Description
Exceptional opportunity to acquire a five-unit bungalow-style multifamily complex, thoroughly remodeled in 2022, consisting of three separate buildings in one of Burbank's most desirable neighborhoods. The property features four beautifully updated one-bedroom, one-bathroom units, plus a permitted one-bedroom, one-bathroom ADU, creating an attractive, low-maintenance investment with strong tenant appeal. Each unit was thoughtfully renovated a few years ago with forced-air heating and air conditioning, dual-pane windows, stylish kitchens with stainless steel appliances, modern laminate flooring, updated bathrooms, recessed lighting, and in-unit laundry hookups. The property offers four dedicated parking spaces, four storage spaces, and separately metered gas and electricity for each unit, providing convenient utility management. It has also has a brand new 75 gallon water heater and a new irrigation system. Ideally positioned in the heart of Burbank, the property offers convenient access to Downtown Burbank's vibrant dining, shopping, and entertainment scene, as well as major employers including Warner Bros. Studios, Walt Disney Studios, and other renowned entertainment companies. Residents also enjoy easy access to the Burbank Metrolink station, the 5 and 134 Freeways, Hollywood Burbank Airport, Toluca Lake, parks, schools, and countless everyday conveniences. Combining extensive renovations, charming bungalow-style architecture, a permitted ADU, and an exceptional central location, 1004 W. Clark Ave presents a rare opportunity to own a turnkey, easy-to-manage multifamily asset in one of Southern California's most sought-after rental markets.
Details
| MLS # | SB26157944 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1938 |
| Days On Site | 30 |
| Listing Provided By | Vista Sotheby's International Realty | Michelle Haugh |
Features
| SQ Feet | 2,685 |
|---|---|
| Story(s) | 1 |
| Units | 5 |
| Building(s) | 3 |
| Acreage | 0.15 |
| Property View | None |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central, Forced Air |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Window Features | Double Pane Windows |
| Appliances | Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater |
Exterior
| Roof | Shingle |
|---|---|
| Security Features | Carbon Monoxide Detectors, Smoke Detectors |
| Construction Materials | Stucco |
| Foundation Details | Raised, Slab |
| Lot Features | Zero To One Unit Acre, Lawn, Landscaped, Sprinkler System |
Parking
| Parking Features | Assigned |
|---|---|
| Garage Yes / No | No |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Street Lights, Sidewalks, Urban |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Burbank |
| Zip Code | 91506 |
| Area | 610 Burbank |
| Listing VS Median (in 91506) | |
Price: $2,450,000 low | high Med: $1,349,000 sqft: 2,685 low | high Med: 1,402 $ / sqft: $912 low | high Med: $995 On site: 30 low | high Med: 57 | |
Market Activity 91506
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Burbank |
| Zip Code | 91506 |
| Area | 610 Burbank |
| Listing VS Median (in 91506) | |
Price: $2,450,000 low | high Med: $1,349,000 sqft: 2,685 low | high Med: 1,402 $ / sqft: $912 low | high Med: $995 On site: 30 low | high Med: 57 | |