$1,075,000
$1,175,000
8.5%For more information regarding the value of a property, please contact us for a free consultation.
7,043 Sqft Lot
SOLD DATE : 11/15/2018
Key Details
Sold Price $1,075,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID BB18162191
Sold Date 11/15/18
HOA Y/N No
Year Built 1956
Lot Size 7,043 Sqft
Property Sub-Type Triplex
Property Description
Situated in the highly desired city of Burbank, we introduce a non-rent controlled and BUR4 zoned Triplex consisting of a pair of 1 bedroom/1 bath units and a separate 2 bedroom/2 bath home with parking for all units. Conveniently located near shopping, restaurants, and entertainment, this property allows for easy freeway access as well as entrance to the distinguished Burbank schools all of which will be attractive to renters. Tremendous investment opportunity with well performing income possibility. Sitting on a 7,042 sq ft lot and surrounded by multi family buildings, this property allows for expansion of property and income. The total size of all units equals 2,565 Sq Ft. This property is a classic offering hardwood floors, vintage appliances and built-ins... with a little elbow grease this place could be a real charmer!
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUR4*
Interior
Cooling Wall/Window Unit(s)
Flooring Wood
Fireplace No
Appliance Dryer, Washer
Laundry Inside
Exterior
Parking Features Attached Carport
Garage Spaces 2.0
Carport Spaces 1
Garage Description 2.0
Pool None
Community Features Sidewalks
Total Parking Spaces 3
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story One
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2464005024
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange, FHA, Submit
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange, FHA, Submit
Financing Other
Special Listing Condition Standard
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Bought with Avo Baltayan • Baltayan Realty
Real Estate Agent & Loan Officer | License ID: 02076931
+1(949) 226-1789 | realestateaminzarif@gmail.com