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2583 N Lincoln ST Burbank, CA 91504
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Key Details
Sold Price $1,619,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID BB22188314
Sold Date 11/01/22
HOA Y/N No
Year Built 1951
Lot Size 6,459 Sqft
Property Description
The is an ideal opportunity for an investor to acquire a stable investment four units property with great rental income in a market that is poised for continued growth. 100% occupied four-plex with long-term tenants. This great property situated in Burbank is centrally located and it offers 4 units, 1 unit offers 2 bedrooms 1 bath with central air/heat, and 3 other units offer 1 bedroom and 1 bath. Shared fenced backyard, Common laundry room has owned coin-op washer and dryer. Very quiet location near Glenoaks and Buena Vista in Burbank. One unit has been remodeled. (2) two car Garages are accessible via alleyway and feature automatic doors. (2) two-car garages with potential for possible conversion to ADU for more income (buyers to do due diligence).
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUR3*
Interior
Interior Features All Bedrooms Down
Cooling Central Air, Wall/Window Unit(s)
Flooring Wood
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Disposal, Gas Range, Gas Water Heater, Refrigerator, Dryer, Washer
Laundry Common Area, In Garage
Exterior
Parking Features Assigned
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Foothills, Street Lights
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Available, Water Connected
View Y/N Yes
View City Lights
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre, Near Public Transit, Sprinklers Timer, Sprinklers On Side, Sprinkler System, Yard
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 2473017002
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Armen Vartanians Prodigy Realty Group Inc.
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