1 Bathroom rent $1,425; Unit #702 - 1 Bedroom, 1 Bathroom rent $1,600; Unit #704 - 1 Bedroom, 1 Bathroom rent $1,440. We are proud to present 510 E. Harvard Rd., Burbank. An amazing upside potential opportunity for investors. It is also perfect for an owner-occupied, buyer who wants to live in one of the units and collect rent on the other three. Since this property has 4-units, it qualifies for residential financing. This 4-unit multifamily property, built-in 1950, has a total building size of approximately 3,360 Sq. Ft. and sits on approximately 12741 Sq. Ft. lot. The building has unit mix, One unit is 2-Bedrooms, 1-1/2 Bathroom with bonus room, Three units are 1-Bedroom, 1-Bathroom. This property is located in Burbank. Burbank is well known for being home to Walt Disney Studios and Warner Bros. Studios. The building location is easy to access to schools, restaurants, shopping, entertainment, freeway, and recreations. This property is an ideal candidate to take advantage of the large lot for the investor. This value-add opportunity has upside potential in rents. It is also individually metered for gas and electricity. Please do not go on the property, disturb, or talk to the tenants. Unit information: Unit #501 - 2 Bedroom, 1 1/2 Bathroom and Bonus room rent $2,500; Unit #700 - 1 Bedroom, 1 Bathroom rent $1,425; Unit #702 - 1 Bedroom, 1 Bathroom rent $1,600; Unit #704 - 1 Bedroom, 1 Bathroom rent $1,440.

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
www.solisteamrealty.com/homes/120704912
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501 E Harvard Road Burbank, CA 91501

  • Price: $1,759,000
  • Status: CONTINGENT
  • Updated: 30 min ago
  • ID#: GD21185134
5
Beds
0
Baths
0
½ Baths
0.29
Acres
Neighborhood:
Burbank (91501)
County:
Los Angeles
Area:
Burbank (91501)
Property Description
We are proud to present 510 E. Harvard Rd., Burbank. An amazing upside potential opportunity for investors. It is also perfect for an owner-occupied, buyer who wants to live in one of the units and collect rent on the other three. Since this property has 4-units, it qualifies for residential financing. This 4-unit multifamily property, built-in 1950, has a total building size of approximately 3,360 Sq. Ft. and sits on approximately 12741 Sq. Ft. lot. The building has unit mix, One unit is 2-Bedrooms, 1-1/2 Bathroom with bonus room, Three units are 1-Bedroom, 1-Bathroom. This property is located in Burbank. Burbank is well known for being home to Walt Disney Studios and Warner Bros. Studios. The building location is easy to access to schools, restaurants, shopping, entertainment, freeway, and recreations. This property is an ideal candidate to take advantage of the large lot for the investor. This value-add opportunity has upside potential in rents. It is also individually metered for gas and electricity. Please do not go on the property, disturb, or talk to the tenants. Unit information: Unit #501 - 2 Bedroom, 1 1/2 Bathroom and Bonus room rent $2,500; Unit #700 - 1 Bedroom, 1 Bathroom rent $1,425; Unit #702 - 1 Bedroom, 1 Bathroom rent $1,600; Unit #704 - 1 Bedroom, 1 Bathroom rent $1,440. We are proud to present 510 E. Harvard Rd., Burbank. An amazing upside potential opportunity for investors. It is also perfect for an owner-occupied, buyer who wants to live in one of the units and collect rent on the other three. Since this property has 4-units, it qualifies for residential financing. This 4-unit multifamily property, built-in 1950, has a total building size of approximately 3,360 Sq. Ft. and sits on approximately 12741 Sq. Ft. lot. The building has unit mix, One unit is 2-Bedrooms, 1-1/2 Bathroom with bonus room, Three units are 1-Bedroom, 1-Bathroom. This property is located in Burbank. Burbank is well known for being home to Walt Disney Studios and Warner Bros. Studios. The building location is easy to access to schools, restaurants, shopping, entertainment, freeway, and recreations. This property is an ideal candidate to take advantage of the large lot for the investor. This value-add opportunity has upside potential in rents. It is also individually metered for gas and electricity. Please do not go on the property, disturb, or talk to the tenants. Unit information: Unit #501 - 2 Bedroom, 1 1/2 Bathroom and Bonus room rent $2,500; Unit #700 - 1 Bedroom, 1 Bathroom rent $1,425; Unit #702 - 1 Bedroom, 1 Bathroom rent $1,600; Unit #704 - 1 Bedroom, 1 Bathroom rent $1,440.
Exterior Features

Pool N/K Site Sidewalks

Interior Features

Stories 1 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

Property Features

Annual Expense Actual 29052 Buildings 1 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 83580 Tenant Pays TrashElectricityGas/Propane Terms CashConventionalExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 2500.0 Unit2 Rent Actual 1425.0 Unit3 Rent Actual 1600.0 Unit4 Rent Actual 1440.0 Zoning Assessor

Listing provided courtesy of Keller Williams Realty Encino-. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
 
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