924 W Clark Ave - Multi-Family FOR SALE


Burbank, CA 91506- Chandler Park
$1,675,000 USD
818-802-0902
924 W Clark Ave, Burbank, CA for Sale
$1,675,000 USD
Multi-Family - FOR SALE
1/22
null | 3.65% Cap Rate

924 W Clark Ave
Burbank, CA 91506
Chandler Park


OVERVIEW

Value-Add 4-Unit Multifamily Investment Opportunity Excellent opportunity to acquire a well-maintained 4-unit multifamily property with recent capital improvements already completed. Ownership has invested in a new roof and new dual-pane windows throughout the building, helping reduce future maintenance costs and enhance tenant appeal. The property features a vacant front garage, providing immediate flexibility for owner use, additional storage, potential rental income, or future value-add opportunities. Building-wide electrical infrastructure has also been recently upgraded, creating the capacity to accommodate an additional unit (buyer to verify all development potential and requirements with local authorities). With strong fundamentals, recent system upgrades, and future expansion potential, this property presents an attractive investment opportunity for both seasoned investors and owner-operators seeking long-term appreciation and income growth.

FOR SALE DETAILS

PRICE

$1,675,000 USD

PRICE/SF

$590 USD /SF

# OF UNITS

4

PRICE/UNIT

$418,750

CAP RATE

3.65%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1949

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

2446-026-014

ASK ABOUT THIS PROPERTY

Nick HacopianGlenwestMore Info
818-802-0902

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Nick HacopianGlenwestMore Info
818-802-0902

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