Patty Malone Homes

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$1,650,000

8 Beds

4 Baths

26988875 MLS

Active Status

Marcus & Millichap is pleased to announce the opportunity to purchase the 140 N Maple Street, a four-unit multifamily property located in Burbank, CA. Situated near the intersection of Olive Avenue and Pass Avenue, the building sits just one block from world-famous Warner Bros. Studios. Due to the fact that the property is subject only to Burbank's local rent ordinance, a new owner may be able to recapture the rent upside and keep pace with improving rent growth via higher allowable rent increases, when compared with other assets subject to Los Angeles rent control. Because there are no seismic retrofit repairs required (Buyer to verify), the property allows a new investor to save from an otherwise costly maintenance expense. The pitched roof and partial copper plumbing also help to reduce both utility and maintenance costs, allowing for more profitable property operations. Located just a half-mile from the Burbank-Toluca Lake border, the property grants residents convenient access to Studio City, the NoHo Arts District, Glendale, Griffith Park, and the Hollywood Hills. Dubbed the "Media Capital of the World," the city of Burbank is home to a vast contingent of entertainment employers, which allows tenants convenient commutes to studios. Notable media production campuses in and around Burbank include Warner Bros. Studios, Disney Studios, Walt Disney Imagineering, Universal Studios, Nickelodeon Studios, Cartoon Network, and Dreamworks Animation. Several noteworthy restaurants and retail destinations are within the surrounding blocks, including Equinox Burbank, Smoke House Restaurant, Olive & Thyme, Don Cuco Mexican Restaurant, and the Disney XD office building.

140 N Maple Street, Burbank

$1,799,997

5 Beds

7 Baths

BB26193488 MLS

Active Status

VIEWS, VIEWS, VIEWS! Welcome to this impressive 3-story home situated on a 5,920 square foot lot with 3,060 square feet of living space, featuring 5 bedrooms and 7 bathrooms. A formal entryway welcomes you into a spacious and thoughtfully designed floor plan filled with desirable features and exceptional potential. The huge living room offers a fireplace and spectacular city lights views, creating an inviting space for relaxing and entertaining. A large formal dining room provides the perfect setting for gatherings and special occasions, while the generously sized den offers additional flexibility for a home office, lounge, or entertainment space. Upstairs, a spacious family room provides even more room for everyday living. The peaceful backyard is designed for enjoyment, featuring a covered patio, pool, and spa, an ideal setting for entertaining or unwinding while taking in the surrounding views. The finished 2-car attached garage includes its own bathroom, adding convenience and versatility. A downstairs bedroom offers excellent potential for an ADU-style living arrangement or private guest suite, subject to applicable permits and requirements. Additional features include central heating and air conditioning, a dedicated laundry area, and solar through a lease agreement. With three stories, multiple living areas, abundant bathrooms, breathtaking views, and a flexible layout, this is a great home to make your dreams come true. There are simply too many features to list. This is truly a must-see home! LA tax assessor shows 3 bedrooms and 3 bathrooms.

1350 E Tujunga Avenue, Burbank

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.