Burbank, CA 91502,231 E Valencia Avenue

$2,500,000

$2,800,000

10.7%
Est.Price: ?

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Est. payment /mo

5 Beds

4 Baths

0.35 Acres Lot


SOLD DATE : 01/31/2023

Key Details

Sold Price $2,500,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID GD22208463

Sold Date 01/31/23

Bedrooms 5

HOA Y/N No

Lot Size 0.354 Acres

Property Description

Wonderful opportunity to acquire two (2) well maintained single-story, courtyard-style four (4) unit buildings situated on two (2) separate parcels in Burbank; each building is comprised of one (1) two (2) bedroom, one (1) bathroom unit and three (3) one (1) bedroom, one (1) bathroom units; all tenants are month-to-month; the buildings were constructed in1946; the units are separately metered for gas and electricity; individual hot water heaters and laundry hook-ups in each of the units; generous upside in rents; parking is eight (8) spaces in eight (8) single-car, closed garages off the alley; copper plumbing throughout; all windows replaced; hip roofs; some units upgraded in terms of flooring, counter tops and cabinetry; located just south of Glenoaks Boulevard and east of Verdugo Avenue only 1/2 mile from Downtown Burbank See attached brochure for complete information.
Wonderful opportunity to acquire two (2) well maintained single-story, courtyard-style four (4) unit buildings situated on two (2) separate parcels in Burbank; each building is comprised of one (1) two (2) bedroom, one (1) bathroom unit and three (3) one (1) bedroom, one (1) bathroom units; all tenants are month-to-month; the buildings were constructed in1946; the units are separately metered for gas and electricity; individual hot water heaters and laundry hook-ups in each of the units; generous upside in rents; parking is eight (8) spaces in eight (8) single-car, closed garages off the alley; copper plumbing throughout; all windows replaced; hip roofs; some units upgraded in terms of flooring, counter tops and cabinetry; located just south of Glenoaks Boulevard and east of Verdugo Avenue only 1/2 mile from Downtown Burbank See attached brochure for complete information.

Location

State CA

County Los Angeles

Area Burbank (91502)

Zoning Public Rec

Building

Lot Description Curbs, Sidewalks

Others

Acceptable Financing Cash

Space Rent $1,000

Listing Terms Cash

Financing Cash

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San Diego Regional MLS (SDMLS)
Listed by David Stevenson • Stevenson Real Estate Services
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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