$1,445,000
$1,329,000
8.7%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
6,392 Sqft Lot
SOLD DATE : 08/08/2023
Key Details
Sold Price $1,445,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR23121243
Sold Date 08/08/23
Bedrooms 4
HOA Y/N No
Lot Size 6,392 Sqft
Property Description
Welcome to this well cared for, charming 4 plex with EXCELLENT rents and stable tenants, so youre guaranteed to collect rent. Each unit features 1 bedroom with a large closet & 1 bathroom, kitchens with quaint dining areas, and built-in shelving in the living rooms. Each unit has either a window, a wall or a portable AC unit and wall heater, to keep your tenants comfortable. 3 units have been updated with newer vinyl plank flooring & fresh paint. The property is self-sustaining, all 4 back doors, as well as the water heater closet doors have recently been replaced, the exterior has been freshly painted & the well-maintained yard has automatic sprinklers to keep the grass looking picture perfect! Tenants have space to BBQ or sit out under the stars in their designated back patio space . The 2 two car garages conveniently share a wall with the back unit making it the PERFECT owner-occupied space with room to expand. Convert half of the garage to add over 450 sq/ft to your owners unit plus, add direct access from the other half of the garage to include your own private owner 2 car garage parking: while collecting rent from the other tenants. If owner occupancy is not in your future, you can offer the garage space to the tenants, rent the garages out separately or convert the space into an ADU. There is also a 5th parking space next to the garage making parking issues something this building will never have to worry about. With this property the possibilities are endless. These units are close to the studios, the Burbank Airport, the 134 freeway, 5 freeway, public transportatio
Welcome to this well cared for, charming 4 plex with EXCELLENT rents and stable tenants, so youre guaranteed to collect rent. Each unit features 1 bedroom with a large closet & 1 bathroom, kitchens with quaint dining areas, and built-in shelving in the living rooms. Each unit has either a window, a wall or a portable AC unit and wall heater, to keep your tenants comfortable. 3 units have been updated with newer vinyl plank flooring & fresh paint. The property is self-sustaining, all 4 back doors, as well as the water heater closet doors have recently been replaced, the exterior has been freshly painted & the well-maintained yard has automatic sprinklers to keep the grass looking picture perfect! Tenants have space to BBQ or sit out under the stars in their designated back patio space . The 2 two car garages conveniently share a wall with the back unit making it the PERFECT owner-occupied space with room to expand. Convert half of the garage to add over 450 sq/ft to your owners unit plus, add direct access from the other half of the garage to include your own private owner 2 car garage parking: while collecting rent from the other tenants. If owner occupancy is not in your future, you can offer the garage space to the tenants, rent the garages out separately or convert the space into an ADU. There is also a 5th parking space next to the garage making parking issues something this building will never have to worry about. With this property the possibilities are endless. These units are close to the studios, the Burbank Airport, the 134 freeway, 5 freeway, public transportation and many walkable businesses. Dont miss out on your opportunity to own this multi opportunity property. PLEASE DO NOT GO ON THE PROPERTY & PLEASE DO NOT DISTURB THE TENANTS
Location
State CA
County Los Angeles
Area Burbank (91505)
Zoning Assessor
Interior
Heating Natural Gas
Cooling Wall/Window
Exterior
Exterior Feature Stucco, Wood
Building
Lot Description Curbs
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Monthly Total Fees $27
Acceptable Financing Exchange
Space Rent $2,110
Listing Terms Exchange
Financing Conventional
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Bought with Barbara Noriega • eXp Realty of California, Inc.