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$1,475,000

Est. payment - /mo

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6 Beds

3 Baths

2,504 SqFt

New

1923 Grismer AVE Burbank, CA 91504

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Jessica Lam

jessica@irvinerealty.co +1(949) 368-0008

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,504 sqft

Price per Sqft $589

MLS Listing ID 225003754

Bedrooms 6

Full Baths 3

HOA Y/N No

Year Built 1923

Lot Size 6,398 Sqft

Property Description

***Do Not Disturb TenantsPrime North Burbank Multi Unit Property Seize the opportunity to own this 'rental income' property in North Burbank, . Positioned on a corner lot with off street parking, this property offers ease and comfort for tenants, making it highly attractive. Zoned R4 for High-Density Residential/Multi-Family, property.The property features a main house built in 1923 with 2 bedrooms, 1 bath, and approx. 884 sq. ft. of living space, equipped with convenient inside laundry hookups. Additionally, two rear units added in 1961, each with 2 bedrooms, 1 bath, and approx. 810 sq. ft.. Both units come with inside laundry hookups, a balcony for the upper unit, and a gated yard for the lower unit, providing desirable amenities for tenants. Main house has new permitted roof as of 2023..This 'Fixer-Upper' property offers potential for cosmetic enhancements and routine maintenance to align with the area's higher rental values.One unit of Duplex is currently Section 8.The location is convenient--directly across from Earth Walk Park, and with close proximity to schools, Burbank Airport and major freeways, tenants will appreciate the convenience and vibrant neighborhood. Buyer to confirm square footage. Submit offers with POF and Lenders Letter of Approval.

Location

State CA

County Los Angeles

Area 610 - Burbank

Zoning BUR4*

Interior

Heating Natural Gas, Wall Furnace

Flooring Carpet, Wood

Inclusions Stoves, Sheds.

Fireplace No

Appliance Gas Cooking, Disposal, Gas Water Heater, Refrigerator, Water Heater

Exterior

Parking Features Shared Driveway

Garage Spaces 5.0

Garage Description 5.0

Community Features Park

View Y/N No

Total Parking Spaces 5

Private Pool No

Building

Lot Description Corner Lot, Near Park, Paved, Rectangular Lot

Story 2

Entry Level Two

Foundation Raised, Slab

Sewer Public Sewer

Architectural Style Spanish

Level or Stories Two

Others

Senior Community No

Tax ID 2468014010

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Listed by Beverly Pelton eXp Realty of California Inc