1004 W Clark, Burbank, CA 91506

$2,450,000

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List Price
$2,450,000
Status
ACTIVE
MLS#
SB26157944
Year Built
1938
Lot Size
6,430
Acres
0.15
Lot Location
0-1 Unit/Acre, Lawn, Landscaped, Sprinkler System
Days on Market
0
Property Type
Multifamily
Style
Bungalow
Property Sub Type
Mixed Use
Stories
One Level

Property Description

Exceptional opportunity to acquire a remodeled five-unit bungalow-style multifamily complex consisting of three separate buildings in one of Burbank's most desirable neighborhoods. The property features four beautifully updated one-bedroom, one-bathroom units, plus a permitted one-bedroom, one-bathroom ADU, creating an attractive, low-maintenance investment with strong tenant appeal. Each unit was thoughtfully renovated a few years ago with forced-air heating and air conditioning, dual-pane windows, stylish kitchens with stainless steel appliances, modern laminate flooring, updated bathrooms, recessed lighting, and in-unit laundry hookups. The property also offers four dedicated parking spaces, four storage spaces, and separately metered gas and electricity for each unit, providing convenient utility management. Ideally positioned in the heart of Burbank, the property offers convenient access to Downtown Burbank's vibrant dining, shopping, and entertainment scene, as well as major employers including Warner Bros. Studios, Walt Disney Studios, and other renowned entertainment companies. Residents also enjoy easy access to the Burbank Metrolink station, the 5 and 134 Freeways, Hollywood Burbank Airport, Toluca Lake, parks, schools, and countless everyday conveniences. Combining extensive renovations, charming bungalow-style architecture, a permitted ADU, and an exceptional central location, 1004 W. Clark Ave presents a rare opportunity to own a turnkey, easy-to-manage multifamily asset in one of Southern California's most sought-after rental markets.

Additional Information

Appliances
Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
Pool Description
None
Heat
Central, Forced Air
Cooling
Yes
Cooling Description
Central Air
View
None
Exterior Construction
Stucco
Roof
Shingle
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
5
Gross Scheduled Income
$152,400

Listing courtesy of Listing Agent: Michelle Haugh (michelle.haugh@vistasir.com) from Listing Office: Vista Sotheby’s International Realty.

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Calculator source: Real Geeks

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.