Burbank, CA 91502,225 W Alameda Avenue
Burbank, CA 91502,225 W Alameda Avenue
Burbank, CA 91502,225 W Alameda Avenue
Burbank, CA 91502,225 W Alameda Avenue
Burbank, CA 91502,225 W Alameda Avenue
Burbank, CA 91502,225 W Alameda Avenue
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$7,000,000

$6,995,000

0.1%
Est.Price: ?

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Est. payment /mo

3 Beds

1 Bath

0.78 Acres Lot


SOLD DATE : 02/24/2022

Key Details

Sold Price $7,000,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID AR21197947

Sold Date 02/24/22

Bedrooms 3

HOA Y/N No

Lot Size 0.785 Acres

Property Description

An incredible opportunity to own this beautiful asset in the City of Burbank, the "media capital of the world." This property offers 24 units offering 8- two bedrooms and 16 one bedrooms units with great rental upside. Located in close proximity to Walt Disney Studios, Warner Brothers Entertainment,Nicklelodeon Animation Studios, the Burbank Studios, Cartoon Network and Insomnia Games. The increasingly popular Burbank Airport is close by and services the Greater Los Angeles area, Glendale, Pasadena and San Fernando Valley areas. Because of these, couple with high quality public schools and regional transportation make these units a high rental demand as proven by the 4.8% increase in population between 2000-2016. Units like these are few and far in between, so don't miss out and submit your offers! Information are deemed reliable but not verified. Buyers &/or their agents are encouraged do to their own due diligence and investigation specially with all the numerical representations in this listing including but not limited to square footage, income and expenses. All information deemed to be reliable but not guaranteed or verified. Important - Please see remarks.
An incredible opportunity to own this beautiful asset in the City of Burbank, the "media capital of the world." This property offers 24 units offering 8- two bedrooms and 16 one bedrooms units with great rental upside. Located in close proximity to Walt Disney Studios, Warner Brothers Entertainment,Nicklelodeon Animation Studios, the Burbank Studios, Cartoon Network and Insomnia Games. The increasingly popular Burbank Airport is close by and services the Greater Los Angeles area, Glendale, Pasadena and San Fernando Valley areas. Because of these, couple with high quality public schools and regional transportation make these units a high rental demand as proven by the 4.8% increase in population between 2000-2016. Units like these are few and far in between, so don't miss out and submit your offers! Information are deemed reliable but not verified. Buyers &/or their agents are encouraged do to their own due diligence and investigation specially with all the numerical representations in this listing including but not limited to square footage, income and expenses. All information deemed to be reliable but not guaranteed or verified. Important - Please see remarks.

Location

State CA

County Los Angeles

Area Burbank (91502)

Zoning Assessor

Building

Lot Description Curbs, Sidewalks

Story 2

Level or Stories 2 Story

Others

Acceptable Financing Cash, Conventional

Space Rent $10,885

Listing Terms Cash, Conventional

Financing Cash

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San Diego Regional MLS (SDMLS)
Listed by Dorothy Arrieta • DPP
Bought with NON LISTED AGENT • San Diego
agent-avatar

+1(858) 414-1153

robyn@robynflint.com

Scripps Ranch, 92131, United States

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