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924 W Clark Avenue

Burbank, CA 91506
  • $1,699,000
  • STATUS: Active
  • ON SITE: 215 Days
  • MLS #: SR24166746
Price Reduced
UPDATED: 57 min ago
$1,699,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1949
County:

School Ratings & Info

Listing Agent(s): Richard Murray of Rick Murray Real Estate Services (661-568-8033)


Description

Never Been Offered for Sale! This is a 4-plex on a 6,178 sq/ft lot, located in prime, desirable area of Burbank. These 4 units are within walking distance to George Izay Park, Walt Disney Elementary School, shopping amenities, entertainment studios like Nickelodeon, Warner Bros. and Disney. Not to mention access to the 5 and 134 freeways and even closer to LA Equestrian Center Rents are significantly below market value, which creates an opportunity to have significant improvements in rental income. These 4 units on one lot consist of Two, 2 bedrooms and Two 1 bedrooms with a total of 6 bedrooms and 6 bathrooms per county records. Each unit has its own gas and electric and A/C units. Situated in a Prime rental district, the location ensures strong rental demand with the proximity to even, Starbucks. Lots of potential for owner / user wanting tenants to help with the mortgage, or investors look for great upside potential. Call for more details. IMPORTANT that you do not disturb the residents an anyway, Please!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T15:34:37.537. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/153680500
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924 W Clark Avenue Burbank, CA 91506

  • Price: $1,699,000
  • Status: Active
  • On Site: 215 Days
  • Updated: 57 min ago
  • MLS #: SR24166746
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1949
Built
Neighborhood:
610 - Burbank
County:
Los Angeles
Area:
610 - Burbank
Property Description
Never Been Offered for Sale! This is a 4-plex on a 6,178 sq/ft lot, located in prime, desirable area of Burbank. These 4 units are within walking distance to George Izay Park, Walt Disney Elementary School, shopping amenities, entertainment studios like Nickelodeon, Warner Bros. and Disney. Not to mention access to the 5 and 134 freeways and even closer to LA Equestrian Center Rents are significantly below market value, which creates an opportunity to have significant improvements in rental income. These 4 units on one lot consist of Two, 2 bedrooms and Two 1 bedrooms with a total of 6 bedrooms and 6 bathrooms per county records. Each unit has its own gas and electric and A/C units. Situated in a Prime rental district, the location ensures strong rental demand with the proximity to even, Starbucks. Lots of potential for owner / user wanting tenants to help with the mortgage, or investors look for great upside potential. Call for more details. IMPORTANT that you do not disturb the residents an anyway, Please!
Exterior Features

Architectural Style Traditional Carport Spaces 4 Carport YN Yes Construction Materials Stucco Direction Faces Northwest Entry Level 1 Entry Location 1 Fencing Good ConditionWrought Iron Lot Features LevelNear ParkNear Public TransitStreet Level Number Of Separate Electric Meters 4 Parking Features AssignedCovered Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Spanish Tile Spa Features None Spa YN No View None View YN No

Interior Features

Accessibility Features No Stairs Appliances Gas Water Heater Common Walls 1 Common Wall Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Heating Natural Gas Heating YN Yes Interior Features All Bedrooms Down

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest Community Apartment Community Features CurbsStreet LightsSidewalksPark Contingency PRIVATE REMARKS: All offers must include proof of funds and Pre-Approval for any financing. The winning Buyer(s) to CROSS QUALIFY with listing Broker. Listing Broker is also a Broker Associate with C2 Financial at No cost OR Obligation to Buyer. Building expenses are very low. Call listing agent for more information. DO NOT APPROACH OR DISTURN THE TENANTS. Buyer to verify ALL MLS informationincluding but not limited to lot/tract codespermitsbed/bath countsyear builtall square footagezoning Current Financing None Electric Standard Garage YN Yes Gross Income 3000 Gross Scheduled Income 78000 Insurance Expense 0 Land Lease YN No Laundry Features InsideSee Remarks Lease Term Month To Month Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Net Operating Income 72540 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Number Of Units Leased 4 Operating Expense 5460 Possession Close Of Escrow Property Condition Updated/Remodeled Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions StandardTrust Tenant Pays All Utilities Total Actual Rent 6900 Trash Expense 0 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedWater Connected Water Sewer Expense 0 Water Source Public Zoning BUR4*



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-18T15:34:37.537. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Richard Murray of Rick Murray Real Estate Services (661-568-8033)