CA > Burbank
Burbank, CA 91506,1105 W Clark AVE
Burbank, CA 91506,1105 W Clark AVE
Burbank, CA 91506,1105 W Clark AVE
Burbank, CA 91506,1105 W Clark AVE
Burbank, CA 91506,1105 W Clark AVE
Burbank, CA 91506,1105 W Clark AVE
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Ruby Raymond

Ruby Raymond

+1(805) 201-6341
$ 1,575,000
Est. payment | /mo

6 Beds

4 Baths

2,928 SqFt

Save Virtual Tour
$ 1,575,000
Est. payment | /mo
Save Virtual Tour

6 Beds

4 Baths

2,928 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,928 sqft

Price per Sqft $537

MLS Listing ID 25615183

Bedrooms 6

HOA Y/N No

Year Built 1952

Property Description

Location, Location, Location. Prime Burbank investment opportunity at 1105 W Clark Ave! This 4-unit building with an large 8300 plus lot is located in a very strong rental market with historically low vacancy powerful tenant demand. The City of Burbank does not have the Strict Rental Stabilization Laws as Los Angeles City. A true benefit for landlords. Property features (2) 2-bed units + (2) 1-bed units, each separately metered for gas/electric. Rents bring some cash flow but the hiden beauty in this asset is it's powerful upside potential. Buy, value add and grow the income. 4-car garage parking for added renters value. Located near George Izay Park, Walt Disney Elementary, John Burroughs High, and minutes to Disney Studios and more. The extra benefit is that the George Izay Park offers an indoor Basketball court, a Baseball fields, tennis courts, and large picnic and play grounds all for the public and directly across the street for your tenants. They will never want to leave. Burbank multi-unit housing has high demand and low inventory. This property will not last long at this adjusted price. Family trust is liquidating at a huge discount from their previous purchase. This discount translate to a great opportunity for the investor at this awesome price point. Do not hesitate, this will not last. Additional units possible through SB 1211 by adding ADU'S. Buyer to verify.

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

Virtual Tour https://vimeo.com/1133944862?share=copy&fl=sv&fe=ci

CRMLS – RECore
Listed by Gregory Holmes Coldwell Banker Realty

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

Ruby Raymond
Ruby Raymond

Owner | License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Ruby Raymond, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.