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3916 W Oak Street

Burbank, CA 91505
  • $2,450,000
  • STATUS: Active Under Contract
  • ON SITE: 50 Days
  • ID#: GD22175799
Under Contract
UPDATED: 69 min ago
$2,450,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Listing Agent(s): David Issaians of Keller Williams R. E. Services (818-432-3200) and Emil Akopian of Keller Williams R. E. Services(818-432-3200)


Description

6 Units Incredible purchase opportunity Superb Burbank location Adjacent to major studios Short distance to Toluca Lake First time on market in over 55 years!! Seller Purchased from original developer Impeccably maintained property TRUE PRIDE OF OWNERSHIP PROPERTY Tremendous Unit Mix Four 2 bedroomsTwo 1 Bedrooms (2+1s, and 1+1s) Large Unit sizes, avg over 1,000 sq ft Units all have dedicated parking Recently painted building, walkways, and stairways Driveway recently redone Fully leased with strong income

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-09-29T08:27:31.457. 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 Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
www.tolivebythesea.com/homes/131998186
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3916 W Oak Street Burbank, CA 91505

  • Price: $2,450,000
  • Status: Active Under Contract
  • On Site: 50 Days
  • Updated: 69 min ago
  • ID#: GD22175799
0
Beds
0
Baths
0
½ Baths
0.21
Acres
1953
Built
Neighborhood:
610 - Burbank
County:
Los Angeles
Area:
610 - Burbank
Property Description
6 Units Incredible purchase opportunity Superb Burbank location Adjacent to major studios Short distance to Toluca Lake First time on market in over 55 years!! Seller Purchased from original developer Impeccably maintained property TRUE PRIDE OF OWNERSHIP PROPERTY Tremendous Unit Mix Four 2 bedroomsTwo 1 Bedrooms (2+1s, and 1+1s) Large Unit sizes, avg over 1,000 sq ft Units all have dedicated parking Recently painted building, walkways, and stairways Driveway recently redone Fully leased with strong income
Exterior Features

Construction Materials Stucco Number Of Separate Electric Meters 6 Parking Total 6 Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition Spa Features None Spa YN No View None View YN No

Interior Features

Appliances Gas CooktopDisposalGas Oven Common Walls 1 Common Wall Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Carpet Heating Forced Air Heating YN Yes Interior Features Bedroom On Main Level

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest Community Apartment Community Features UrbanValley Garage YN Yes Gross Income 155940 Gross Scheduled Income 155940 Insurance Expense 3912 Land Lease YN No Laundry Features Common AreaOutside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 119030 New Construction YN No Number Of Separate Gas Meters 6 Number Of Separate Water Meters 6 Operating Expense 36910 Property Condition Updated/Remodeled Property Sub Type Apartment Rent Control YN Yes Senior Community YN No Sewer Sewer Tap Paid Special Listing Conditions Standard Trash Expense 0 Water Source Public Zoning Bur3*



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-09-29T08:27:31.457. 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 Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
 
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Beach City Brokers | BCB Premier Estates | The Miller Group
1716 South Catalina Avenue
Redondo Beach CA, 90277
Listing Agent(s): David Issaians of Keller Williams R. E. Services (818-432-3200) and Emil Akopian of Keller Williams R. E. Services(818-432-3200)