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627 E Magnolia BLVD Burbank, CA 91501
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Key Details
Sold Price $2,399,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS22080968
Sold Date 08/11/22
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1917
Lot Size 8,637 Sqft
Property Sub-Type Apartment
Property Description
Prime Burbank location! First time on the market in almost 40 years. Situated just a few blocks north of downtown Burbank is this rare 7 unit apartment complex with gated pool on a large lot. (6) units are 1 bed/1 bath and (1) unit is 2 bed/1bath. Property comprised of 3 separate buildings. On-site laundry bring in additional income. Total 11 parking spaces. Below market rents with tremendous upside potential. Please do not disturb tenants.
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUR4*
Interior
Heating Floor Furnace, Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Common Area, Laundry Room
Exterior
Parking Features Assigned
Carport Spaces 4
Pool Community, Fenced
Community Features Street Lights, Sidewalks, Pool
Total Parking Spaces 11
Private Pool No
Building
Lot Description 6-10 Units/Acre
Faces Southeast
Story 2
Entry Level One,Two
Sewer Public Sewer
Water Public
Level or Stories One, Two
New Construction No
Construction Status Repairs Cosmetic
Others
Senior Community No
Tax ID 2455034009
Energy Description 1056.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Artak Dovlatyan Specialized Realty
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