An opportunity to purchase a five (5) unit apartment building located in prime Burbank, resting in the hills above Glenoaks. The property was originally constructed in 1946 as a triplex featuring all 2-bedroom and 1-bathroom units with dual entrances. Later in 1986, the back duplex was constructed featuring all 1-bedroom and 1-bathroom units. This value-added opportunity features on-site laundry, on-site parking for 6 vehicles, secured access, individual hot water heaters, a new roof in 2024, and new electrical sub panels in 2025. The property will deliver 1-unit vacant providing flexibility for remodeling before renting or moving in. Burbank, known as the "Media Capital of the World", offers residents proximity to major entertainment studios such as Disney, Warner Brothers, and NBC. The city boasts over 80 restaurants, 30 movie theaters, and 200 stores, ensuring a vibrant lifestyle. Additionally, residents have easy access to top ranked schools and major freeways, enhancing connectivity and convenience.
Property Details
Price:
$1,700,000
MLS #:
25529153
Status:
Active Under Contract
Baths:
0
Address:
504 E Valencia Avenue
Type:
Residential Income
Neighborhood:
610burbank
City:
Burbank
Listed Date:
Apr 21, 2025
State:
CA
ZIP:
91501
Lot Size:
7,662 sqft / 0.18 acres (approx)
Year Built:
1946
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Parking Features
Controlled Entrance
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Community
- Address504 E Valencia Avenue Burbank CA
- Area610 – Burbank
- CityBurbank
- CountyLos Angeles
- Zip Code91501
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504 E Valencia Avenue
Burbank, CA
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