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221 Myers Street
Burbank, CA 91506
Sold
Introducing 221 N Myers St, Burbank, CA – offering four immaculate residential units consisting of two duplex buildings on one large lot. There are three 2-bedroom + 1-bath units and one 2-bedroom + 2-bath unit, totaling 8 bedrooms and 5 baths. Located in a prime Burbank location, this investment opportunity is in close proximity to Warner Bros, Disney, Universal Studios, St. Joseph Hospital, Downtown Burbank, Burbank Airport, and just 10 minutes from Hollywood. The property's strategic position attracts residents and tenants seeking convenience and access to prominent studios, healthcare facilities, and entertainment centers. It is within walking distance of award-winning schools and renowned Burbank Parks and Recreation. With all four units fully occupied, this property presents a reliable income stream with appealing rental rates. Each unit at 221 N Myers St is meticulously maintained and designed to accommodate various residential needs. The complex brings in a strong rental income with quality tenants. From comfortable living spaces to functional layouts, these units cater to a wide range of tenants, ensuring long-term occupancy and rental stability. This turnkey property also features new roofs on both buildings, 2 carports, 2 locked garages, and a private patio and deck. Take advantage of its prime location and tremendous upside, including possible ADU expansion (check with the City of Burbank). Contact us today to seize this rare investment opportunity before it's too late.
PROPERTY INFORMATION
| MLS # | BB23123157 | Lot Size | 6,074 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Quadruplex |
| Price | $ 1,775,000
Price Per SqFt: $ 601 |
DOM | 664 Days |
| Address | 221 Myers Street | Type | Residential Income |
| City | Burbank | Sq.Ft. | 2,953 Sq. Ft. |
| Postal Code | 91506 | Garage | 2 |
| County | Los Angeles | Year Built | 1936 |
| Bed / Bath | 8 / 0 | Parking | 5 |
| Built In | 1936 | Status | Closed |
| Sold Date | 2023-10-06 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Inside, Outside, See Remarks |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Room Information | All Bedrooms Down, All Bedrooms Up |
| Has Cooling | Yes |
| Cooling Information | Zoned |
| Flooring Information | Laminate, See Remarks, Wood |
| EntryLocation | 1 |
| Entry Level | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,893
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 08/11/2023 | Price Change | $1,775,000 (-5.33%) |
| 07/11/2023 | Listed | $1,875,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
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Listing provided courtesy of Cameron Hunter, Media West Realty,Inc.. 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.
