CA > Burbank
Burbank, CA 91501,632 E Magnolia BLVD

$1,475,000

Est. payment /mo

$1,475,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

632 E Magnolia BLVD Burbank, CA 91501

SOLD DATE : 09/29/2016

Key Details

Sold Price $1,475,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID BB16089638

Sold Date 09/29/16

HOA Y/N No

Year Built 1924

Property Description

BOM.....No fault of property....Buyer was unable to finalize loan.............Great location close to transportation, shopping, entertainment and downtown Burbank...5 unit complex with some upside rent potential...all units are currently occupied on month to month contracts, some long term tenants...rear house (laundry room, updated kitchen) blt in 1924...front house (hardwood floors, updated kitchen, laundry room, central heat/air, den, dual pane windows and more) and triplex (updated windows, updated kitchens and baths) blt in 1940's....hardwood floors in four units, property is in good condition....all units have copper plumbing and updated electrical...hardwood floors in most units...all units furnished with stove, microwave...all kitchens have been updated...two storage sheds...tremendous opportunity for investors or owner occupied buyers....all units have been well maintained resulting in negligible capital outlay necessary from buyer...PLEASE DO NOT ENTER THE PROPERTY OR DISTURB TENANTS!!! SUBJECT TO CANCELLATION OF PRIOR ESCROW.

Location

State CA

County Los Angeles

Area 610 - Burbank

Interior

Heating Central, Wall Furnace

Cooling Central Air, Wall/Window Unit(s)

Fireplace No

Laundry Common Area, Laundry Room

Exterior

Parking Features Assigned, Garage, Uncovered

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks

Utilities Available Sewer Available

Total Parking Spaces 7

Private Pool No

Building

Story Two

Entry Level Two

Water Public

Level or Stories Two

Others

Senior Community No

Tax ID 2455031004

Acceptable Financing Cash, Conventional, Fannie Mae, Submit

Listing Terms Cash, Conventional, Fannie Mae, Submit

Financing Conventional

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit
John Vogel

John Vogel

+1(760) 712-2437

Our team is ready to help you sell your home for the highest possible price ASAP

California Regional MLS (CRMLS)
Listed by Doyle Barnes • Dilbeck Real Estate
Bought with Cindy Hill • Keller Williams Realty - Studi
agent

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to (1) the Electronic Disclosure Consent; (2) receive recurring marketing communication from or on behalf of John Vogel, including auto-dialed calls, texts, and prerecorded messages (consent not required to make a purchase; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for help); and (3) the Terms of Service and Privacy Policy of this website. I understand that I can call +1(760) 712-2437 to obtain direct assistance.

I agree to the Terms of Service & Privacy Policy of this website and consent to receive emails, calls, and/or text messages from John Vogel and his designated representatives. I understand that my information will not be used for purposes beyond my consent or sold to another party. Text communication may include real estate information and other marketing content. I understand that I do not have to consent to these Terms of Service & Privacy Policy in order to purchase a property, goods, or services.