633 N Rosemary Lane, Burbank, CA 91505
- $1,950,000
- Sold Price
- $1,950,000
- List Price
- $2,050,000
- Closing Date
- May 01, 2024
- Status
- CLOSED
- MLS#
- BB24017751
- Year Built
- 1944
- Lot Size
- 11,717
- Acres
- 0.27
- Lot Location
- Front Yard, Near Park
- Days on Market
- 74
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- One Level
Property Description
Discover a unique investment opportunity at 633 N Rosemary Ln, nestled in the heart of Burbank's sought-after Magnolia Park Neighborhood and conveniently located close to Verdugo Park. This property presents a versatile opportunity with a strategic location near entertainment, shopping, and dining destinations, making it attractive to a wide range of buyers. Whether you're an investor seeking reliable rental income – the complex brings in a strong rental income with quality tenants, or a developer with an eye on its residential potential, or even a buyer looking for a home with strong appreciation potential, 633 N Rosemary Ln has the flexibility to meet your needs. Benefit from Burbank's rich historical property value trends and enjoy convenient access to essential amenities like parks, schools, and transportation hubs Major Studio like Disney, Warner Bros, Universal Studios, St. Joseph Hospital, Hollywood/Burbank Airport, and Downtown Burbank. This prime real estate opportunity is perfectly positioned to capitalize on the thriving Burbank market. Don't let this chance slip through your fingers – contact us now to explore the diverse possibilities and secure your stake in this coveted location.
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Additional Information
- Pool Description
- None
- Garage Spaces Total
- 4
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $108,180
- Operating Expense
- 34792
Listing courtesy of Listing Agent: Cameron Hunter (soldbythehunters@gmail.com) from Listing Office: Media West Realty,Inc..
Listing sold by William Toth from First Class Real Estate Inc.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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. 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, 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.