Property Detail

Description

Exceptional opportunity to acquire a fully renovated five-unit multifamily property with a permitted ADU, extensively remodeled in 2022 and ideally located in one of Burbank’s most desirable neighborhoods. The property consists of three separate buildings featuring four beautifully renovated one-bedroom, one-bathroom units plus a permitted one-bedroom, one-bathroom ADU, creating an attractive, turnkey investment with strong tenant appeal. All units have been renovated and feature HVAC and in-unit washer/dryer hookups, along with dual-pane windows, stylish kitchens with stainless steel appliances, modern laminate flooring, updated bathrooms, and recessed lighting. Recent property improvements include a brand-new 75-gallon water heater, new plumbing valves, a new irrigation system, and refreshed landscaping and lawn. The ADU was constructed in 2022 and features a roof installed in 2023. Additional investment-friendly features include four dedicated parking spaces and four storage spaces, providing added convenience for the tenants. Ideally positioned in the heart of Burbank, the property offers convenient access to Downtown Burbank’s vibrant dining, shopping, and entertainment scene, as well as major employers including Warner Bros. Studios, Walt Disney Studios, and other renowned entertainment companies. Residents also enjoy easy access to the Burbank Metrolink station, the 5 and 134 freeways, Hollywood Burbank Airport, Toluca Lake, parks, schools, and everyday conveniences. Combining five fully renovated units, in-unit laundry, HVAC, extensive recent property improvements, dedicated parking, and charming bungalow-style architecture, 1004 W. Clark Ave presents a rare opportunity to acquire a turnkey, easy-to-manage multifamily asset in one of Southern California’s most sought-after rental markets.