$775,000
$780,000
0.6%For more information regarding the value of a property, please contact us for a free consultation.
428 E CEDAR AVE Burbank, CA 91501
6,141 Sqft Lot
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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Bought with Jerry Armen • Team Rock Properties