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2110 2112 W Victory BLVD Burbank, CA 91506
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Key Details
Sold Price $1,506,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PV22037684
Sold Date 04/13/22
HOA Y/N No
Year Built 1951
Lot Size 5,810 Sqft
Property Description
The property is located in a prime area of Burbank with convenient access to freeways, entertainment, shopping & employers in the entertainment district.
The improvements consist of a two-story building and a one-story building on a 5,812 square foot parcel. The property is well maintained and in good condition. Building one is 1,064 square feet and has two 1 bedroom units. Building two is 1,518 square feet and has two 2 bedroom units.
There is significant upside in rental income on all units are the rents are below market. AB 1482 allows rent increases of 5% + CPI annually. Proforma rents are projected 8.6% above current.
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUR4*
Interior
Fireplace No
Laundry Common Area, Laundry Room
Exterior
Garage Spaces 3.0
Garage Description 3.0
Pool None
Community Features Curbs, Street Lights, Sidewalks
Total Parking Spaces 3
Private Pool No
Building
Lot Description Front Yard, Level
Story Two
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 2438018026
Energy Description 587.0
Acceptable Financing Cash to New Loan, Conventional
Listing Terms Cash to New Loan, Conventional
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with David Moyers RE/MAX Estate Properties