924 W Clark Avenue, Burbank, CA 91506 - MLS#SR24166746

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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$1,695,000

Est. payment - /mo

3 Beds

3 Baths

6,178 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR24166746

Bedrooms 3

HOA Y/N No

Lot Size 6,178 Sqft

Lot Dimensions 6178

Property Sub-Type Res Income 2-4 Units

Property Description

Never Been Offered for Sale! This is a 4-plex on a 6,178 sq/ft lot, located in prime, desirable area of Burbank. These 4 units are within walking distance to George Izay Park, Walt Disney Elementary School, shopping amenities, entertainment studios like Nickelodeon, Warner Bros. and Disney. Not to mention access to the 5 and 134 freeways and even closer to LA Equestrian Center Rents are significantly below market value, which creates an opportunity to have significant improvements in rental income. These 4 units on one lot consist of Two, 2 bedrooms and Two 1 bedrooms with a total of 6 bedrooms and 6 bathrooms per county records. Each unit has its own gas and electric and A/C units. Situated in a Prime rental district, the location ensures strong rental demand with the proximity to even, Starbucks. Lots of potential for owner / user wanting tenants to help with the mortgage, or investors look for great upside potential. Approved Plans to ADD 2+2 ADU in the back parking area. Call for more details. IMPORTANT that you do not disturb the residents an anyway, Please!
Never Been Offered for Sale! This is a 4-plex on a 6,178 sq/ft lot, located in prime, desirable area of Burbank. These 4 units are within walking distance to George Izay Park, Walt Disney Elementary School, shopping amenities, entertainment studios like Nickelodeon, Warner Bros. and Disney. Not to mention access to the 5 and 134 freeways and even closer to LA Equestrian Center Rents are significantly below market value, which creates an opportunity to have significant improvements in rental income. These 4 units on one lot consist of Two, 2 bedrooms and Two 1 bedrooms with a total of 6 bedrooms and 6 bathrooms per county records. Each unit has its own gas and electric and A/C units. Situated in a Prime rental district, the location ensures strong rental demand with the proximity to even, Starbucks. Lots of potential for owner / user wanting tenants to help with the mortgage, or investors look for great upside potential. Approved Plans to ADD 2+2 ADU in the back parking area. Call for more details. IMPORTANT that you do not disturb the residents an anyway, Please!

Location

State CA

County Los Angeles

Area Burbank (91506)

Zoning Assessor

Interior

Heating Natural Gas

Cooling Wall/Window

Exterior

Exterior Feature Stucco

Parking Features Unit1:Assigned

Building

Lot Description Curbs, Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 1 Story

Others

Monthly Total Fees $32

Acceptable Financing Cash

Space Rent $4,000

Listing Terms Cash

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Listed by Richard Murray • Rick Murray Real Estate Services

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

924 W Clark Avenue Burbank, CA 91506

Arash Rokni

Key Details

Location

Interior

Exterior

Building

Others

GET MORE INFORMATION