3503 W Alameda Avenue Burbank, CA $ 999,000
3503 W Alameda Avenue
$ 999,000
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3503 W Alameda Avenue

Burbank, CA, 91505
$ 999,000
Bedrooms2 Baths1.0 Sq 1,149

Monthly Estimate*

$ 6,978

Listed by Cedar Management and Realty
3503 W Alameda Avenue, Burbank, CA 91505 - Image 1
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Multi-Family Home for sale in Burbank, CA

for $999,000 with 2 bedrooms and 1 full bath. This 1,149 square foot home was built in 1951 on a lot size of 0.0626.

So much potential! Furnished Duplex in the heart of Burbank with amazing street visibility. It is close to the movie studios and has easy freeway access. Actively used as a 30 +day short term rental but will be delivered vacant. Front unit is a studio that is around 450 sqft with 1 bathroom and has updated flooring and updated kitchen. The back unit is a 2 bedroom, 1 bath, around 700 sqft and each have separate entrances. The property is complete with a detached garage each with a separate 1 car garage with alley access. There is a shared laundry room on site. The home has a newer roof, replaced in 2022 And each unit has its own gas & electric meter (plus another electric meter that operates exterior lights). Rent is estimated as it varies with the length of the rentals. No rent control in Burbank.

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Multi-Family Active

Price

$ 999,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Bungalow

Lot Size

0.0626

Year Built

1951

Town/City

Burbank

County/Region

Los Angeles

MLS | Web ID

AR24080190

Days on Market

13

Features
General
Sewer PublicSewer
Heating Central
Cooling CentralAir
Utilities ElectricityConnected NaturalGasConnected PhoneAvailable SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Composition
Zoning BUR4*
HOA 0.0
Garage Spaces 2.0
Architectural Style Bungalow
Pool Features None
Year Built 1951
Tenant Pays Electricity Gas
Stories 1
Levels One
Property SubType Duplex
Gross Income 54000.0
Community Features Curbs Sidewalks
County Los Angeles
Net Operating Income 69600.0
Operating Expense 12000.0
Insurance Expense 804.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Contingency POSSIBLE 1031 exchange - Seller is unsure. Both units will be sold furnished. Property is being used as a short term rental. Rents are estimated - Short term rental amounts varies on vacancy and/o
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions 210 Freeway off Hollywood Way
City Burbank
Entry Location Front & Back
View Y/N N
Senior Community Y/N N
Total Units 2
MLS Area 610 - Burbank
Lot Size Square Feet 2729.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Alameda
Listing Terms Cash CashtoExistingLoan CashtoNewLoan Item1031Exchange
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 720.0
Home Warranty Y/N N
Trash Expense 324.0
Water Sewer Expense 324.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 4
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 58
Property Sub Type Additional Duplex
Expected Active Date 2024-04-23
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Exterior
Fencing Partial
Parking Features DoorMulti Garage
Lot Features Landscaped ValueInLand
Water Source Public
Total Parking 2.0
Inclusions Furnished
Lot Size Area 2729.0
Number of Buildings 1
Spa N
Building Area Total 1149.0
Lot Size Acres 0.0626
Road Surface Type Paved
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 3
Road Frontage Type Alley CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Fireplace Features None
Total Stories 1
Common Walls Item1CommonWall
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Laundry Features CommonArea
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 3503
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* Excluded Features
List By
Cedar Management And Realty

Broker

(626) 590-3068

Phone

Affordability Calculator

$6,978
Per Month
100%
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Monthly Principal & Interest
$6,978
Monthly Property Taxes
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Monthly Home Insurance
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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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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/23/2024$999,000 Listed Price

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3503 W Alameda Avenue, Burbank, CA, 91505 is a Multi-Family Home for sale at $999,000 with 1,149 sqft and a lot size of 0.0626. 3503 W Alameda Avenue has 2 bedrooms, 1.0 baths, and was built in 1951. The property's zip code is 91505 which is in Burbank, CA