225 Valencia, Burbank

$3,000,000

0 Beds
0 Baths
6,634 Sqft
14,493 Lot Sqft
4 Garages

Actual address is 225 - 227 E. Valencia. NON-RENT CONTROL. Proforma can achieve 5.65 Cap. Property consist of Two Buildings on Two separate Lots. 5 Units per building - Garden style. Each building consist of (3) 1 bedroom +1 bath on ground level and (2) 2 bedroom +1 bath in back. Twin buildings with lush greenery and white wrought iron railings. (4) 1 car garages in rear, 2 open parking spots inside and plenty of street parking. Separate Laundry on premises with 1 washer and 1 dryer - coin operated and good size owner storage shed. Close to shopping, IKEA, transportation, Restaurants, Burbank mall, Hospital.
Rents are well under market - long term tenants - good upside potential in non-rent control Burbank.
Buildings are to be sold together.

Essential Information
MLS® #BB19187746
Price$3,000,000
Bathrooms0.00
Square Footage6,634
Lot Sqft14,493
Acres0.33
Year Built1948
TypeResidential Income
StatusActive Under Contract
No of Units10
Community Information
Address225 Valencia
AreaBurbank (BRB) (L)
CityBurbank
CountyLos Angeles
StateCA
Zip Code91502
Amenities
Parking Spaces6
# of Garages4
Interior
HeatingWall Heater, Natural Gas
CoolingWall or Window Units, Electric
Exterior
Lot Description0-1 Unit/Acre
Additional Information
Date ListedAugust 5th, 2019
Days on Market41
Listing Details
AgentDon Ivone(00949237)
OfficeCalifornia R.E.Services
Property History
Status Changed from Active to Active Under Contract
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Based on information from California Regional Multiple Listing Service, Inc. as of September 16th, 2019 at 11:25am CDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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