For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,480,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID BB21126754
Sold Date 07/29/21
HOA Y/N No
Year Built 1942
Lot Size 8,276 Sqft
Property Sub-Type Quadruplex
Property Description
Super PRIDE OF OWNERSHIP 4-PLEX. Centrally located in Mid-Burbank near Costco. This courtyard style mid-century ranch building has been painstakingly maintained in every detail! In splendid condition, located on a public transportation line with incredibly high Walkability Score, this property will be exchanged by the Seller. First time on the market in several decades! Instant Access to 150,000+ JOBS based in Burbank. Bike to Major Studios, Production and Post facilities. Yards for rear units. Rental Income from 4-car garage, plus tandem parking pads (4 cars). No L.A. Rent Control! Garages & onsite office/studio rented for additional $650 mo; plus $100 mo owned w/d income! Proforma rents HUGE UPSIDE, and add 1 or 2 ADUs!
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUR4*
Interior
Fireplace No
Laundry Common Area, Laundry Room
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Suburban
Total Parking Spaces 8
Private Pool No
Building
Lot Description Landscaped, Yard
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 2462015003
Energy Description 1.0
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash to Loan
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Anubhav Kawatra • Anubhav Kawatra