Burbank, CA 91501,428 E CEDAR AVE

$775,000

Est. payment /mo

$780,000

0.6%
Est.Price: ?

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428 E CEDAR AVE Burbank, CA 91501

6,141 Sqft Lot

SOLD DATE : 11/30/2015

Key Details

Sold Price $775,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 15938925

Sold Date 11/30/15

HOA Y/N No

Year Built 1922

Lot Size 6,141 Sqft

Property Description

Perfect for Owner/Occupant wanting upside potential! Half mile from Burbank media center, 1 mile from studio. Build condos or apartment units (Buyer to investigate). Triplex zoned Burbank R4 and primed for development. Plenty of upside in the rents. This part of Burbank is developing quickly.North of Glenoaks Blvd in a quiet up and coming area of Media City.Similar four unit properties are selling for as much as $1,750,000 fully developed! Recently lender-appraised for $780,000. DO NOT DISTURB TENANTS. Will show with an accepted offer.

Location

State CA

County Los Angeles

Area 610 - Burbank

Zoning BUR4*

Interior

Fireplace No

Appliance Dryer, Washer

Exterior

Parking Features Door-Multi, Driveway, Garage

Total Parking Spaces 4

Building

Story 1

Others

Tax ID 5621024009

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Dean Flowers • Keller Williams Realty Downtow
Bought with Jerry Armen • Team Rock Properties
agent

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

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