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Key Details
Sold Price $1,175,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,060 sqft
Price per Sqft $570
Subdivision Not Applicable-105
MLS Listing ID 320006611
Sold Date 08/13/21
HOA Y/N No
Year Built 1951
Lot Size 6,250 Sqft
Acres 0.1435
Property Description
We have been selected to exclusively market for sale 334-340 West Alameda, a potential 11 Unit Development, as well as a Value- Add Multifamily repositioning opportunity, in the epicenter of the entertainment capital of the world. The subject property is in close proximity to the Burbank Media District offering one of the highest concentrations of entertainment companies globally such as Walt Disney Company, Warner Bros., NBC, Cartoon Network, and Nickelodeon, and the famed Burbank Studios. 334-340 West Alameda consists of two parcels totaling 15,971 Square of Land Zoned BUR4*/R1H. This assemblage has the potential to build up to 11 Units By Right or convert the existing garages into a unit and the potential to add an ADU on top of the garage conversion. 334 West Alameda is a 3 Unit Triplex, built-in 1951, with a detached garage with a unit mix of (1) 2Br/1Ba, (2) 1Br/1Ba. Tenants are Month-to-Month **This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. buyer must verify the information and bears all risk for any inaccuracies.
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUR4*
Interior
Interior Features Balcony
Heating Wall Furnace
Flooring Wood
Fireplace No
Exterior
View Y/N Yes
View Mountain(s)
Private Pool No
Building
Entry Level Two
Architectural Style Traditional
Level or Stories Two
New Construction No
Others
Tax ID 5625019018
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Private
Special Listing Condition Standard
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Bought with Arin Gharibian • Re/Max Tri-City Realty
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