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Listed by Anthony Boyajian, DRE #01877967 • Keller Williams Realty-Studio City
$ 5,390,000
Est. payment /mo
Active
12344 Burbank Valley Village, CA 91607
0.37 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR26227029
Year Built 1959
Lot Size 0.368 Acres
Source California Regional MLS
Property Description
Located on the southwest corner of Burbank Boulevard and Corteen Place in the highly desirable Valley Village neighborhood, 12344 Burbank Boulevard presents an outstanding opportunity to acquire a true pride-of-ownership apartment community featuring spacious units, an attractive unit mix, and substantial capital improvements. Built in 1960, the property consists of approximately 17,722 square feet Of building area on an approximately 16,016-square-foot lot. The well-balanced unit mix includes seven (7) one-bedroom/one- bathroom units, one (1) two-bedroom/one-bathroom unit, five (5) two-bedroom/two-bathroom units, and five (5) three-bedroom/ two-bathroom units. The generous layouts, including a desirable selection of two- and three-bedroom residences, appeal to a broad range of renters seeking additional space and functionality. The property reflects a strong commitment to maintenance and improvements, with 16 of the 18 units completely remodeled. Additional upgrades include copper plumbing, upgraded electrical subpanels throughout, a completed earthquake soft-story retrofit, newer windows, and a roof approximately three years old. The swimming pool has also been redone, while an on-site laundry facility provides added convenience for residents. Adding another dimension to the
Location
State CA
County Los Angeles
Area Vvl - Valley Village
Interior
Laundry Laundry Area
Exterior
Pool Community Facility
Building
Water District - Public
Others
Tax ID 2347007024
Special Listing Condition Not Applicable
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