Burbank, CA 91506 924 W Clark Avenue
$1,695,000
4 more
Presented By: Richard Murray with Rick Murray Real Estate Services; 661-713-7800
- MLS# SR24166746
- 08/15/2024
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 4
Baths • 2
SQFT • 2,838
Garage • 1
Home Details
Never Been Offered for Sale! This is a 4-plex on a 6,178 sq/ft lot, located in prime, desirable area of Burbank. These 4 units are within walking distance to George Izay Park, Walt Disney Elementary School, shopping amenities, entertainment studios like Nickelodeon, Warner Bros. and Disney. Not to mention access to the 5 and 134 freeways and even closer to LA Equestrian Center Rents are significantly below market value, which creates an opportunity to have significant improvements in rental income. These 4 units on one lot consist of Two, 2 bedrooms and Two 1 bedrooms with a total of 6 bedrooms and 6 bathrooms per county records. Each unit has its own gas and electric and A/C units. Situated in a Prime rental district, the location ensures strong rental demand with the proximity to even, Starbucks. Lots of potential for owner / user wanting tenants to help with the mortgage, or investors look for great upside potential. Approved Plans to ADD 2+2 ADU in the back parking area. Call for more details. IMPORTANT that you do not disturb the residents an anyway, Please!
Presented By: Richard Murray with Rick Murray Real Estate Services; 661-713-7800
Interior Features for 924 W Clark Avenue
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesAllBedroomsDown
Laundry FeaturesInside, SeeRemarks
Total Stories2
Other Rooms
Entry Level1
General for 924 W Clark Avenue
AccessibilityNoStairs
Additional Parcels Y/NNo
AppliancesGasWaterHeater
Architectural StyleTraditional
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces4.0
Carport Y/NYes
CityBurbank
Community FeaturesCurbs, StreetLights, Sidewalks, Park
Construction MaterialsStucco
ContingencyPRIVATE REMARKS: All offers must include proof of funds and Pre-Approval for any financing. The winning Buyer(s) to CROSS QUALIFY with listing Broker. Listing Broker is also a Broker Associate with C
CoolingWallWindowUnits
CountyLos Angeles
Current FinancingNone
DirectionsMajor cross streets Victory & Olive. Clark is off Victory before Olive Ave. 2nd unit of Left
ElectricStandard
Entry Location1
Facing DirectionNorthwest
Garage Spaces1.0
Garage Y/NYes
Gross Income3000.0
HOANo
HOA Fee$0.0
HeatingNaturalGas
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToNewLoan
Lot Size Square Feet6178.0
Lot Size UnitsSquareFeet
MLS Area610 - Burbank
MobileHomeRemainsYNNo
Net Operating Income72540.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Ok to LeaseMonthToMonth
Operating Expense5460.0
Pool FeaturesNone
PossessionCloseOfEscrow
PostalCityBURBANK
Property Attached Y/NYes
Property ConditionUpdatedRemodeled
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofSpanishTile
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard, Trust
Standard StatusActive
StatusActive
Stories Count1
Tax Lot30
Tenant PaysAllUtilities
Total Actual Rent6900.0
Trash Expense0.0
UtilitiesCableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected, WaterConnected
ViewNone
Water Sewer Expense0.0
Year Built1949
Year Built SourceAssessor
ZoningBUR4*
Exterior for 924 W Clark Avenue
Building Area Total2838.0
Crops Included Y/NNo
FencingGoodCondition, WroughtIron
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions6178
Lot FeaturesLevel, NearPark, NearPublicTransit, StreetLevel
Lot Size Acres0.1418
Lot Size Area6178.0
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters4
Parking FeaturesAssigned, Covered
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking5.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate