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606 E Cypress AVE Burbank, CA 91501
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Key Details
Sold Price $1,500,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-15200
Year Built 1950
Lot Size 7,609 Sqft
Property Description
Ideally located close to Downtown Burbank in the highly sought-after neighborhood between Glenoaks Blvd and Kenneth Rd, this well maintained five-unit income property has been in the same family since it was built in 1950. Units such as these are a rare gem and present an outstanding opportunity for investors and discerning buyers. The property consists of one two-bedroom, one-bathroom unit plus four additional one-bedroom, one-bathroom units. Four of the units are attached and there is one unit that sits above the garages. The units feature wonderful hardwood flooring and charming 1950's tile in the bathrooms and kitchens. The plumbing has been upgraded to PEX pipes. Currently all the units are tenant occupied and each tenant has one enclosed garage space, accessed from the alley behind the building, (There are two, 2-car garages and one, 1-car garage). There is a separate laundry room with coin operated machines that will be included in the sale. Please note that all units are currently rented and the interior photos displayed were taken prior to the last tenant occupying the unit. Units will be sold in an as-is condition. Don't miss the chance to own this remarkable property with convenient accessibility to Burbank's highly rated schools, the Burbank studios, Burbank Town Center, parks, fine dining and entertainment centers.
Location
State CA
County Los Angeles
Area 610 - Burbank
Zoning BUR4
Interior
Heating Floor Furnace, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile, Wood
Fireplaces Type None
Laundry Common Area, Laundry Room
Exterior
Parking Features Garage, See Remarks
Garage Spaces 5.0
Garage Description 5.0
Fence Partial, See Remarks
Pool None
Community Features Curbs, Urban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Composition
Building
Lot Description Lawn, Sprinklers Timer, Yard
Story One
Foundation Raised
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard, Trust
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Bought with Arsen Kobramasihi • Trust and Estate Realty