Location, Location, Location. Prime Burbank investment opportunity at 1105 W Clark Ave! This 4-unit building with an large 8300 plus lot is located in a very strong rental market with historically low vacancy powerful tenant demand. The City of Burbank does not have the Strict Rental Stabilization Laws as Los… Read More Angeles City. A true benefit for landlords. Property features (2) 2-bed units + (2) 1-bed units, each separately metered for gas/electric. Rents bring some cash flow but the hiden beauty in this asset is it's powerful upside potential. Buy, value add and grow the income. 4-car garage parking for added renters value. Located near George Izay Park, Walt Disney Elementary, John Burroughs High, and minutes to Disney Studios and more. The extra benefit is that the George Izay Park offers an indoor Basketball court, a Baseball fields, tennis courts, and large picnic and play grounds all for the public and directly across the street for your tenants. They will never want to leave. Burbank multi-unit housing has high demand and low inventory. This property will not last long at this adjusted price. Family trust is liquidating at a huge discount from their previous purchase. This discount translate to a great opportunity for the investor at this awesome price point. Do not hesitate, this will not last. Additional units possible through SB 1211 by adding ADU'S. Buyer to verify. Read Less
Courtesy of Coldwell Banker Realty 818-788-5400
Listing Snapshot
Days Online
70
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
$1.36M
0%
(avg) sold price
3
+50%
homes sold
51
+37%
(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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