See Home Value
$758,737*
Multifamily - Off Market

1205 W Burbank Boulevard

Burbank, CA 91506
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1102 Sqft
$681,000 - $831,000
Reference Base Price*
0.24%
Since Oct 1, 2023
CA-Los Angeles
Primary Model

About This Property

MAJOR FIXER!! SELLER WILL FINANCE!! Rare opportunity for investor, contractor or owner/user with DIY skills and determination.  Property zoned BUR4*!!  Duplex consists of two 1 bedroom, 1 bath units.  Tenants are on month-to-month leases (one tenant is Section 8).  Best priced duplex in Burbank.  This property will go quickly so RUN, don't walk!

Additional income potential by converting detached, alley accessible 2-car garage into 1 or 2 additional units as ADUs (verify with Burbank City Building Department).  Plumbing connection located at garage.  Tremendous upside in rents plus grow current income by adding ADUs.  Construct a small laundry room on the property to generate additional income as well as convenience for tenants.  Very conservative pro forma cap rate of 5.14% / GRM of only 14.09!

Highly desirable northwest Burbank neighborhood near 5 Points Monument.  Abundant and convenient public transportation offerings within short walking distance.  Walk Score is 76!  Costco, quick service and numerous local restaurants, multiple national retailers all located within walking distance.  Minutes to I-5 freeway.  Convenient public bus transportation located at the corner and across the street.  One mile walk to Burbank Metrolink Station.  A short hop, skip, jump to 5 Points Monument.  Chandler bike path is only a few blocks away as well.

The manager has listed the unit size as 1102 square feet.
Unit Size
1,102Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$687
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1951

Price History

Date / Event Date Event Price
Sep 10, 2023 No longer available -
No longer available
Sep 8, 2023 Sold $710,000
Sold
Aug 31, 2023 In contract -
In contract
Aug 29, 2023 No longer available -
No longer available
Aug 8, 2023 Listed $756,900
Listed

Property Highlights

Air Conditioning
Exterior Details

Exterior Information

Stucco


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
3 Beds
2.5 Baths
1,482 ft²
$472/ft²
$699,000 Aug 24, 2023
-
$316/mo
Townhouse
3 Beds
3 Baths
1,520 ft²
$543/ft²
$825,000 Aug 22, 2023
-
$400/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230808
08/08/2023
2 Bed
2 Bath
1102 ft²
$756,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1102 ft²
-
-
-
Leilani Tedeski
Keller Williams Realty-Studio City

Building Info

1205 West Burbank Boulevard 1205 West Burbank Boulevard, Burbank, CA 91506
More about this Building
1205 West Burbank Boulevard
Want to find out who owns 1205 West Burbank Boulevard, Burbank, CA 91506? Get detailed property transactions here .

About Burbank


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