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    2318 N Ontario Street

    Burbank, CA 91504
    • $3,000,000
    • STATUS: Active
    • ON SITE: 165 days
    • ID#: BB21027652
    $3,000,000
    • 0
      BEDS
    • 0.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,798
      SQFT
    • $517
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1937
    County:

    School Ratings & Info

    Description

    BACK IN THE MARKET: After almost 60 days in Escrow the Buyer Could not make it happen: So the GREAT OPPORTUNITY Is BACK !! Lovely home, plus 3 Apartment Buildings, for a total of 10 units. (11 bedrooms, 10 baths) First time on the Market, in more than 33 years. Very Good Income, plus a Huge Opportunity for Developers on 13,800 sq. ft. of R4 property. In a phenomenal location, with high class Office Buildings, Internationally famous Hotels, & the famous Burbank International Airport. Close to great Schools, Shopping Centers, Movie Studios Freeways & much More.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-27T16:48:48.38. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.theparsonsrealestateteam.com/homes/114209986
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    2318 N Ontario Street Burbank, CA 91504

    • Price: $3,000,000
    • Status: Active
    • ID#: BB21027652
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.32
    Acres
    5,798
    SQFT
    $517
    $/SQFT
    1937
    Built
    Neighborhood:
    610 - Burbank
    County:
    Los Angeles
    Area:
    610 - Burbank
    Property Description
    BACK IN THE MARKET: After almost 60 days in Escrow the Buyer Could not make it happen: So the GREAT OPPORTUNITY Is BACK !! Lovely home, plus 3 Apartment Buildings, for a total of 10 units. (11 bedrooms, 10 baths) First time on the Market, in more than 33 years. Very Good Income, plus a Huge Opportunity for Developers on 13,800 sq. ft. of R4 property. In a phenomenal location, with high class Office Buildings, Internationally famous Hotels, & the famous Burbank International Airport. Close to great Schools, Shopping Centers, Movie Studios Freeways & much More.
    Exterior Features

    Number Of Separate Electric Meters 10 Open Parking Spaces 11 Parking Features Assigned Parking Total 11 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Appliances Dryer Common Walls 2+ Common Walls

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsSidewalks Garage YN No Gross Income 182000 Gross Scheduled Income 182000 Insurance Expense 2676 Land Lease YN No Laundry Features Common AreaElectric Dryer HookupGas Dryer HookupLaundry Room Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Net Operating Income 158235 New Construction YN No New Taxes Expense 9841 Number Of Separate Gas Meters 10 Number Of Separate Water Meters 1 Number Of Units Leased 10 Operating Expense 23765 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1200 Water Sewer Expense 10048 Water Source Public Zoning R4

    Listing provided courtesy of Cam Walker of Town Center Realty Group


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-27T16:48:48.38. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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    The Parsons Team | Keller Williams Realty
    251 S. Lake Ave #150
    Pasadena CA, 91101