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235 W Tujunga Avenue

Burbank, CA 91502
  • $3,150,000
  • STATUS: Active
  • ON SITE: 23 Days
  • ID#: P1-15007
UPDATED: 148 min ago
$3,150,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1962
County:

School Ratings & Info

Listing Agent(s): Amy Weber of Beverly And Company, Inc. ((818) 382-4160)


Description

Welcome to your dream investment opportunity in Burbank! Located in a beautiful Rancho Adjacent neighborhood and within the highly rated Burbank Unified School District, this charming 8-unit apartment building is the epitome of comfort and convenience. Each unit boasts its own designated parking spot, ensuring hassle-free parking for all residents. The building features full copper plumbing and energy-efficient dual-pane windows, providing both durability and insulation. As you step onto the freshly paved asphalt driveway, you'll immediately notice the attention to detail and care put into this property. The doors on each unit have been recently updated and the newly applied stucco and fresh paint offer delightful curb appeal, while the new fascia and gutters enhance the overall aesthetic. Rest assured, the updates extend beyond the surface - the electrical system has been updated to meet modern standards. For added convenience, a community laundry facility is at the disposal of all residents, making laundry day a breeze. The front unit is a single family home comprising two bedrooms and one bathroom as well as its own water heater and laundry room. The 7-units in the back have a new commercial water heater and each unit has designated storage. Don't miss this incredible opportunity to invest in a well-maintained apartment building in the heart of Burbank, providing a comfortable and convenient living experience for tenants and passive income for you. Do not disturb tenants. Drive by Only. Inspection only with an accepted offer.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-03T00:28:54.443. 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 deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
www.romerohometeam.com/homes/143256857
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235 W Tujunga Avenue Burbank, CA 91502

  • Price: $3,150,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 148 min ago
  • ID#: P1-15007
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1962
Built
Neighborhood:
Not Applicable
County:
Los Angeles
Area:
610 - Burbank
Property Description
Welcome to your dream investment opportunity in Burbank! Located in a beautiful Rancho Adjacent neighborhood and within the highly rated Burbank Unified School District, this charming 8-unit apartment building is the epitome of comfort and convenience. Each unit boasts its own designated parking spot, ensuring hassle-free parking for all residents. The building features full copper plumbing and energy-efficient dual-pane windows, providing both durability and insulation. As you step onto the freshly paved asphalt driveway, you'll immediately notice the attention to detail and care put into this property. The doors on each unit have been recently updated and the newly applied stucco and fresh paint offer delightful curb appeal, while the new fascia and gutters enhance the overall aesthetic. Rest assured, the updates extend beyond the surface - the electrical system has been updated to meet modern standards. For added convenience, a community laundry facility is at the disposal of all residents, making laundry day a breeze. The front unit is a single family home comprising two bedrooms and one bathroom as well as its own water heater and laundry room. The 7-units in the back have a new commercial water heater and each unit has designated storage. Don't miss this incredible opportunity to invest in a well-maintained apartment building in the heart of Burbank, providing a comfortable and convenient living experience for tenants and passive income for you. Do not disturb tenants. Drive by Only. Inspection only with an accepted offer.
Exterior Features

Carport YN Yes Construction Materials StuccoCopper Plumbing Fencing BlockGood ConditionWrought Iron Lot Features Sprinklers None Number Of Separate Electric Meters 8 Parking Features Attached CarportAssigned Parking Total 8 Pool Features None Pool Private YN No Property Attached YN Yes Spa Features None Spa YN No View None View YN No

Interior Features

Appliances Gas CooktopGas Range Common Walls 2+ Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Heating YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Community Features BikingCurbs Garage YN No Gross Income 115960.68 Gross Scheduled Income 115960.68 Insurance Expense 3023 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 Exchange Net Operating Income 106110.45 New Construction YN No Number Of Separate Gas Meters 8 Number Of Separate Water Meters 0 Operating Expense 9850.23 Possession Close Of Escrow Property Condition Updated/Remodeled Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1996.3 Water Source Public Zoning Bur4



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-10-03T00:28:54.443. 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 deemed reliable but is not guaranteed accurate by the MLS or Romero Home Team | eXp Realty. Licensed in the State of California, USA.
 
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Romero Home Team | eXp Realty
865 Aerovista Pl, Suite 120
San Luis Obispo CA, 93401
Listing Agent(s): Amy Weber of Beverly And Company, Inc. ((818) 382-4160)