2615 W Clark Ave - Apartments FOR SALE


Burbank, CA 91505- Magnolia Park
$1,399,000 USD
818-281-7893
2615 W Clark Ave, Burbank, CA for Sale
$1,399,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

2615 W Clark Ave
Burbank, CA 91505
Magnolia Park


HIGHLIGHTS

  • Prime location near major entertainment studios such as Warner Bros., Walt Disney, and Universal Studios.
  • Situated in a desirable neighborhood with tree-lined streets and easy access to local amenities.
  • Flat, well-shaped lot ideal for redevelopment with excellent frontage and visibility.
  • Convenient proximity to shopping, dining, schools, and major freeways for seamless connectivity.

OVERVIEW

Existing Single-Family Home to remain in addition to the inclusion of FOUR additional units (two - apartments + two ADU) entitlements in progress and can be taken over by new buyer. Approvals in process. Can be transferred to new owner. Large Lot Single-Family Dwelling (Good-Condition 2 Bed-1 Bath) Currently Rented Month-to-Month

FOR SALE DETAILS

PRICE

$1,399,000 USD

PRICE/SF

$395 USD /SF

# OF UNITS

5

PRICE/UNIT

$279,800

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

W. Clark 5-Unit Residential Development Site

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1938

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

R4

APN/PARCEL ID

2479-004-014

ASK ABOUT THIS PROPERTY

Nick D'ArgenzioBlvd Real Estate Investment Co.More Info
818-281-7893

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Nick D'ArgenzioBlvd Real Estate Investment Co.More Info
818-281-7893

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.