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Listed by: Gregory Holmes (310) 938-4175 DRE #01228597, Chanze Pearson DRE #02243637 | Coldwell Banker Realty (818) 788-5400
$1,595,000
6 Beds
- 4 Baths
2,928sqft
1105 W Clark Ave, Burbank, CA 91506
$1,595,000
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Multi Family
Built in 1952
$-- HOA
8,325 sqft lot
$545/sq.ft
Description
$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 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...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1952
HOA Fees
-
Finished Area
2,928 sqft
Lot Size
8,325 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25615183
MLS Status
Active
Days on Market
32
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