420 W Alameda Avenue, Burbank, CA 91506

$1,475,000

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Sold Price
$1,475,000
List Price
$1,475,000
Closing Date
Oct 25, 2024
Status
CLOSED
MLS#
GD24199337
Year Built
1954
Lot Size
5,751
Acres
0.13
Lot Location
0-1 Unit/Acre
Days on Market
0
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Levels

Property Description

Burbank Fourplex with 3 Vacant Units! First time on the market in 48 years! Its unit mix consists of: (2) 2 Bed/1 Bath, and (2) 1 Bed-/1 Bath with detached 4 space carport. Perfect opportunity to live in one unit and rent out the three. Seller spent over $25,000 in 2020 upgrading to 400 AMP Siemens Main electrical panel (5 Meter) All units separately metered for electric and gas. (R-4 ZONED) *Per City of Burbank planning department, TWO additional ADU units can be added to the rear of the property equaling 1,000 SQFT EACH, BUYER TO VERIFY WITH CITY OF BURBANK* UNIT B: updated 2023 with new kitchen ,bathroom & flooring. Tenants pay own electricity, gas, sewer and trash. Close proximity to Disney Studios, Warner Brothers, NBC, Saint Joseph Medical center, restaurants and trendy shops!

Additional Information

Appliances
6 Burner Stove, Gas Cooktop
Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
Mountain(s)
Roof
Shingle
Sewer
Public Sewer
Water
Public
Interior Features
Open Floorplan, Bedroom on Main Level
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$96,600
Operating Expense
35460

Listing courtesy of Listing Agent: Arin Baroni (Arin@windfallrg.com) from Listing Office: Silver Spoon Properties.

Listing sold by Rosanne Lehmann from Keller Williams North Valley

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Calculator source: Real Geeks

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.