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$ 1,675,000
Est. payment /mo
New
924 W Clark Burbank, CA 91506
6,176 Sqft Lot
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD26119026
HOA Y/N No
Year Built 1949
Lot Size 6,176 Sqft
Property Sub-Type Apartment
Property Description
Value-Add 4-Unit Multifamily Investment Opportunity
Excellent opportunity to acquire a well-maintained 4-unit multifamily property with recent capital improvements already completed. Ownership has invested in a new roof and new dual-pane windows throughout the building, helping reduce future maintenance costs and enhance tenant appeal.
The property features a vacant front garage, providing immediate flexibility for owner use, additional storage, potential rental income, or future value-add opportunities. Building-wide electrical infrastructure has also been recently upgraded, creating the capacity to accommodate an additional unit (buyer to verify all development potential and requirements with local authorities).
With strong fundamentals, recent system upgrades, and future expansion potential, this property presents an attractive investment opportunity for both seasoned investors and owner-operators seeking long-term appreciation and income growth.
Excellent opportunity to acquire a well-maintained 4-unit multifamily property with recent capital improvements already completed. Ownership has invested in a new roof and new dual-pane windows throughout the building, helping reduce future maintenance costs and enhance tenant appeal.
The property features a vacant front garage, providing immediate flexibility for owner use, additional storage, potential rental income, or future value-add opportunities. Building-wide electrical infrastructure has also been recently upgraded, creating the capacity to accommodate an additional unit (buyer to verify all development potential and requirements with local authorities).
With strong fundamentals, recent system upgrades, and future expansion potential, this property presents an attractive investment opportunity for both seasoned investors and owner-operators seeking long-term appreciation and income growth.
Location
State CA
County Los Angeles
Area 610 - Burbank
Interior
Fireplace No
Laundry None
Exterior
Garage Spaces 1.0
Carport Spaces 4
Garage Description 1.0
Pool None
Community Features Park
Total Parking Spaces 5
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 2446026014
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Allen Hacopian Glen West Realty allenh@glenwest.com, DRE #02086296
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