1007 Angeleno Avenue, Burbank, CA 91506

About this property

If you are handy and willing to put in some sweat equity, this could be an investment of a lifetime! Burbank is and will most likely always be one of the highest demand, small self incorporated cities in L.A. EZ freeway access to everywhere, multiple studios within miles, it attracts great demand and dictates high rents. This family owned property needs some TLC and management. Good quiet, yet EZ to access location. Fully rented and 100% occupied, a movement to upgrade the units and rerent at fair market rent would pay back tremendously.

Listing description from the April 2023 sale, as reported to CRMLS.

Sale history

$1,650,000

Sold April 2023 · listed $1,849,000, orig. $2,440,000, on market May 2022 · MLS #222002121 · Source: CRMLS

Listing Agent: Stephen Patronete · Listing Office: Keller Williams Exclusive Properties · Contact: (805) 777-7117 · Bought with: Levon Yengibaryan · Coldwell Banker Hallmark

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