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$ 1,695,000
Est. payment | /mo
3 Beds
$ 1,695,000
Est. payment | /mo
3 Beds
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24166746
Bedrooms 3
Lot Dimensions 6178
Property Sub-Type Res Income 2-4 Units
Property Description
Never Been Offered for Sale! This is a 4-plex on a 6,178 sq/ft lot, located in prime, desirable area of Burbank. These 4 units are within walking distance to George Izay Park, Walt Disney Elementary School, shopping amenities, entertainment studios like Nickelodeon, Warner Bros. and Disney. Not to mention access to the 5 and 134 freeways and even closer to LA Equestrian Center Rents are significantly below market value, which creates an opportunity to have significant improvements in rental income. These 4 units on one lot consist of Two, 2 bedrooms and Two 1 bedrooms with a total of 6 bedrooms and 6 bathrooms per county records. Each unit has its own gas and electric and A/C units. Situated in a Prime rental district, the location ensures strong rental demand with the proximity to even, Starbucks. Lots of potential for owner / user wanting tenants to help with the mortgage, or investors look for great upside potential. Approved Plans to ADD 2+2 ADU in the back parking area. Call for more details. IMPORTANT that you do not disturb the residents an anyway, Please!
Location
State CA
County Los Angeles
Zoning Assessor
Direction Major cross streets Victory & Olive. Clark is off Victory before Olive Ave. 2nd unit of Left
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 2446026014
Listed by Richard Murray Rick Murray Real Estate Services
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”