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1205 Burbank Boulevard
Burbank, CA 91506
Sold
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.
PROPERTY INFORMATION
| MLS # | SR23147279 | Lot Size | 2,502 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Duplex |
| Price | $ 756,900
Price Per SqFt: $ 687 |
DOM | 634 Days |
| Address | 1205 Burbank Boulevard | Type | Residential Income |
| City | Burbank | Sq.Ft. | 1,102 Sq. Ft. |
| Postal Code | 91506 | Garage | 2 |
| County | Los Angeles | Year Built | 1951 |
| Bed / Bath | 2 / 0 | Parking | 2 |
| Built In | 1951 | Status | Closed |
| Sold Date | 2023-09-08 |
INTERIOR FEATURES
| Has Laundry | No |
| Laundry Information | None |
| Has Fireplace | Yes |
| Fireplace Information | Bath, Family Room, Kitchen, Gas |
| Has Appliances | Yes |
| Kitchen Appliances | Gas Water Heater |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Room Information | Family Room, Kitchen |
| Has Cooling | Yes |
| Cooling Information | Wall/Window Unit(s) |
| Flooring Information | Carpet, Vinyl |
| EntryLocation | Front & Rear |
| Entry Level | 1 |
| Has Spa | No |
| SpaDescription | None |
EXTERIOR FEATURES
| FoundationDetails | Raised |
| Roof | Composition |
| Has Pool | No |
| Pool | None |
| Has Fence | Yes |
| Fencing | Block, Chain Link, Wood |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $807
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 08/08/2023 | Pending | $756,900 |
Topfind Realty
REALTOR®
(844)-333-8033
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Listing provided courtesy of Leilani Tedeski, Keller Williams Realty-Studio City. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
