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$1,575,000
74 Days On Site

1105 W Clark Avenue
Burbank, CA 91506

For Sale|Residential Income|Active Under Contract
6
Beds
4
Total Baths
2,928
SqFt
$538
/SqFt
1952
Built
County:
Los Angeles
Listed by Gregory Holmes of Coldwell Banker Realty [email protected]
Call Now: +1 (562) 337-3915
Is this the listing for you? We can help make it yours.
+1 (562) 337-3915
1105 W Clark Avenue1105 W Clark Avenue1105 W Clark Avenue1105 W Clark Avenue
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Monthly Payment (Est.)

$7,186
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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 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.

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Listing Snapshot
Price 
$1,575,000
Days On Site 
74 Days
Bedrooms 
6
Inside Area (SqFt) 
2,928 sqft
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1911 Acres
Year Built 
1952
MLS® Number 
25615183
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
a month agoStatus changed to Active Under Contract
a month agoPrice changed to $1,575,000
2 months agoListing first seen on site
General Features
Acres 
0.1911
Garage 
Yes
Garage Spaces 
4
Levels 
Two
Number Of Stories 
2
Parking Spaces 
4
Special Circumstances 
Standard
SqFt Total 
2928
Zoning 
BUR3*
Interior Features
Laundry Features 
Common Area
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Exterior Features
Roof 
Composition
Community Features
MLS Area 
610 - Burbank


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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