Burbank, CA 91502,231 235 E Valencia AVE

$2,500,000

$2,800,000

10.7%
Est.Price: ?

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Est. payment /mo

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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California Regional MLS (CRMLS)
Listed by David Stevenson • Stevenson Real Estate Services
Bought with Vincent Durso • Realty One Group Success
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