1515 W Alameda Avenue Burbank, CA $ 1,999,000
1515 W Alameda Avenue
$ 1,999,000
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1515 W Alameda Avenue

Burbank, CA, 91506
$ 1,999,000
Bedrooms8 Baths4.0 Sq 3,044

Monthly Estimate*

$ 13,964

Listed by DiversifiedPropertyInvestments
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Multi-Family Home for sale in Burbank, CA

for $1,999,000 with 8 bedrooms and 4 full baths. This 3,044 square foot home was built in 1944 on a lot size of 0.1514.

Invest in the ideal four-unit property just steps away from Walt Disney Studios and Warner Brothers Studios in the highly sought-after Burbank area. This well-maintained fourplex offers a fantastic unit mix featuring four 2-bedroom, 1-bath units. With a median household income of $91K in the vicinity, this property promises excellent demographics for your investment. Enjoy the convenience of a hassle-free investment with easy management and pride of ownership. The seller is engaged in a 1031 Exchange, including the closure of another property, making this an opportune time to secure a valuable asset. For further details, reach out to the listing agent. Kindly refrain from visiting the property or disturbing tenants. Offers are subject to inspection. Don't miss out on this prime investment opportunity!

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Multi-Family Pending

Price

$ 1,999,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Quadruplex

Lot Size

0.1514

Year Built

1944

Town/City

Burbank

County/Region

Los Angeles

MLS | Web ID

GD24017490

Days on Market

102

Features
General
Sewer PublicSewer
Cooling WallWindowUnits
Utilities CableAvailable CableConnected ElectricityAvailable ElectricityConnected NaturalGasAvailable PhoneAvailable SewerConnected WaterAvailable WaterConnected
Zoning BUR4*
Garage Spaces 4.0
Pool Features None
Year Built 1944
View None
Stories 1
Levels One
Property SubType Quadruplex
Gross Income 106140.0
Community Features Curbs Sidewalks
County Los Angeles
Net Operating Income 79605.0
Operating Expense 26535.0
Insurance Expense 0.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Contingency 1031 exchange
Garage Y/N Y
Special Listing Conditions Standard
Status Pending
Directions BUENA VISTA
City Burbank
Entry Location FIRST
View Y/N N
Senior Community Y/N N
Total Units 4
MLS Area 610 - Burbank
Lot Size Square Feet 6595.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 3
Street Name Alameda
Listing Terms Cash CashtoNewLoan Item1031Exchange
Spa Features None
Property Attached Y/N Y
Land Lease Y/N N
Home Warranty Y/N N
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 51
Building Area Units SquareFeet
Standard Status Pending
Year Built Source Assessor
Tax Lot 14
Property Sub Type Additional Quadruplex
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Interior
Flooring Wood
Fireplace Features Outside SeeRemarks
Total Stories 2
Common Walls Item2CommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N N
Fireplace Y/N Y
Street Suffix Avenue
Laundry Features CommonArea
Entry Level 1
Electric On Property Y/N N
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Exterior
Lot Features FrontYard Lawn
Water Source Public
Total Parking 4.0
Lot Size Area 6595.0
Number of Buildings 2
Spa N
Building Area Total 3044.0
Lot Size Acres 0.1514
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1515
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* Excluded Features
List By
Diversifiedpropertyinvestments

Broker

(818) 334-3451

Phone

Affordability Calculator

$13,964
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,964
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/29/2024$1,999,000 Listed Price

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1515 W Alameda Avenue, Burbank, CA, 91506 is a Multi-Family Home for sale at $1,999,000 with 3,044 sqft and a lot size of 0.1514. 1515 W Alameda Avenue has 8 bedrooms, 4.0 baths, and was built in 1944. The property's zip code is 91506 which is in Burbank, CA