$1,650,000
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7 Beds
5 Baths
3,580 SqFt
SOLD DATE : 04/03/2023
Key Details
Sold Price $1,650,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,580 sqft
Price per Sqft $460
Subdivision Not Applicable - 1007242
MLS Listing ID 222002121
Sold Date 04/03/23
Bedrooms 7
Full Baths 5
HOA Y/N No
Year Built 1941
Lot Size 8,847 Sqft
Acres 0.2031
Property Description
If you are handy and willing to put in some sweat equity, this could be an investment of a lifetime! Burbank is and will most likely always be one of the highest demand, small self incorporated cities in L.A. EZ freeway access to everywhere, multiple studios within miles, it attracts great demand and dictates high rents. This family owned property needs some TLC and management. Good quiet, yet EZ to access location. Fully rented and 100% occupied, a movement to upgrade the units and rerent at fair market rent would pay back tremendously.
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUR3*
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Flooring Carpet
Fireplace No
Laundry Common Area
Exterior
Garage Door-Multi, Garage
Garage Spaces 4.0
Garage Description 4.0
View Y/N No
View None
Parking Type Door-Multi, Garage
Total Parking Spaces 4
Private Pool No
Building
Lot Description Rectangular Lot
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 2446027022
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Seller Financing
Special Listing Condition Standard
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Bought with Levon Yengibaryan • Coldwell Banker Hallmark
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
25101 The Old Road Suite 240, Ranch, Ca, 91381, United States