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221 N Myers Street, Burbank, CA 91506

Fourplex · 2 recorded sales since 2014

221 N Myers Street, Burbank, CA 91506 Sold October 2023 CRMLS
$1,699,000Sold October 2023

Listing Agent: Cameron Hunter (DRE #01900152) · Listing Office: Media West Realty,Inc. · Contact: 818-845-9700 · Bought with: Rina Agajanyan · Remax Optima · MLS #BB23123157 · Source: CRMLS

6,074 sqft
Lot Size
1936
Year Built
Fourplex
Type
2
Stories
2
Garage
Zoned
Cooling
WallFurnace
Heating

About this fourplex

Introducing 221 N Myers St, Burbank, CA – offering four immaculate residential units consisting of two duplex buildings on one large lot. There are three 2-bedroom + 1-bath units and one 2-bedroom + 2-bath unit, totaling 8 bedrooms and 5 baths. Located in a prime Burbank location, this investment opportunity is in close proximity to Warner Bros, Disney, Universal Studios, St. Joseph Hospital, Downtown Burbank, Burbank Airport, and just 10 minutes from Hollywood. The property's strategic position attracts residents and tenants seeking convenience and access to prominent studios, healthcare facilities, and entertainment centers. It is within walking distance of award-winning schools and renowned Burbank Parks and Recreation. With all four units fully occupied, this property presents a reliable income stream with appealing rental rates. Each unit at 221 N Myers St is meticulously maintained and designed to accommodate various residential needs. The complex brings in a strong rental income with quality tenants. From comfortable living spaces to functional layouts, these units cater to a wide range of tenants, ensuring long-term occupancy and rental stability. This turnkey property also features new roofs on both buildings, 2 carports, 2 locked garages, and a private patio and deck. Take advantage of its prime location and tremendous upside, including possible ADU expansion (check with the City of Burbank). Contact us today to seize this rare investment opportunity before it's too late.

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

Sale history

$1,699,000
Sold October 2023 · listed $1,775,000, orig. $1,875,000, on market July 2023 · MLS #BB23123157 · Source: CRMLS
Listing Agent: Cameron Hunter · Listing Office: Media West Realty,Inc. · Contact: 818-845-9700 · Bought with: Rina Agajanyan · Remax Optima
$1,069,980
Sold May 2014 · listed $1,049,000, on market October 2013 · MLS #BB13221862 · Source: CRMLS
Listing Agent: Daniel Sanchez · Listing Office: Dilbeck Realtors · Contact: 818-843-7100 · Bought with: Craig Hunter · Media West Realty,Inc.
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