504 E Valencia AVE new Save Request In-Person Tour Request Virtual Tour
Burbank,CA 91501
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,048 sqft
Price per Sqft $419
MLS Listing ID 25529153
Bedrooms 8
HOA Y/N No
Year Built 1946
Lot Size 7,662 Sqft
Property Description
An opportunity to purchase a five (5) unit apartment building located in prime Burbank, resting in the hills above Glenoaks. The property was originally constructed in 1946 as a triplex featuring all 2-bedroom and 1-bathroom units with dual entrances. Later in 1986, the back duplex was constructed featuring all 1-bedroom and 1-bathroom units. This value-added opportunity features on-site laundry, on-site parking for 6 vehicles, secured access, individual hot water heaters, a new roof in 2024, and new electrical sub panels in 2025. The property will deliver 1-unit vacant providing flexibility for remodeling before renting or moving in. Burbank, known as the "Media Capital of the World", offers residents proximity to major entertainment studios such as Disney, Warner Brothers, and NBC. The city boasts over 80 restaurants, 30 movie theaters, and 200 stores, ensuring a vibrant lifestyle. Additionally, residents have easy access to top ranked schools and major freeways, enhancing connectivity and convenience.
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUR3YY
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Controlled Entrance
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5621029003
Special Listing Condition Standard