Burbank, CA 91506 1515 W Alameda Avenue
$1,999,000
Pending
30 more
Presented By: Sam Manoukian with DiversifiedPropertyInvestments; [email protected]
Beds • 8
Baths • 4
SQFT • 3,044
Garage • 4
Home Details
Invest in the ideal four-unit property just steps away from Walt Disney Studios and Warner Brothers Studios in the highly sought-after Burbank area. This well-maintained fourplex offers a fantastic unit mix featuring four 2-bedroom, 1-bath units. With a median household income of $91K in the vicinity, this property promises excellent demographics for your investment.
Enjoy the convenience of a hassle-free investment with easy management and pride of ownership. The seller is engaged in a 1031 Exchange, including the closure of another property, making this an opportune time to secure a valuable asset. For further details, reach out to the listing agent. Kindly refrain from visiting the property or disturbing tenants. Offers are subject to inspection. Don't miss out on this prime investment opportunity!
Presented By: Sam Manoukian with DiversifiedPropertyInvestments; [email protected]
Interior Features for 1515 W Alameda Avenue
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace FeaturesOutside, SeeRemarks
Fireplace Y/NYes
FlooringWood
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 1515 W Alameda Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityBurbank
Community FeaturesCurbs, Sidewalks
Contingency1031 exchange
CoolingWallWindowUnits
CountyLos Angeles
Days on Market51
DirectionsBUENA VISTA
Entry LocationFIRST
Garage Spaces4.0
Garage Y/NYes
Gross Income106140.0
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet6595.0
Lot Size UnitsSquareFeet
MLS Area610 - Burbank
MobileHomeRemainsYNNo
Net Operating Income79605.0
New ConstructionNo
Number of Units Leased3
NumberOfUnitsTotal4
Operating Expense26535.0
Pool FeaturesNone
Private PoolNo
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories1
Tax Lot14
TermsCash, CashtoNewLoan, Item1031Exchange
Trash Expense0.0
UtilitiesCableAvailable, CableConnected, ElectricityAvailable, ElectricityConnected, NaturalGasAvailable, PhoneAvailable, SewerConnected, WaterAvailable, WaterConnected
ViewNone
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1944
Year Built SourceAssessor
ZoningBUR4*
Exterior for 1515 W Alameda Avenue
Building Area Total3044.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesFrontYard, Lawn
Lot Size Acres0.1514
Lot Size Area6595.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking4.0
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480