428 Cedar Avenue, Burbank, CA 91501
-
Sold Price :
$1,300,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1922
Property Description
If you're a real estate investor looking for an exciting opportunity, you won't want to miss this one!
TRIPLEX located in a great area above Glenoaks in Burbank. This investment property offers many desirable features.;
FRONT UNIT #428 has 1 bd/1 bth, been recently rented for $1990 (one year lease until April of 2024). This unit has been remodeled about 2 years ago with newer floors, recessed lighting, newer kitchen cabinets, granite countertop, appliances, updated bathroom., copper plumbing.
UNIT # 428 1/2 and UNIT # 430 have 1 Bd/1 bth each, currently occupied with long term tenants on month to month basis. Rents are lower but has great potential to be increased after May 1st. 2023. Unit # 430 is detached from front duplex and has separate access and driveway from the alley in the back. There is also great opportunity to convert the garage into an ADU. Currently one car garage being used by the owner as a storage. Tenants are using front and back driveways, one space for each tenant.
With all of these amazing qualities combined, it's no surprise that this property won't be on the market for long. Don't miss your chance to own real estate investment in Burbank today!
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Interior Information |
| Cooling Type |
Wall/Window Unit(s) |
Listing Information
| Address |
428 Cedar Avenue |
| City |
Burbank |
| State |
CA |
| Zip |
91501 |
| County |
Los Angeles |
| Listing Agent |
Angela Julfayan DRE #01086029 |
| Co-Listing Agent |
Eva Julfayan DRE #02130833 |
| Courtesy Of |
Coldwell Banker Hallmark |
| Close Price |
$1,300,000 |
| Status |
Closed |
| Type |
Residential Income |
| Subtype |
Triplex |
| Structure Size |
N/A |
| Lot Size |
6,135 |
| Year Built |
1922 |
Listing information courtesy of: Angela Julfayan, Eva Julfayan, Coldwell Banker Hallmark. *Based on information from the Association of REALTORS/Multiple Listing as of May 23rd, 2023 at 1:24 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
