$3,010,000
$3,010,000
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8,132 Sqft Lot
SOLD DATE : 08/31/2021
Key Details
Sold Price $3,010,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR21130822
Sold Date 08/31/21
HOA Y/N No
Year Built 1963
Lot Size 8,132 Sqft
Property Description
We are proud to represent this 9-unit apartment building located above Glenoaks Blvd in Burbank.
The building was constructed in 1963. Its unit mix consists of (2) one-bedroom, one-bathroom units, (5) two-bedroom, two-bathroom units, and (2) three-bedroom, two-bathroom units. With a lot size of 8,159 square feet, the property has a total of 9,408 rentable square feet. Tenants enjoy exceptionally large units and spacious balconies. The building has been well maintained by a long term owner.
The property is located in Burbank, which is a highly desirable rental market and is known as the media capital of the world. It is home to Disney Studios, Warner Brothers, and NBC. The city has over 80 restaurants, 30 movie screens, and 200 stores; its residents enjoy top ranked schools, easy access to the 5 and 134 freeways, and close proximity to the Burbank Metro Link.
The property is separately metered for electricity. The building is an all electric building.
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUR4*
Interior
Heating Radiant
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Suburban, Urban, Valley
Private Pool No
Building
Lot Description Rectangular Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2459001037
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Cindy Hill • Keller Williams Encino-Sherman Oaks
15910 Ventura Blvd. Suite 101 Encino CA 91436, Encino, CA, 91436, USA