234 N Cordova Street

    Burbank, CA 91505
    • $1,498,000
    • STATUS: Active Under Contract
    • ON SITE: 79 days
    • ID#: SR18231185
    Under Contract
    UPDATED: 27 min ago
    $1,498,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,558
      SQFT
    • $421
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1930
    County:

    School Ratings & Info

    Description

    Welcome to this rare 4 unit, non rent controlled 1930s Spanish Style apartment building in prime Burbank. With each unit being approximately 850+ square feet, and a total building square footage of approx. 3,558 square feet, properties like this rarely become available. This property is zoned BUR4* and is fully occupied. Each unit consists of a 1 bedroom/1 bathroom with private indoor laundry room. Charming features such as high coved ceilings and fireplace. An upstairs unit has French doors opening to a private balcony. Additionally, each unit is separately metered for gas and electricity. Water and sewer are on a shared meter. Sewer is billed to the individual units. Water is billed to owner. Detached 4 car garage + ample parking. This is a great opportunity for a small investor, owner who wants to live in one unit and rent the others, or a seasoned investor who would like to add a piece of Burbank charm to their portfolio! Located in the media capital of the world and home to Warner Brothers Studios, Disney Studios, Nickelodeon Studios, and NBC! Burbank has over 80 restaurants, with the Lakeside Golf Club and Equestrian Center close by. Top ranked schools, easy access to the 5 and 134 freeway, and close proximity to the Burbank Metrolink.

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    Based on information from CARETS as of 2018-12-10T19:50:47.443. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.scvnest.com/homes/87844605

    234 N Cordova Street Burbank, CA 91505

    • Price: $1,498,000
    • Status: Active Under Contract
    • Updated: 27 min ago
    • ID#: SR18231185
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,558
    SQFT
    $421
    $/SQFT
    1930
    Built
    Neighborhood:
    Burbank (610)
    County:
    Los Angeles
    Area:
    Burbank (610)
    Property Description
    Welcome to this rare 4 unit, non rent controlled 1930s Spanish Style apartment building in prime Burbank. With each unit being approximately 850+ square feet, and a total building square footage of approx. 3,558 square feet, properties like this rarely become available. This property is zoned BUR4* and is fully occupied. Each unit consists of a 1 bedroom/1 bathroom with private indoor laundry room. Charming features such as high coved ceilings and fireplace. An upstairs unit has French doors opening to a private balcony. Additionally, each unit is separately metered for gas and electricity. Water and sewer are on a shared meter. Sewer is billed to the individual units. Water is billed to owner. Detached 4 car garage + ample parking. This is a great opportunity for a small investor, owner who wants to live in one unit and rent the others, or a seasoned investor who would like to add a piece of Burbank charm to their portfolio! Located in the media capital of the world and home to Warner Brothers Studios, Disney Studios, Nickelodeon Studios, and NBC! Burbank has over 80 restaurants, with the Lakeside Golf Club and Equestrian Center close by. Top ranked schools, easy access to the 5 and 134 freeway, and close proximity to the Burbank Metrolink.
    Exterior Features

    Building Structure Style Spanish Common Walls Attached Doors French Doors Exterior Construction FrameStucco Foundation Details Raised Foundation Garage Spaces Total 4.0 Lot Description CurbsGuttersSidewalksBack YardFront YardLandscapedLawnLot-Level/FlatYard Open Other Spaces Total 8 Other Structural Features Balcony Parking Type GarageOther Pool Descriptions No Pool Roofing Flat Roof Spa Descriptions None View No View

    Interior Features

    Appliances DishwasherGarbage Disposal Cooking Appliances Range Cooling Type Wall Or Window Units Fireplace Features Other Fireplace Fuel Electric Fireplace Rooms Living RoomOther Fireplace YN Yes Floor Material LaminatedOtherStone Tile Heating Type Floor FurnaceWall HeaterOther Kitchen Features Ceramic CountersTile Counters Laundry Locations InsideOther - See Remarks Rooms OtherLiving Room Square Footage1 Bedroom 885 Total Floors 2 Unit Number Of Bath01 1.0 Unit Number Of Bath02 1.0 Unit Number Of Bath03 1.0 Unit Number Of Bath04 1.0 Unit Number Of Bed01 1 Unit Number Of Bed02 1 Unit Number Of Bed03 1 Unit Number Of Bed04 1

    Property Features

    Actual Rent Total 6645.00 Country United States Of America Exclusions Tenants Personal Property is Hereby Excluded in its Entirety. Expense Insurance 4200.00 Expense Operating 23125.00 Expense Tax 18725.00 Expense Total Annual 24325.00 Expense Trash 0.00 Expense Water 1200.00 Gross Scheduled Income 79740.00 Hoa YN N Listing Terms CashCash To New LoanConventional Lot Size Source Public Records Monthly Gross Income 79740.00 Net Operating Income 56615.00 Number Electric Meters 4 Number Gas Meters 4 Number Of Buildings 1 Number Water Meters 0 Special Conditions Standard Sale Unit Monthly Rent01 1595.00 Unit Monthly Rent02 1800.00 Unit Monthly Rent03 1625.00 Unit Monthly Rent04 1625.00 Unit Projected Total Monthly Rent01 1800.00 Unit Projected Total Monthly Rent02 1800.00 Unit Projected Total Monthly Rent03 1800.00 Unit Projected Total Monthly Rent04 1800.00 Unit Total Monthly Rent01 1595.00 Unit Total Monthly Rent02 1800.00 Unit Total Monthly Rent03 1625.00 Unit Total Monthly Rent04 1625.00 Unit Type01 1 Unit Type02 1 Unit Type03 1 Unit Type04 1 Units Total In Complex 4 Water Water DistrictPublic Zoning Bur4*

    Listing provided courtesy of Stephanie Vitacco DRE#00985615 of Keller Williams Encino-Sherman.


    Based on information from CARETS as of 2018-12-10T19:50:47.443. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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