924 W Clark AVE Active

Burbank,CA 91506

$ 1999000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR24166746

Year Built 1949

Lot Size 6,176 Sqft

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. 1+1 is vacant, lower unit, and ready for big return. Call for more details. IMPORTANT that you do not disturb the residents an anyway, Please!

Location

State CA

County Los Angeles

Area 610 - Burbank

Zoning BUR4*

Interior

Heating Natural Gas

Cooling Wall/Window Unit(s)

Fireplaces Type None

Laundry Inside,See Remarks

Exterior

Parking Features Assigned,Covered

Garage Spaces 1.0

Garage Description 1.0

Fence Good Condition,Wrought Iron

Pool None

Community Features Curbs,Street Lights,Sidewalks,Park

Utilities Available Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected,Water Connected

View Y/N No

View None

Roof Type Spanish Tile

Building

Lot Description Level,Near Park,Near Public Transit,Street Level

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash,Cash to New Loan

Listing Terms Cash,Cash to New Loan

Special Listing Condition Standard,Trust

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