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Key Details
Sold Price $1,220,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID GD24155794
Sold Date 08/15/24
HOA Y/N No
Year Built 1951
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.
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUR4*
Interior
Interior Features All Bedrooms Down
Heating See Remarks
Cooling Wall/Window Unit(s)
Flooring See Remarks
Fireplaces Type None
Fireplace No
Appliance Gas Range
Laundry Common Area
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs
Utilities Available See Remarks
View Y/N No
View None
Roof Type Composition
Total Parking Spaces 3
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 2463011006
Energy Description 312.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Sean Madadian • Magic Realty
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Monique H. Ott-Beacham
Broker | License ID: DRE #01448692
Broker License ID: DRE #01448692