214 East Cedar Avenue

$1,725,000, 3,728 Sqft .16 Acres 4 Garages

About This Property

This is a 4-unit no-rent control apartment building at 214-216 E. Cedar Avenue, in the city of Burbank California. Situated in a prime location the property comprise of four two-bedroom and one bathroom units, that together come to 3,728 square feet of rentable space on 7,028 square feet of land. Built in 1928 this complex has been well maintained and offers four garages. The roof, plumbing and all windows were upgraded approximately ten years ago. Furthermore, the property is separately metered for gas and electricity. In addition, each unit offers hook-ups for washer and dryer, tankless water heater and wall-unit AC and Heat. Located east of San Fernando Boulevard, this complex is within walking distance to the famous IKEA Burbank Home Furnishings, restaurants, retailers and downtown Burbank. Furthermore, the building sits mere minutes from the 134 and 5 Freeways.The property?s prime location, coupled with immediate upside potential, make it a fantastic investment opportunity.

Essential Information

MLS® #SR19054835
Price$1,725,000
Bathrooms0.00
Square Footage3,728
Acres0.16
Year Built1928
TypeResidential Income
StatusActive

Community Information

Address214 East Cedar Avenue
AreaBurbank (BRB) (L)
CityBurbank
CountyLos Angeles
StateCA
Zip Code91502

Amenities

# of Garages4
PoolNo Pool

Interior

HeatingForced Air

Exterior

Lot DescriptionBack Yard

Additional Information

Date ListedMarch 11th, 2019
Days on Market102
ZoningBUR4*
HOA Fees0.00

Listing Details

AgentReza Ghobadi(01780045)
OfficeReza Ghobadi

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