Spanish

1923 Grismer Avenue

Burbank , CA 91504

MLS#: 225003754

$1,475,000

Status: Active
Listing number: 225003754
Listing provided by: eXp Realty of California Inc
Listing agent phone: None
Last update: 13 days ago
On site: a month ago
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Property

Beds

6

Full Baths

3

1/2 Baths

None

Year Built

1923

Sq.Footage

2,504

This Multi Family property offers a move-in-condition Main House, Plus a Rear 2 Story Duplex in need of cosmetic enhancements and routine maintenance to align with the area's higher rental values. Current rents are lower than average due to all tenants residing for over 25 and 30 years. Lot is Zoned R4 for High-Density Residential/Multi-Family, property. The property features a main house built with a Spanish architectural style in 1923 and has 3 bedrooms (Title States 2) and 1 bath, approx. 884 sq. ft. of living space, equipped with inside laundry hookups. The front yard is nicely shaded with trees and offers a nice area to enjoy the outdoors. Additionally, two rear units are accessed from 1710 Peyton Ave and were added added in 1961, each with 2 bedrooms, 1 bath, and approx. 810 sq. ft.. Both units come with inside laundry hookups, a balcony for the upper unit, and a gated yard for the lower unit, providing desirable amenities for tenants. One unit of Duplex is currently Section 8. Main house has new permitted roof as of 2023. The location is convenient--directly across from Earth Walk Park, and with close proximity to schools, Shopping and the Burbank Airport and major freeways. The location offers convenience and a vibrant neighborhood. Buyer to confirm square footage. Submit offers with POF and Lenders Letter of Approval.

Features & Amenities

Interior

  • Total Bedrooms

    6

  • Bathrooms

    3

  • Cooling YN

    YES

  • Cooling

    N/A

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Fireplace(s), Natural Gas, Wall Furnace

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Parking

    Assigned, Shared Driveway

  • Pool

    No

Area & Lot

  • Lot Features

    Corner Lot, Paved, Rectangular Lot

  • Lot Size(acres)

    0.1469

  • Property Type

    Residential Income

  • Architectural Style

    Spanish

Price

  • Sales Price

    $1,475,000

  • Sq. Footage

    2, 504

  • Price/SqFt

    $589

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Foundation Details

    Block, Raised, Slab

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

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Location

County

Los Angeles

Elementary School

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Listing Courtesy of Beverly Pelton , eXp Realty of California Inc

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This Multi Family property offers a move-in-condition Main House, Plus a Rear 2 Story Duplex in need of cosmetic enhancements and routine maintenance to align with the area's higher rental values. Current rents are lower than average due to all tenants residing for over 25 and 30 years. Lot is Zoned R4 for High-Density Residential/Multi-Family, property. The property features a main house built with a Spanish architectural style in 1923 and has 3 bedrooms (Title States 2) and 1 bath, approx. 884 sq. ft. of living space, equipped with inside laundry hookups. The front yard is nicely shaded with trees and offers a nice area to enjoy the outdoors. Additionally, two rear units are accessed from 1710 Peyton Ave and were added added in 1961, each with 2 bedrooms, 1 bath, and approx. 810 sq. ft.. Both units come with inside laundry hookups, a balcony for the upper unit, and a gated yard for the lower unit, providing desirable amenities for tenants. One unit of Duplex is currently Section 8. Main house has new permitted roof as of 2023. The location is convenient--directly across from Earth Walk Park, and with close proximity to schools, Shopping and the Burbank Airport and major freeways. The location offers convenience and a vibrant neighborhood. Buyer to confirm square footage. Submit offers with POF and Lenders Letter of Approval.

1923 Grismer Avenue

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