1980 N Ontario Street, Burbank, CA 91505
- $1,220,000
- Sold Price
- $1,220,000
- List Price
- $1,219,999
- Closing Date
- Aug 15, 2024
- Status
- CLOSED
- MLS#
- GD24155794
- Year Built
- 1951
- Lot Size
- 6,098
- Acres
- 0.14
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 0
- Property Type
- Multifamily
- Property Sub Type
- Triplex
Property Description
Awesome triplex in a desirable Burbank neighborhood. Pride of ownership. Over 72 years Original owner/ same family since 1951! Excellent investment/Owner user opportunity. Three units, each 2 Bedroom 1 Bath. Income about $5,915/month. Rents are bellow market with upside potential. Has 3 car garages. Rare opportunity, endless possibilities bring your imagination with ability to add an ADU!. Common laundry room and partial copper plumbing. Large front and back fenced patio areas, full alley access for garage area. Providence Elementary school down on the same street, Library and Ralph Foy Park on the street 2 blocks down, with LA Kings Sports Center. Luther Burbank Middle school also close in the area. All shopping and entertainment needs close by. Just a beautiful older style apartment in a great neighborhood. Close access to freeways and just minutes away from Burbank downtown, Burbank Empire Center, great Schools, Americana and Galleria, downtown Glendale, The Brand Park, & Kenneth Village, downtown Montrose, downtown Los Angeles, NOHO, Old Town Pasadena and the Rose Parade. Close to GCC, PCC and JPL. Local LA and Hollywood attractions include the Music Center Everything in this area sells quickly. Don't miss out on this great owner-user or investment opportunity! This is definitely one-of-a-kind triplex in Burbank area, priced right and will not last long in this market.
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Additional Information
- Appliances
- Gas Range
- Pool Description
- None
- Heat
- See Remarks
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- None
- Roof
- Composition
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- All Bedrooms Down
- Attached Structure
- Attached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $70,980
- Operating Expense
- 7000
Listing courtesy of Listing Agent: Vartan Markarian (MarkarianRealty@gmail.com) from Listing Office: Markarian Realty.
Listing sold by Sean Madadian from Magic Realty
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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.