Burbank, CA 91506,334 W Alameda AVE
Burbank, CA 91506,334 W Alameda AVE
Burbank, CA 91506,334 W Alameda AVE
11
$1,175,000
$1,250,000
6.0%
Est.Price: ?

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6,250 Sqft Lot

334 W Alameda AVE Burbank, CA 91506

Est. payment /mo
SOLD DATE : 08/13/2021

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Key Details

Sold Price $1,175,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Not Applicable-105

MLS Listing ID 320006611

Year Built 1951

Lot Size 6,250 Sqft

Property Description

We have been selected to exclusively market for sale 334-340 West Alameda, a potential 11 Unit Development, as well as a Value- Add Multifamily repositioning opportunity, in the epicenter of the entertainment capital of the world. The subject property is in close proximity to the Burbank Media District offering one of the highest concentrations of entertainment companies globally such as Walt Disney Company, Warner Bros., NBC, Cartoon Network, and Nickelodeon, and the famed Burbank Studios. 334-340 West Alameda consists of two parcels totaling 15,971 Square of Land Zoned BUR4*/R1H. This assemblage has the potential to build up to 11 Units By Right or convert the existing garages into a unit and the potential to add an ADU on top of the garage conversion. 334 West Alameda is a 3 Unit Triplex, built-in 1951, with a detached garage with a unit mix of (1) 2Br/1Ba, (2) 1Br/1Ba. Tenants are Month-to-Month **This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. buyer must verify the information and bears all risk for any inaccuracies.

Location

State CA

County Los Angeles

Area 610 - Burbank

Zoning BUR4*

Interior

Heating Wall Furnace

Flooring Wood

Exterior

View Y/N Yes

View Mountain(s)

Building

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Arin Gharibian • Re/Max Tri-City Realty
Bought with Arin Gharibian • Re/Max Tri-City Realty

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Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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