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Listed by Richard Murray • Rick Murray Real Estate Services
$ 1,999,000
Est. payment | /mo
2,838 SqFt
$ 1,999,000
Est. payment | /mo
2,838 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,838 sqft
Price per Sqft $704
MLS Listing ID CRSR24166746
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1949
Lot Size 6,178 Sqft
Property Description
Never Been Offered for Sale! This is a 4-plex on a 6,178 sq/ft lot, located in prime, desirable area of Burbank. These 4 units are within walking distance to George Izay Park, Walt Disney Elementary School, shopping amenities, entertainment studios like Nickelodeon, Warner Bros. and Disney. Not to mention access to the 5 and 134 freeways and even closer to LA Equestrian Center Rents are significantly below market value, which creates an opportunity to have significant improvements in rental income. These 4 units on one lot consist of Two, 2 bedrooms and Two 1 bedrooms with a total of 6 bedrooms and 6 bathrooms per county records. Each unit has its own gas and electric and A/C units. Situated in a Prime rental district, the location ensures strong rental demand with the proximity to even, Starbucks. Lots of potential for owner / user wanting tenants to help with the mortgage, or investors look for great upside potential. Call for more details. IMPORTANT that you do not disturb the residents an anyway, Please!
Location
State CA
County Los Angeles
Interior
Heating Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Gas Water Heater
Laundry Inside, See Remarks
Exterior
View None
Handicap Access Other
Building
Lot Description Level, Other
Water Public
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Melanie Peterson-Katz
Partner | Lic# 00890767