$1,900,000
$1,899,000
0.1%For more information regarding the value of a property, please contact us for a free consultation.
6,503 Sqft Lot
SOLD DATE : 06/18/2024
Key Details
Sold Price $1,900,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID BB24061437
Sold Date 06/18/24
HOA Y/N No
Year Built 1940
Lot Size 6,503 Sqft
Property Description
Welcome to 3807 W Victory Blvd. This lovely, immaculately maintained fourplex is located in the heart of Burbank. With only several owners since its construction in 1940, the property holds historical value, reflecting its resilience and attractiveness as a long-term investment. This property presents an amazing opportunity to own a piece of rental property in the sought-after media capital of Los Angeles. Ideally located, a sought-after area known as the media capital of Los Angeles, the property offers proximity to major studios such as Disney, Warner Bros, and Universal Studios. It's also close to amenities like parks, schools, transportation hubs, St. Joseph Hospital, Hollywood/Burbank Airport, and Downtown Burbank.
The property boasts long-term tenants, ensuring a steady rental income stream. The mix of units, including a 4-bedroom, 2-bath home in the front and a gated triplex at the rear, caters to a diverse tenant demographic, enhancing income stability. Property Features: The 4-bedroom, 2-bath front home exudes curb appeal and retains its original charm with tile flooring. The triplex at the rear, constructed in the late 1980s, offers a variety of unit sizes (2-bedroom/2-bath, 2-bedroom/1-bath, and 1-bedroom/1-bath) to attract different tenants. All units are equipped with central heating and air conditioning, newer water heaters, double-paned windows, and an automatic sprinkler system. Parking and Amenities: The property provides ample parking space with 7 spots, 6 of which are covered. Additional storage areas and a separate coin-operated washer and dryer area contribute to the convenience and attractiveness of the property along with additional income.
Prospective buyers are urged to respect the privacy of the existing tenants and refrain from disturbing them during viewings or inquiries.
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUR4*
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Dryer, Washer
Laundry Common Area
Exterior
Carport Spaces 7
Pool None
Community Features Sidewalks, Urban
Total Parking Spaces 7
Private Pool No
Building
Lot Description Front Yard, Sprinklers In Front
Story 2
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2463003014
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard, Trust
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Bought with Vahan Saroians • Keller Williams Realty Los Feliz