$1,595,000
$1,695,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
8,089 Sqft Lot
SOLD DATE : 11/01/2024
Key Details
Sold Price $1,595,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID BB24117358
Sold Date 11/01/24
HOA Y/N No
Year Built 1949
Lot Size 8,089 Sqft
Property Description
6-Unit Apartment Building with Timeless Design in Prime Burbank Location
Discover an exceptional investment opportunity in the heart of Burbank with this retro-inspired 6-unit apartment building. Located in a highly sought-after area, this property offers a blend of comfort, convenience, and modern living.
6 spacious 1-bedroom, 1-bathroom units featuring central air, dishwashers, private patios, an on-site laundry room, and 6 dedicated parking spaces.
Each unit has been updated with stylish finishes and modern amenities, ensuring a comfortable living experience for tenants.
The building boasts an attractive vintage exterior with mid-century architectural elements that enhance its curb appeal and draw interest from potential renters.
Centrally located and close to major studios, this property provides easy access to shopping, dining, entertainment, and transportation options. The highly desirable units maintain a very low vacancy rate, ensuring consistent rental income and a stable investment.
The prime location and updated units make this property a top choice for renters, contributing to its strong rental performance. Don’t miss this rare opportunity to own a premium rental property in one of Burbank’s most desirable locations.
Please respect the privacy of current tenants. All offers are subject to inspection by qualified buyers. Serious inquiries only. Please do not disturb tenants.
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUR4*
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Laminate, Vinyl
Fireplaces Type None
Fireplace No
Appliance Dryer, Washer
Laundry Common Area, Inside
Exterior
Parking Features Assigned, Asphalt, On Site, Off Street, One Space, Uncovered
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Composition
Accessibility Parking
Total Parking Spaces 6
Private Pool No
Building
Lot Description Sprinklers In Front, Near Public Transit, Sprinklers Timer, Sprinkler System
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2436025005
Energy Description 1716.0
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with HUI LING CHAN • Beverly and Company, Inc.