225 Valencia
Burbank, CA 91502

  • – beds
  • – baths
  • – sqft
  • 14,493 sqft lot
  • 1948 build
  • on site

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Actual address is 225 - 227 E. Valencia. NON-RENT CONTROL. Proforma can achieve 5.65 Cap. Property consist of Two Buildings on Two separate Lots. 5 Units per building - Garden style. Each building consist of (3) 1 bedroom +1 bath on ground level and (2) 2 bedroom +1 bath in back. Twin buildings with lush greenery and white wrought iron railings. (4) 1 car garages in rear, 2 open parking spots inside and plenty of street parking. Separate Laundry on premises with 1 washer and 1 dryer - coin operated and good size owner storage shed. Close to shopping, IKEA, transportation, Restaurants, Burbank mall, Hospital. Rents are well under market - long term tenants - good upside potential in non-rent control Burbank. Buildings are to be sold together.

California Regional MLS logo Listed By CRMLS_CA / Don Ivone / California R.E.Services

Last checked: Checking… • Last updated Apr 29, 2024 •

MLS# BB19187746 —

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Sale history

Date Event Source Price % Change
12/13/19
Sold CRMLS_CA $3,000,000
11/14/19
Pending CRMLS_CA $3,000,000
8/23/19
Sold Subject To Contingencies CRMLS_CA $3,000,000

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Multifamily Sold on 12/13/2019

$3,000,000

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Listing provided by broker:

Don Ivone

California R.E.Services

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and California R.E.Services. Based on information from California Regional Multiple Listing Service, Inc. as of 16:23 on May 10.

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