$1,595,000
$1,695,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
8,089 Sqft Lot
SOLD DATE : 11/01/2024
Key Details
Sold Price $1,595,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID BB24117358
Sold Date 11/01/24
Bedrooms 1
HOA Y/N No
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. Dont miss this rare opportunity to own a premium rental property in one of Burbanks 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.
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. Dont miss this rare opportunity to own a premium rental property in one of Burbanks 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 Burbank (91505)
Zoning Assessor
Interior
Cooling Central Forced Air
Exterior
Parking Features Unit1:Assigned
Roof Type Composition
Building
Lot Description Sidewalks
Story 1
Lot Size Range 7500-10889 SF
Level or Stories 1 Story
Others
Monthly Total Fees $73
Acceptable Financing Cash, Conventional
Space Rent $9,875
Listing Terms Cash, Conventional
Financing Cash
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with HUI LING CHAN • Beverly and Company, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
1615 Murray Canyon Rd Suite 110, Diego, California, 92108, United States