214 E Cedar Avenue, Burbank

$1,725,000

2 Beds
1 Baths
3,728 Sqft
7,028 Lot Sqft
4 Garages

This is a 4-unit no-rent control apartment building at 214-216 E. Cedar Avenue, in the city of Burbank California. Situated in a prime location the property comprise of four two-bedroom and one bathroom units, that together come to 3,728 square feet of rentable space on 7,028 square feet of land. Built in 1928 this complex has been well maintained and offers four garages. The roof, plumbing and all windows were upgraded approximately ten years ago. Furthermore, the property is separately metered for gas and electricity. In addition, each unit offers hook-ups for washer and dryer, tankless water heater and wall-unit AC and Heat. Located east of San Fernando Boulevard, this complex is within walking distance to the famous IKEA Burbank Home Furnishings, restaurants, retailers and downtown Burbank. Furthermore, the building sits mere minutes from the 134 and 5 Freeways.

The property’s prime location, coupled with immediate upside potential, make it a fantastic investment opportunity.

Essential Information
MLS® #SR19054835
Price$1,725,000
Bedrooms2
Bathrooms1.00
Square Footage3,728
Lot Sqft7,028
Acres0.16
Year Built1928
TypeResidential Income
StatusActive
No of Units4
Community Information
Address214 E Cedar Avenue
AreaBurbank (BRB) (L)
CityBurbank
CountyLos Angeles
StateCA
Zip Code91502
Amenities
Parking Spaces4
# of Garages4
Interior
HeatingForced Air
Exterior
Lot DescriptionBack Yard
Additional Information
Date ListedMarch 11th, 2019
Days on Market69
ZoningBUR4*
Listing Details
AgentReza Ghobadi(01780045)
OfficeReza Ghobadi
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Based on information from California Regional Multiple Listing Service, Inc. as of May 20th, 2019 at 5:52pm 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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