400 S Lamer Street, Burbank, CA 91506

$1,700,000

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Sold Price
$1,700,000
List Price
$1,599,999
Closing Date
Jun 16, 2025
Status
CLOSED
MLS#
GD25099500
Year Built
1951
Lot Size
6,679
Acres
0.15
Lot Location
0-1 Unit/Acre
Days on Market
9
Property Type
Multifamily
Property Sub Type
Triplex

Property Description

Tastefully updated corner Triplex in prime Burbank! Near the Walt Disney Studios, down town Burbank, Universal Studios, Los Angeles Equestrian Center, and Saint Joseph Hospital.. Just minutes from downtown Los Angeles,Glendale Americana, Glendale Galleria, and the Rose Parade route. Great investment and/or owner occupied! Offers stand alone house 3 bed 2 bath with private yard, rented $5600/ month. The 2nd unit is 2 bed 1 bath on top floor with private side yard and downstairs 3rd unit is single or studio both rented $4250/ month. Total income $9850/ month. Additional highlights include, all units with central air and heat, copper plumbing, 2 car garage possible ADU or possible building an ADU in back yard. This super investment property will not last on this hot market! Click the Media tab to see the Virtual tour!

Additional Information

Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$118,200
Operating Expense
20000

Listing courtesy of Listing Agent: Vartan Markarian (MarkarianRealty@gmail.com) from Listing Office: Markarian Realty.

Listing sold by Bryan Ochse from Media West Realty,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.