We are proud to represent this 4unit apartment building in an excellent rental pocket in the heart of Burbank's Magnolia Park district. The location is a real draw for renters, as the property is situated on a quiet, treelined street in a neighborhood of $1mil+ homes. The building was constructed in 1947. Its unit mix consists of (4) one-bedroom, one-bathroom units. With a lot size of 6,249 square feet, the property has a total of 2,270 rentable square feet. Some of the highlights include hardwood floors, ceiling fans, and private garages. Tenants enjoy a garden style setting. All renters have paid through COVID and none of the renters currently have leases. The property is located in Burbank, which is a highly desirable rental market and is known as the media capital of the world. It is home to Disney Studios, Warner Brothers, and NBC. The city has over 80 restaurants, 30 movie screens, and 200 stores; its residents enjoy top ranked schools, easy access to the 5 and 134 freeways, and close proximity to the Burbank Metro Link. The property is separately metered for gas and electricity. An astute investor will take advantage of historic low interest rates and the increasing rental market.
MLS #
CRSR21230534
MLS Source
California Regional MLS
Buyer's Brokerage Compensation*
2.00
Laundry
Community Facility
Pool
None
Garage/Parking
Garage: 4 Car(s)
2711 W Clark Ave is a Residential Income in Burbank, CA 91505. This – square foot property sits on a 6,250 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,495,000 and was built in 1947.
This address can also be written as 2711 W Clark Ave, Burbank, CA 91505.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of May 03, 2023. For the most current information, please contact Cindy Hill