723 E Tujunga Avenue, Burbank, CA 91501
- $2,010,000
- Sold Price
- $2,010,000
- List Price
- $1,990,000
- Closing Date
- Apr 25, 2025
- Status
- CLOSED
- MLS#
- SR25040524
- Year Built
- 1970
- Lot Size
- 7,753
- Acres
- 0.18
- Lot Location
- Front Yard, Sprinklers In Front, Near Public Transit, Paved
- Days on Market
- 3
- Property Type
- Multifamily
- Style
- Patio Home
- Property Sub Type
- Quadruplex
Property Description
Prime 4-Plex in the Heart of Burbank – Ideal Investment Opportunity! Welcome to this exceptional 4-unit property in the highly sought-after city of Burbank, offering an ideal blend of owner-user potential and income-generating investment. Situated in a prime location, this property features a spacious main house with approximately 1,600 sq. ft., boasting 2 bedrooms, 2 bathrooms, an attached 2-car garage, and a private courtyard, perfect for outdoor entertaining. Behind the main house, you’ll find three well-maintained apartment-style units, including: • Two 2-bedroom, 2-bath units • One 2-bedroom, 1.5-bath unit Additional amenities include an on-site laundry room and two separate 2-car garages dedicated to the apartment units. The layout provides privacy for all tenants while maximizing rental income potential. Located just minutes from Burbank’s top studios, shopping, dining, and entertainment, this multi-unit property offers both convenience and long-term value. Whether you’re an investor seeking a solid return or a homeowner looking for rental income, this is a rare opportunity you don’t want to miss!
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Additional Information
- Pool Description
- None
- Fireplace Description
- Living Room, Wood Burning
- Heat
- Radiant
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- None
- Roof
- Spanish Tile
- Garage Spaces Total
- 6
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Balcony, Open Floorplan
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $73,200
- Operating Expense
- 1560
Listing courtesy of Listing Agent: Shannon Galofaro (shannonsoldca@gmail.com) from Listing Office: Pinnacle Estate Properties, Inc..
Listing sold by Shannon Galofaro from Pinnacle Estate Properties, Inc.
Mortgage Calculator
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.