35
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$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 Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,928 sqft
Price per Sqft $544
MLS Listing ID 25615183
Bedrooms 6
HOA Y/N No
Year Built 1952
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 610 - Burbank
Zoning BUR3*
Interior
Heating None
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 4.0
Garage Description 4.0
Roof Type Composition
Total Parking Spaces 4
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2446007003
Special Listing Condition Standard
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Listed by Gregory Holmes Coldwell Banker Realty
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