$440,000
$399,000
10.3%For more information regarding the value of a property, please contact us for a free consultation.
6,664 Sqft Lot
SOLD DATE : 10/12/2012
Key Details
Sold Price $440,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID B12072478
Sold Date 10/12/12
Construction Status Additions/Alterations,Fixer,Repairs Major
HOA Y/N No
Year Built 1923
Tax Year 2011
Lot Size 6,664 Sqft
Property Description
This duplex features two separate units and is the perfect opportunity for an investor to either rent out both units or live in one and rent the other. These units are fixer-uppers but have a lot of potential. Front unit is a legal 2+1 with original hardwood floors in the living area but has a 2 bedroom addition without permits. Garage has also been converted. Rear unit is also a legal 2+1 but it too has 2 bedroom additions without permits where the living room is being used as a bedroom and the garage has been converted. The rear unit also has a private yard, ideal for an owner-user. Each unit has separate electrical and gas meters and can easily rent for $1,500/month after repairs. Financial info are estimates only and
assumes owner paying all utilities. Sold as-is. NOTE: Offers will not be considered until 7 calendar days after initial
listing period begins. Only offers from buyers utilizing federal funds under the NSP, municipalities, non-profits and
owner-occupants will be considered during days 8-12 after the initial listing date. Seller will consider all offers from all
other buyers after day 13 from initial list date.
Location
State CA
County Los Angeles
Area 610 - Burbank
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, See Remarks, Wood
Fireplace No
Laundry See Remarks
Exterior
Garage Direct Access, Garage
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Sidewalks, Urban
View Y/N No
View None
Roof Type Composition
Total Parking Spaces 4
Private Pool No
Building
Architectural Style See Remarks
Construction Status Additions/Alterations,Fixer,Repairs Major
Others
Tax ID 2468026006
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Other
Special Listing Condition Real Estate Owned
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Bought with Brad Korb • Re/Max in Action