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$1,975,000
Est. payment /mo
5 Beds
4 Baths
OPEN HOUSE
Sat Jul 12, 5:00am - 8:00am
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25153309
Bedrooms 5
Property Sub-Type Res Income 2-4 Units
Property Description
Presenting a rare opportunity in the heart of Burbank, a beautifully updated and fully renovated four-unit income property, All will be delivered VACANT at Close of Escrow, each with it's own address, Unit 1, #1123, Unit 2, #1123A, Unit 3, # 1123B, and the newly completed ADU #1121, ideal for both investors and owner-occupants. The property consists of three spacious 1-bedroom, 1-bathroom units (approximately 600700 sqft each), along with a larger 2-bedroom, 1-bathroom unit (approximately 900 sqft) at the back, each with it's own HVAC and laundry hook ups. The 4th Unit/Adu, newly completely renovated 1-bed 1 bath, 560 Sqft features a private front yard with a built-in BBQ and entertaining area, as well as a lovely private patioperfect for outdoor relaxation. Each unit showcases stylish finishes, new laminate waterproof flooring, and designer kitchens with quartz countertops and stainless steel appliances. Detail has been thoughtfully considered, from the newly paved driveway with elegant pavers to the extensive infrastructure upgrades, including brand new copper plumbing, updated drain lines, tankless water heaters, new recessed lighting, modern window blinds, and more. A 4-car parking space adds convenience and potential for additional income. The property is located just minutes away from Magnolia Park, the Chandler Bike Path, and the Olive Recreation Center, and is easily accessible to popular local restaurants, freeways, and neighborhood parks. Come see this gem for yourself and appreciate the true quality craftsmanship and fine attention to detail that makes this prope
Location
State CA
County Los Angeles
Zoning Assessor
Direction In between Olive Ave and Verdugo Ave, cross street S. Virginia
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 2446027032
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Listed by Suzanne Ayzoukian-Melkonian Keller Williams Luxury