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627 E Magnolia Boulevard Burbank, CA 91501
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Key Details
Sold Price $2,399,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS22080968
Bedrooms 5
Lot Size 8,637 Sqft
Property Description
Prime Burbank location! First time on the market in almost 40 years. Situated just a few blocks north of downtown Burbank is this rare 7 unit apartment complex with gated pool on a large lot. (6) units are 1 bed/1 bath and (1) unit is 2 bed/1bath. Property comprised of 3 separate buildings. On-site laundry bring in additional income. Total 11 parking spaces. Below market rents with tremendous upside potential. Please do not disturb tenants.
Prime Burbank location! First time on the market in almost 40 years. Situated just a few blocks north of downtown Burbank is this rare 7 unit apartment complex with gated pool on a large lot. (6) units are 1 bed/1 bath and (1) unit is 2 bed/1bath. Property comprised of 3 separate buildings. On-site laundry bring in additional income. Total 11 parking spaces. Below market rents with tremendous upside potential. Please do not disturb tenants.
Location
State CA
County Los Angeles
Area Burbank (91501)
Zoning Assessor
Interior
Cooling Wall/Window
Exterior
Parking Features Unit1:Assigned
Pool Community/Common
Building
Lot Description Sidewalks
Story 2
Others
Acceptable Financing Cash
Space Rent $1,100
Listing Terms Cash
Read Less
Bought with Artak Dovlatyan • Specialized Realty