Burbank, CA 91506,1105 W Clark Ave
Burbank, CA 91506,1105 W Clark Ave
Burbank, CA 91506,1105 W Clark Ave
35
See all 35 photos
$1,595,000
Est. payment /mo
6 Beds
4 Baths
2,928 SqFt
Price Dropped by $100K

1105 W Clark Ave Burbank, CA 91506

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,928 sqft

Price per Sqft $544

MLS Listing ID 25615183

Bedrooms 6

Year Built 1952

Lot Size 8,325 Sqft

Acres 0.1911

Property Sub-Type Multi-Family

Property Description

$100,000 PRICE REDUCTION. BURBANK 4-PLEX.Excellent opportunity to acquire an income property in a high-demand location at the heart of Burbank. The current price creates an opportunity for value add and strong upside potential. This well-positioned 4-plex features a desirable unit mix of (2) 2-Bedroom units and (2) 1-Bedroom units.Property features include a new $10k main gas line upgrade, a new water heater, and a new coin-operated washer and dryer in the community laundry area. Separately metered gas and electric for all four units allow for low landlord overhead.1105 Clark offers significant value-add potential through cosmetic updates and land utilization. Situated on a spacious 8,325 sq ft lot, the property presents potential for future development, including possible ADU or SB 1211 scenarios (Buyer to verify). Interiors feature original hardwood floors in some units. Tenants enjoy a 4-car garage. Located steps from George Izay Park, Walt Disney Elementary, and Burroughs High. This location maintains historically low vacancy rates.

Location

State CA

County Los Angeles

Area Burbank

Zoning BUR3*

Rooms

Other Rooms None

Interior

Heating None

Cooling Window Unit(s)

Equipment None

Laundry Laundry Area, Community

Exterior

Parking Features Garage - 4+ Car

Garage Spaces 4.0

Roof Type Composition

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Coldwell Banker Realty

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Gwendolyn Thomas

Gwendolyn Thomas

Agent | RE.S.0186243

+1(702) 265-5005

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1105 W Clark Ave