Burbank, CA 91502,260 W Linden AVE
Burbank, CA 91502,260 W Linden AVE
Burbank, CA 91502,260 W Linden AVE
$2,116,000
Est. payment /mo
$1,795,000
17.9%
Est.Price: ?

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9 Beds
8 Baths
3,928 SqFt
SOLD DATE : 12/23/2021

Key Details

Sold Price $2,116,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,928 sqft

Price per Sqft $538

MLS Listing ID 21791568

Sold Date 12/23/21

Bedrooms 9

HOA Y/N No

Year Built 1949

Lot Size 8,241 Sqft

Acres 0.1892

Property Description

The property is walking distance to several retailers, including the new IKEA center, Trader Joes, Walgreens, and more along Victory Boulevard. Also found within a short drive are Burbank High School, Griffith Park, the Los Angeles Zoo, Costco, the Burbank Town Center, and Burbank Empire Shopping Center. With the large four-bedroom house possibly delivered vacant, a new owner may choose to live in that residence while using the income generated by the additional units to help offset mortgage payments. Half of the units have been completely remodeled, featuring new wood flooring, recessed lighting, new cabinets and countertops, stainless steel appliances, and upgraded bathrooms. On-site laundry facilities provide an additional revenue stream for the owner. The property offers nearly 4,000 square feet of living space spanning over 8,200 square feet of land. The lot contains a four-bedroom single family home, and three additional income- producing units at the rear of the parcel. Tenants enjoy living on a tranquil residential street, the buildings spacious floorplans, and their access to ample on-site parking. Since 260 W Linden Avenue qualifies for residential financing, either a savvy investor or an owner-occupier would have the opportunity to reap the benefits of todays historically low financing interest rates.

Location

State CA

County Los Angeles

Area 610 - Burbank

Zoning BUR3*

Interior

Cooling CentralAir

Fireplace No

Exterior

Garage Assigned

Parking Type Assigned

Total Parking Spaces 8

Building

Story 2

New Construction No

Others

Senior Community No

Tax ID 5625011027

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Roderick 'Rick' Raymundo • Marcus & Millichap
Bought with Roderick 'Rick' Raymundo • Marcus & Millichap
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