Burbank, CA 91501,501 E HARVARD RD
Burbank, CA 91501,501 E HARVARD RD
Burbank, CA 91501,501 E HARVARD RD
$1,760,000
Est. payment /mo
$1,759,000
0.1%
Est.Price: ?

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3,360 SqFt
SOLD DATE : 01/13/2022

Key Details

Sold Price $1,760,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,360 sqft

Price per Sqft $523

MLS Listing ID GD21185134

Sold Date 01/13/22

HOA Y/N No

Year Built 1950

Lot Size 0.292 Acres

Acres 0.2925

Property Description

We are proud to present 501 E. Harvard Rd., Burbank. An amazing upside potential opportunity for investors. It is also perfect for an owner-occupied, buyer who wants to live in one of the units and collect rent on the other three. Since this property has 4-units, it qualifies for residential financing. This 4-unit multifamily property, built-in 1950, has a total building size of approximately 3,360 Sq. Ft. and sits on approximately 12741 Sq. Ft. lot. The building has unit mix, One unit is 2-Bedrooms, 1-1/2 Bathroom with bonus room (Approximately 1,150 Sq. ft.), Three units are 1-Bedroom, 1-Bathroom. This property is located in Burbank. Burbank is well known for being home to Walt Disney Studios and Warner Bros. Studios. The building location is easy to access to schools, restaurants, shopping, entertainment, freeway, and recreations. This property is an ideal candidate to take advantage of the large lot for the investor. This value-add opportunity has upside potential in rents. It is also individually metered for gas and electricity. Property is in nice condition.

Location

State CA

County Los Angeles

Area 610 - Burbank

Rooms

Ensuite Laundry SeeRemarks

Interior

Laundry Location SeeRemarks

Fireplace No

Laundry SeeRemarks

Exterior

Garage Carport, Garage

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features StreetLights, Sidewalks

Parking Type Carport, Garage

Total Parking Spaces 4

Private Pool No

Building

Lot Description Item01UnitAcre

Story One

Entry Level One

Sewer PublicSewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 2459039009

Acceptable Financing Cash, CashtoNewLoan, Conventional, Item1031Exchange

Listing Terms Cash, CashtoNewLoan, Conventional, Item1031Exchange

Financing CashtoNewLoan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Judy Stevens • Keller Williams Realty Encino-
Bought with Anthony Kerimian • Jack Kerimian, Real Estate Broker
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