5-unit Apartment building on an 8,304 sq/ft corner lot, located in a desirable area of Burbank. New Kitchen counters and New windows installed. Each of the 5 units has 2 bedrooms and 1 bath. Surrounded by a significant number of residential homes. Rents are significantly below market value, which create a opportunity to have significant improvement of rental income over the years. Some kitchen flooring has ceramic tile or Vinyl tile flooring. The living rooms and bedrooms have original hardwood floorings, with the exception of one unit having carpet on top of its hardwood flooring. The kitchen counters are made of ceramic tile. There are 3 garages, a 1-car garage, and two 2-car garages. ABS sewer line and copper main water line. The composition shingle roof is about 12 years old. The building is located just 1 block away from George Izay Park, which has kid's playgrounds, courts for basketball, baseball, and tennis courts. About 1 mile for access to the 5 fwy and the 101 fwy.
The income description goes here to explain
List Price | $1,919,000 |
Property Type | Condo/Co-Op |
Usable Sqft | Unknown |
Number of Stories | 2 stories |
Parking Spots | 5 spots |
Year Built | 1953 |
Last Sold | Unknown |
Sold Price | Unknown |
APN # | 2446030007 |
MLS # | SR24052054 |
Property ID | 319619153 |
Lot Sqft | 8,304 |
Zoning | BUR3* |
Total Units | 5 |
Days on Market | 344 |
Original List Price | $2,000,000 |
Applicances | Disposal% |
Date Updated | January 14, 2025 |
Date Created | March 14, 2024 |
Richard Valdez an agent of . Lic #01211013
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT