Burbank, CA 91505,130 S Cordova ST

$1,322,000

Est. payment /mo

$1,450,000

8.8%
Est.Price: ?

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130 S Cordova ST Burbank, CA 91505

SOLD DATE : 11/30/2016

Key Details

Sold Price $1,322,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR16719436

Sold Date 11/30/16

HOA Y/N No

Year Built 1946

Property Description

Pride of ownership five unit non rent control apartment building located in the heart of the media district in Burbank that is within walking distance to Warner Brothers. Properties in this location rarely become available.
The building is a total of 2,976 square feet and is situated on a large 8,025 square foot lot. The units include (3) one bedroom one bath units and (2) studio units and was built in 1963. The rents are substantially below market and Burbank is not subject to rent control. The property has a nice courtyard feel and the back units have large backyards. Each tenant has their own garage and parking in front of the garage.
The city of Burbank is a highly desirable rental market and is know as the media capital of the world which is home to Disney Studios, Warner Brothers, Nickelodeon and NBC. The city has 80 different restaurants, 30 movie screens, and 200 shops. Residents enjoy top ranked schools, easy access to the 5 and 134 freeway, and close proximity tot he Burbank Metro link.
The property is separately metered for electricity.

Location

State CA

County Los Angeles

Area 610 - Burbank

Zoning BUR4*

Interior

Heating Floor Furnace

Fireplace No

Exterior

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Valley

Total Parking Spaces 5

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Others

Tax ID 2485024028

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash to Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Cindy Hill • Keller Williams Realty - Studi
Bought with Cindy Hill • Keller Williams Realty - Studi
agent

Christine Debra Menezes

Realtor | License ID: 02203279

+1(619) 845-4951

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