$100,000 PRICE REDUCTION. BURBANK 4-PLEX.Excellent opportunity to acquire an income property in a high-demand location at the heart of Burbank. The current price creates an opportunity for value add and strong upside potential. This well-positioned 4-plex features a desirable unit mix of (2) 2-Bedroom units and (2) 1-Bedroom units.Property features… Read More include a new $10k main gas line upgrade, a new water heater, and a new coin-operated washer and dryer in the community laundry area. Separately metered gas and electric for all four units allow for low landlord overhead.1105 Clark offers significant value-add potential through cosmetic updates and land utilization. Situated on a spacious 8,325 sq ft lot, the property presents potential for future development, including possible ADU or SB 1211 scenarios (Buyer to verify). Interiors feature original hardwood floors in some units. Tenants enjoy a 4-car garage. Located steps from George Izay Park, Walt Disney Elementary, and Burroughs High. This location maintains historically low vacancy rates. Read Less
Courtesy of Coldwell Banker Realty 818-788-5400
Listing Snapshot
Days Online
23
Last Updated
Property Type
Other
Beds
6
Square Ft.
2,928
Lot Size
0.19 Acres
Year Built
1952
MLS Number
25615183
30 Days Snapshot Of 91506
$1.30M
+8%
(avg) sold price
3
+200%
homes sold
52
+4%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
None
Building
2,928 sq ft, Built in 1952, Levels: Two, Attached
Cooling
Window Unit(s)
Disclosures
None
Garage
4 total garage spaces, Garage - 4+ Car
Heating
None
Laundry
Laundry Area, Community
Lot
LotAcreage: 0.1911, LotSizeArea: 8,325
Parking
TotalParking: 4
Property
NumberOfUnits: 4, Zoning: BUR3*
Roof
Composition
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