Back on the market, buyer could not perform. Great opportunity! Two adjacent properties in the city of Burbank, CA with about 100 FT of frontage and almost 13,000 SF combined, Zoned C-2 in the area of mixed use, back alley access; TO BE SOLD TOGEHTER ONLY, 240 E Alameda and 236 E Alameda (pls. see a separate listing for the 2nd property) Plans are ready for a 28 room motel to be submitted to the City of Burbank for review and approval; buyers to do their own investigation with the city planning. Main value is in the future use; however both houses are rented out and bring a combined gross income of $4,700.00 a month. DRIVE BY ONLY! PLEASE DO NOT GO ON THE PROPERTY AND DO NOT DISTURB TENANTS! BOTH PROPERTIES ARE SOLD AS IS!
Off market
$942,500
240 E Alameda Ave, Burbank, CA 91502
2beds
1baths
975sqft
SingleFamily
Built in 1939
6,470 Square Feet Lot
$942,500 Zestimate®
$967/sqft
$3,403 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- None, yes
Cooling
- Other
Features
- Flooring: Carpet, Linoleum / Vinyl
Interior area
- Total interior livable area: 975 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
Features
- Exterior features: Stucco
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 6,470 sqft
Details
- Parcel number: 5624002029
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1939
Community & neighborhood
Location
- Region: Burbank
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$942,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$942,500