Burbank, CA 91501,424 E Cedar Avenue
Listed by Tiffany Jennings • MCD Realty Inc.
$3,475,000
$3,800,000
8.6%
Est.Price: ?

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

18 BD
18 BA
1,918 SqFt

424 E Cedar Avenue Burbank, CA 91501

Est. payment /mo
SOLD DATE : 02/18/2022

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

Submit

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

Key Details

Sold Price $3,475,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 1,918 sqft

Price per Sqft $1,811

Subdivision Custom

MLS Listing ID 222000112

Sold Date 02/18/22

Bedrooms 18

Full Baths 18

Originating Board Conejo Simi Moorpark Association of REALTORS®

Year Built 1986

Lot Size 7,716 Sqft

Property Description

Excellent investment opportunity: 10-unit apartment community located in the highly sought-after City of Burbank. Its unit mix consists of (2) one-bedroom, one-bath and (8) two-bedroom, two-bath units. Tenants enjoy the walkability and ease of access to shopping, dining, schools, parks, entertainment, public transportation, and freeways I-5 and SR-134. Carefully maintained by owner of 25 years with upgrades along the way. Recent improvements include new composition shingle roof, kitchen cabinets & appliances, hardwood floors, ceramic tile, and exterior paint. This building also features copper plumbing, newer 100+ gallon water heater, 2 parking spots per unit in gate-controlled underground parking with gated exit to alley. Exterior lighting and secured entrance to front doors provide added safety to tenants. Tenants also enjoy either a private balcony or patio, gas fireplace, central air, and attractive grounds. Coin-operated laundry machines provide additional income to owner. Gas and electric are separately metered.

Location

State CA

County Los Angeles

Interior

Heating Central Furnace, Natural Gas

Cooling Central A/C, Electric, Gas

Flooring Carpet, Hardwood, Stone Tile

Fireplaces Type Other, Living Room, Gas

Laundry Community, Laundry Area

Exterior

Exterior Feature Balcony

Parking Features Alley Access, Controlled Entrance

Garage Spaces 20.0

View Y/N No

Building

Lot Description Automatic Gate

Story 2

Read Less


GET MORE INFORMATION

agent

Maureen Alphonso

Agent | License ID: 01734126

+1(805) 279-6885

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.