Burbank, CA 91505,1980 N Ontario Street

$1,220,000

$1,219,999

Est.Price: ?

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Est. payment /mo

6 Beds

3 Baths

6,098 Sqft Lot


SOLD DATE : 08/15/2024

Key Details

Sold Price $1,220,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID GD24155794

Sold Date 08/15/24

Bedrooms 6

HOA Y/N No

Lot Size 6,098 Sqft

Property Description

Awesome triplex in a desirable Burbank neighborhood. Pride of ownership. Over 72 years Original owner/ same family since 1951! Excellent investment/Owner user opportunity. Three units, each 2 Bedroom 1 Bath. Income about $5,915/month. Rents are bellow market with upside potential. Has 3 car garages. Rare opportunity, endless possibilities bring your imagination with ability to add an ADU!. Common laundry room and partial copper plumbing. Large front and back fenced patio areas, full alley access for garage area. Providence Elementary school down on the same street, Library and Ralph Foy Park on the street 2 blocks down, with LA Kings Sports Center. Luther Burbank Middle school also close in the area. All shopping and entertainment needs close by. Just a beautiful older style apartment in a great neighborhood. Close access to freeways and just minutes away from Burbank downtown, Burbank Empire Center, great Schools, Americana and Galleria, downtown Glendale, The Brand Park, & Kenneth Village, downtown Montrose, downtown Los Angeles, NOHO, Old Town Pasadena and the Rose Parade. Close to GCC, PCC and JPL. Local LA and Hollywood attractions include the Music Center Everything in this area sells quickly. Don't miss out on this great owner-user or investment opportunity! This is definitely one-of-a-kind triplex in Burbank area, priced right and will not last long in this market.
Awesome triplex in a desirable Burbank neighborhood. Pride of ownership. Over 72 years Original owner/ same family since 1951! Excellent investment/Owner user opportunity. Three units, each 2 Bedroom 1 Bath. Income about $5,915/month. Rents are bellow market with upside potential. Has 3 car garages. Rare opportunity, endless possibilities bring your imagination with ability to add an ADU!. Common laundry room and partial copper plumbing. Large front and back fenced patio areas, full alley access for garage area. Providence Elementary school down on the same street, Library and Ralph Foy Park on the street 2 blocks down, with LA Kings Sports Center. Luther Burbank Middle school also close in the area. All shopping and entertainment needs close by. Just a beautiful older style apartment in a great neighborhood. Close access to freeways and just minutes away from Burbank downtown, Burbank Empire Center, great Schools, Americana and Galleria, downtown Glendale, The Brand Park, & Kenneth Village, downtown Montrose, downtown Los Angeles, NOHO, Old Town Pasadena and the Rose Parade. Close to GCC, PCC and JPL. Local LA and Hollywood attractions include the Music Center Everything in this area sells quickly. Don't miss out on this great owner-user or investment opportunity! This is definitely one-of-a-kind triplex in Burbank area, priced right and will not last long in this market.

Location

State CA

County Los Angeles

Area Burbank (91505)

Zoning Assessor

Interior

Cooling Wall/Window

Appliance Other/Remarks

Exterior

Roof Type Composition

Building

Lot Description Curbs

Story 1

Lot Size Range 4000-7499 SF

Others

Monthly Total Fees $29

Acceptable Financing Cash

Space Rent $1,995

Listing Terms Cash

Financing Cash

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San Diego Regional MLS (SDMLS)
Listed by Vartan Markarian • Markarian Realty
Bought with Sean Madadian • Magic Realty
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