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Key Details
Sold Price $1,350,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PF19268432
Sold Date 01/22/20
HOA Y/N No
Year Built 1944
Lot Size 6,534 Sqft
Property Description
Back on the Market! No Rent Control in Burbank! No need for Soft Story Retrofit on this building! Wonderful Opportunity to own a Well Kept 2 story 4 Unit building in terrific area of Burbank Above Glenoaks close to restaurants & shopping. Easy to rent! Separately metered for Gas & electric paid by tenants as is trash. Each Unit has 2 bedrooms and 1 bath with tiled or Formica kitchen counters. 2 Units downstairs have wood flooring, 2 units upstairs have carpet over hardwood flooring. Each unit has 1 space in detached garage which could be additional rental income. Partial Copper Plumbing and electrical panel redone about 5 years ago. Water Main is Copper to the street and Sewer Line redone about 10 years ago. Tenants can use Grass yard on side yard for relaxation. Owner supplies stove, tenants own refrigerators. Perfect Opportunity to maximize income. has some deferred maintenance and better income potential.
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUR4*
Interior
Interior Features Ceiling Fan(s), Laminate Counters, Tile Counters
Heating Floor Furnace, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplaces Type None
Fireplace No
Appliance Gas Range
Laundry None
Exterior
Parking Features Garage, Garage Faces Rear
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Street Lights, Sidewalks, Urban
Roof Type Composition
Total Parking Spaces 4
Private Pool No
Building
Lot Description Corner Lot, Sprinklers On Side
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5621027001
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash to Loan
Special Listing Condition Trust
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Bought with Jacqueline Tenerelli Asplund • COMPASS