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$1,698,000

Est. payment - /mo

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1,848 SqFt

New

4001 W Clark AVE Burbank, CA 91505

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Frances Inda

frances.inda1@gmail.com +1(858) 753-3405

UPDATED:

10/28/2024 09:27 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,848 sqft

Price per Sqft $918

MLS Listing ID OC24222653

HOA Y/N No

Year Built 1947

Lot Size 4,769 Sqft

Property Description

Turnkey Burbank Duplex (R2 Zoning)! Prime residential investment property just blocks from film studios in Burbank. Single-story attached duplex with separate front porch entrances and separate utilities services. This meticulously maintained property was leveraged as a partial investment for the seller. All work major work was permitted. The addition was built in 2003 with a new roof added in 2021. The primary unit is a spacious 2-bed / 2-Bath home with spa-inspired master bath and private outdoor yard/living space. The secondary unit is an extremely functional 1-bed / 1-bath unit with a private outdoor patio. Both units have separate street-front porches. There is an attached 2-car garage. This special property is perfect for growing families looking for extra rental income, long-term investors (including 1031), or aging families needing on-site caretakers. The main unit features a cozy living room with gas/wood burning fireplace, custom built-in cabinets and natural hardwood floors. Entertain friends and family in the nicely updated kitchen with granite counters, stainless appliances, gas stove, and quality cabinets. Adjacent to the kitchen is the office nook and interior laundry closet that will accommodate side-by-side or stackable units. The dining room features french doors that lead into the private and spacious outdoor space with covered seating/dining area and yard. Relax and unwind in the spacious master suite with huge walk-in closet and spa-inspired bathroom. The bathroom features a massive walk-in shower with shower systems, clawfoot tub, custom tilework, and dual vanity. The secondary guest unit is fully updated and move-in ready. The front porch welcomes you into the living room that flows nicely through the breakfast nook and into the kitchen. This kitchen features fresh white cabinets, granite counters, and stainless appliances (gas stove). There is an in-unit stackable laundry closet and a massive walk-in bedroom closet. Both living units have separate tankless water heaters, separate heating/ac units, and separate electrical meters. Windows are dual pane Milgard brand. Estimated monthly rent value for the 1bedroom unit ranges $2,400-$2,600 per month. Estimated monthly rent value for the larger main unit ranges $4,600-$4,800.

Location

State CA

County Los Angeles

Area 610 - Burbank

Zoning R2

Rooms

Ensuite Laundry Laundry Closet

Interior

Laundry Location Laundry Closet

Heating Central, Fireplace(s)

Cooling Central Air

Fireplace No

Laundry Laundry Closet

Exterior

Fence Block

Community Features Park

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected

Roof Type Composition

Present Use Residential

Building

Lot Description 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard, Lawn, Landscaped, Level, Near Park, Near Public Transit, Rectangular Lot, Sprinkler System, Street Level, Yard

Story 1

Water See Remarks

Others

Tax ID 2481006013

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

Listed by Matt Whitcomb • Coldwell Banker Realty • 949-560-0959

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Frances Inda

Realtor | License ID: 01785933

+1(858) 753-3405

Frances Inda

4001 W Clark AVE Burbank, CA 91505

Frances Inda

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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4001 W Clark AVE