283 N Florence Street, Burbank, CA 91505

$1,250,000

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Sold Price
$1,250,000
List Price
$1,250,000
Closing Date
Feb 28, 2025
Status
CLOSED
MLS#
SR25013647
Year Built
1947
Lot Size
7,240
Acres
0.17
Lot Location
0-1 Unit/Acre
Days on Market
1
Property Type
Multifamily
Property Sub Type
Apartment

Property Description

Wonderful investment opportunity! This four-unit property was reconstructed in 1994. It is located in Burbank's Prime area close to studios, restaurants and shops. Each unit offers one bedroom, one bath Situated on a great grassy area. There is also a two car garage accessible from the alley. All units are occupied with a great upside potential. Please do not disturb the tenants.

Additional Information

Pool Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Roof
Shingle
Garage Spaces Total
2
Sewer
Unknown
Water
Public
Interior Features
All Bedrooms Down
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$75,600
Operating Expense
15000

Listing courtesy of Listing Agent: Fereshteh Jalali (jalaliferi@gmail.com) from Listing Office: Beverly and Company.

Listing sold by David Nalbandyan from LA Premier Realty

Mortgage Calculator

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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.