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428 Cedar Avenue
Burbank, CA 91501
Sold
If you're a real estate investor looking for an exciting opportunity, you won't want to miss this one! TRIPLEX located in a great area above Glenoaks in Burbank. This investment property offers many desirable features.; FRONT UNIT #428 has 1 bd/1 bth, been recently rented for $1990 (one year lease until April of 2024). This unit has been remodeled about 2 years ago with newer floors, recessed lighting, newer kitchen cabinets, granite countertop, appliances, updated bathroom., copper plumbing. UNIT # 428 1/2 and UNIT # 430 have 1 Bd/1 bth each, currently occupied with long term tenants on month to month basis. Rents are lower but has great potential to be increased after May 1st. 2023. Unit # 430 is detached from front duplex and has separate access and driveway from the alley in the back. There is also great opportunity to convert the garage into an ADU. Currently one car garage being used by the owner as a storage. Tenants are using front and back driveways, one space for each tenant. With all of these amazing qualities combined, it's no surprise that this property won't be on the market for long. Don't miss your chance to own real estate investment in Burbank today!
PROPERTY INFORMATION
| MLS # | GD23056528 | Lot Size | 6,135 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Triplex |
| Price | $ 1,149,000
Price Per SqFt: $ 646 |
DOM | 759 Days |
| Address | 428 Cedar Avenue | Type | Residential Income |
| City | Burbank | Sq.Ft. | 1,778 Sq. Ft. |
| Postal Code | 91501 | Garage | N/A |
| County | Los Angeles | Year Built | 1922 |
| Bed / Bath | 3 / 0 | Parking | N/A |
| Built In | 1922 | Status | Closed |
| Sold Date | 2023-05-23 |
INTERIOR FEATURES
| Has Laundry | No |
| Laundry Information | None |
| Has Cooling | Yes |
| Cooling Information | Wall/Window Unit(s) |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
Walk Score: 87 (Very Walkable)
Transit Score: 52 (Good Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,226
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 05/23/2023 | Sold | $1,300,000 |
| 05/19/2023 | Pending | $1,149,000 |
| 05/01/2023 | Active Under Contract | $1,149,000 |
| 04/07/2023 | Listed | $1,149,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
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Listing provided courtesy of Angela Julfayan, Coldwell Banker Hallmark. 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.
