$995,000
$929,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
1916 N Ontario ST Burbank, CA 91505
5,662 Sqft Lot
Key Details
Sold Price $995,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID BB19212801
Sold Date 11/13/19
HOA Y/N No
Year Built 1951
Lot Size 5,662 Sqft
Property Description
Drive By Only, Do Not Go On Property, and Do Not Disturb the Tenants! Property is to be sold in "as-is" condition. Property is located in the City of Burbank with No Rent Control! This charming single story garden style triplex has a beautifully quaint courtyard, and is located in a wonderful area of Burbank! It is located across the street of a elementary school, close by a park, and minutes from the Burbank Airport. The property consists of (2x) 2 Bedrooms 1 Bathroom (one of these has an additional bonus room), and (1x) 1 Bedroom 1 Bathroom. The units are all spacious, and with some proper attention and clean up, they will command a premium in rents! 2 units are currently vacant, and the only tenant is on month-to-month tenancy. There is massive upside potential with this property! At the rear of the property there is a 2 car garage and a 1 car garage, as well as a community laundry room and small storage room as well! The exterior has also been recently painted. Opportunities like this are rare, and do not come along very often! This is a great opportunity for a first time investor, a landlord to build their wealth, or for a owner-user to live in one, and rent the others! Buyer to verify all data. All income and expense data will be provided prior to all buyers who submit qualified offer, and before acceptance. Please write all offers subject to inspections, and physical inspection of the property is subject to receipt of an acceptable offer.
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUR3*
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs, Sidewalks
Total Parking Spaces 3
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 2463011014
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash
Special Listing Condition Trust
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Bought with Kenneth Barnes • Keller Williams WMC