$7,000,000
$6,995,000
0.1%For more information regarding the value of a property, please contact us for a free consultation.
20,960 SqFt
SOLD DATE : 02/24/2022
Key Details
Sold Price $7,000,000
Property Type Other Types
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 20,960 sqft
Price per Sqft $333
MLS Listing ID AR21197947
Sold Date 02/24/22
HOA Y/N No
Year Built 1951
Lot Size 0.785 Acres
Acres 0.7848
Property Description
An incredible opportunity to own this beautiful asset in the City of Burbank, the "media capital of the world." This property offers 24 units offering 8- two bedrooms and 16 one bedrooms units with great rental upside. Located in close proximity to Walt Disney Studios, Warner Brothers Entertainment,Nicklelodeon Animation Studios, the Burbank Studios, Cartoon Network and Insomnia Games. The increasingly popular Burbank Airport is close by and services the Greater Los Angeles area, Glendale, Pasadena and San Fernando Valley areas. Because of these, couple with high quality public schools and regional transportation make these units a high rental demand as proven by the 4.8% increase in population between 2000-2016. Units like these are few and far in between, so don't miss out and submit your offers! Information are deemed reliable but not verified. Buyers &/or their agents are encouraged do to their own due diligence and investigation specially with all the numerical representations in this listing including but not limited to square footage, income and expenses. All information deemed to be reliable but not guaranteed or verified. Important - Please see remarks.
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUR4*
Rooms
Ensuite Laundry CommonArea
Interior
Laundry Location CommonArea
Fireplace No
Laundry CommonArea
Exterior
Garage Spaces 24.0
Garage Description 24.0
Pool None
Community Features Curbs, StreetLights, Sidewalks
Total Parking Spaces 24
Private Pool No
Building
Story 2
Entry Level Two
Sewer PublicSewer
Water Private
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2451034024
Acceptable Financing Cash, CashtoNewLoan, Conventional
Listing Terms Cash, CashtoNewLoan, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Mark Konopaske • Mark Konopaske