729 E Providencia, Burbank, CA 91501

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List Price
$2,250,000
Status
ACTIVE
MLS#
GD26207006
Year Built
1945
Lot Size
7,472
Acres
0.17
Lot Location
2-5 Units/Acre
Days on Market
2
Property Type
Multifamily
Property Sub Type
Quadruplex

Property Description

PRIME LOCATION just below Kenneth Road! Beautifully upgraded and gated 4-unit income property featuring solar panels and offering an exceptional owner-occupied or investment opportunity with future development potential. The property features a spacious front house with 3 bedrooms, 2 baths, approximately 1,500 square feet of living space, a 2-car garage, and ample gated driveway parking. Currently owner occupied, the front residence can be delivered vacant at close of escrow, providing an excellent opportunity for an owner-user. The additional three units each offer 1 bedroom and 1 bath with their own designated parking spaces, and shared laundry room. Ideally located near shopping, dining, transportation, and major amenities, this property offers multiple possibilities for an investor looking for immediate rental income, an owner-user seeking additional income, or a buyer looking toward future development, with potential to build up to 10 units. Buyer to independently verify zoning, development potential, allowable unit count, and all applicable requirements with the appropriate city and governmental agencies.

Additional Information

Pool Description
None
Cooling
Yes
Cooling Description
Central Air, Wall/Window Unit(s)
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$73,200

Listing courtesy of Listing Agent: Jerry Armen (jerry@teamrockproperties.com) from Listing Office: Team Rock Properties.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.