Skip main navigation
Off market
  • $3,017,000

    424 E Cedar Ave, Burbank, CA 91501

    18beds
    1,918sqft
    MultiFamily
    Built in 1986
    -- sqft lot
    $3,017,000 Zestimate®
    $1,573/sqft
    $3,267 Estimated rent

    What's special

    Excellent investment opportunity: 10-unit apartment community located in the highly sought-after City of Burbank. Its unit mix consists of (2) one-bedroom, one-bath and (8) two-bedroom, two-bath units. Tenants enjoy the walkability and ease of access to shopping, dining, schools, parks, entertainment, public transportation, and freeways I-5 and SR-134. Carefully maintained by owner of 25 years with upgrades along the way. Recent improvements include new composition shingle roof, kitchen cabinets & appliances, hardwood floors, ceramic tile, and exterior paint. This building also features copper plumbing, newer 100+ gallon water heater, 2 parking spots per unit in gate-controlled underground parking with gated exit to alley. Exterior lighting and secured entrance to front doors provide added safety to tenants. Tenants also enjoy either a private balcony or patio, gas fireplace, central air, and attractive grounds. Coin-operated laundry machines provide additional income to owner. Gas and electric are separately metered.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 18
    • Bathrooms: 18
    • Full bathrooms: 18
    Features
    • Fireplace features: Other
    • Common walls with other units/homes: Yes
    Interior area
    • Total interior livable area: 1,918 sqft

    Property

    Parking
    • Total spaces: 20
    Features
    • Entry location: Ground Level w/Steps
    Lot
    • Size: 7,714 sqft
    Details
    • Parcel number: 5621024010

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1986

    Community & neighborhood

    Location
    • Region: Burbank

    Other

    Other facts
    • Lock Box Location: No Lockbox
    • Special Conditions: Standard
    • Unit 1 Furnished: Unfurnished
    • Unit 2 Furnished: Unfurnished
    • Unit 4 Furnished: Unfurnished
    • Lot Size Source: Public Records
    • Paved: Yes
    • Property Type: C
    • Disclosures: Property As Is, Compensation to Buyer's Agent
    • Fireplace Features: Other
    • Lock Box Type: No Lockbox
    • Fireplace: Yes
    • Construction: Frame & Stucco
    • Foundation: Concrete Slab, Pillar/Post/Pier, Concrete Block, Concrete Perimeter, Pier Jacks
    • Heating Fuel: Natural Gas
    • Heating Type: Central Furnace
    • Flooring: Carpet, Stone Tile, Hardwood
    • Water Heater: Yes
    • Appliances: Dishwasher, Garbage Disposal
    • Other Property Features: Balcony, Full Copper Plumbing
    • Possession: Close of Escrow
    • Unit 3 Furnished: Unfinished
    • Cooking Appliances: Oven
    • Entry Location: Ground Level w/Steps
    • Year Built Source: Assessor
    • Fireplace Location: Living Room
    • Bathroom Features: Shower & Tub
    • Unit 5 Furnished: Unfinished
    • Laundry Equipment: Own
    • Laundry Locations: Laundry Area, Community
    • Water Heater Feature: Gas, 60+ Gallon Tank, Hot Water Circulator
    • Fireplace Fuel: Gas
    • Doors: Sliding Glass Door(s)
    • Lot Location: Alley Access
    • Alley: Yes
    • Windows: Vertical Blinds, Window Blinds
    • Patio Features: Enclosed
    • Security Safety: Exterior Security Lights, Automatic Gates
    • Cooling Type: Central A/C, Gas, Electric
    • Unit 6 Furnished: Unfinished
    • Unit 7 Furnished: Unfinished
    • Unit 8 Furnished: Unfinished
    • Unit 9 Furnished: Unfinished
    • Lot Description: Automatic Gate
    • Unit 10 Furnished: Unfinished
    • Parking Features: Controlled Entrance
    • Water: Paid
    • Exterior Construction: Hard Coat Stucco
    • Buyer Agency Comp Type: %
    • Common Walls: Yes
    • Parking Type: Gated Underground
    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

    $3,017,000

    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

    $3,017,000