$2,500,000
$2,800,000
10.7%For more information regarding the value of a property, please contact us for a free consultation.
0.35 Acres Lot
SOLD DATE : 01/31/2023
Key Details
Sold Price $2,500,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD22208463
Sold Date 01/31/23
HOA Y/N No
Year Built 1946
Lot Size 0.354 Acres
Property Description
Wonderful opportunity to acquire two (2) well maintained single-story, courtyard-style four (4) unit buildings situated on two (2) separate parcels in Burbank; each building is comprised of one (1) two (2) bedroom, one (1) bathroom unit and three (3) one (1) bedroom, one (1) bathroom units; all tenants are month-to-month; the buildings were constructed in1946; the units are separately metered for gas and electricity; individual hot water heaters and laundry hook-ups in each of the units; generous upside in rents; parking is eight (8) spaces in eight (8) single-car, closed garages off the alley; copper plumbing throughout; all windows replaced; hip roofs; some units upgraded in terms of flooring, counter tops and cabinetry; located just south of Glenoaks Boulevard and east of Verdugo Avenue only 1/2 mile from Downtown Burbank
See attached brochure for complete information.
Location
State CA
County Los Angeles
Area 610 - Burbank
Interior
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Biking, Curbs, Sidewalks
Total Parking Spaces 8
Private Pool No
Building
Lot Description 21-25 Units/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 2453038010
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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