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Key Details
Sold Price $1,641,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID BB20225038
Sold Date 07/19/21
HOA Y/N No
Year Built 1937
Lot Size 5,662 Sqft
Property Description
This 5 unit apartment building in a great Burbank location is fantastic. There is a lovely green belt with walking tracks directly across the street. There is a spacious 2 bedroom house in the front. There are four more units on the property. These units consist of two 2 bedroom units, one 1 bedroom unit and one single. All the units have separate gas and electric meters. The front house has a private laundry room and there is an enclosed shared laundry room for the other units. Four of the five units are newly upgraded and updated. Scheduled income is over 6 figures. Location, condition, income and appeal combine to create a terrific opportunity.
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUR4*
Interior
Heating Wall Furnace, Zoned
Cooling Wall/Window Unit(s), Zoned
Fireplace No
Laundry Common Area, Inside, Laundry Room, See Remarks
Exterior
Parking Features Attached Carport, Assigned, Covered, Driveway, Private
Carport Spaces 4
Fence Block
Pool None
Community Features Biking, Curbs, Gutter(s), Park, Street Lights, Suburban, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Park/Greenbelt, Mountain(s)
Total Parking Spaces 5
Private Pool No
Building
Lot Description Front Yard
Story Two
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2480018029
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard, Trust
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Bought with Mary Baldry • VasTree Real Estate