Burbank, CA 91502,225 W Alameda AVE
$7,000,000
$6,995,000
0.1%
Est.Price: ?

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0.78 Acres Lot

225 W Alameda AVE Burbank, CA 91502

Est. payment /mo
SOLD DATE : 02/24/2022

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Key Details

Sold Price $7,000,000

Property Type Apartment

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID AR21197947

Sold Date 02/24/22

HOA Y/N No

Year Built 1951

Lot Size 0.785 Acres

Property Sub-Type Apartment

Property Description

An incredible opportunity to own this beautiful asset in the City of Burbank, the "media capital of the world." This property offers 24 units offering 8- two bedrooms and 16 one bedrooms units with great rental upside. Located in close proximity to Walt Disney Studios, Warner Brothers Entertainment,Nicklelodeon Animation Studios, the Burbank Studios, Cartoon Network and Insomnia Games. The increasingly popular Burbank Airport is close by and services the Greater Los Angeles area, Glendale, Pasadena and San Fernando Valley areas. Because of these, couple with high quality public schools and regional transportation make these units a high rental demand as proven by the 4.8% increase in population between 2000-2016. Units like these are few and far in between, so don't miss out and submit your offers! Information are deemed reliable but not verified. Buyers &/or their agents are encouraged do to their own due diligence and investigation specially with all the numerical representations in this listing including but not limited to square footage, income and expenses. All information deemed to be reliable but not guaranteed or verified. Important - Please see remarks.

Location

State CA

County Los Angeles

Area 610 - Burbank

Zoning BUR4*

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 24.0

Garage Description 24.0

Pool None

Community Features Curbs, Street Lights, Sidewalks

Total Parking Spaces 24

Private Pool No

Building

Story 2

Entry Level Two

Sewer Public Sewer

Water Private

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2451034024

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Cash

Special Listing Condition Standard

Lease Land No

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CRMLS – RECore
Listed by Dorothy Arrieta DPP
Bought with Mark Konopaske Mark Konopaske
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agent

Sandy Dabbs

Agent | License ID: 02120617

+1(714) 287-9983

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