Burbank, CA 91506,221 N Myers ST
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Burbank, CA 91506,221 N Myers ST
Burbank, CA 91506,221 N Myers ST
Burbank, CA 91506,221 N Myers ST
Burbank, CA 91506,221 N Myers ST

$1,699,000

Est. payment /mo

$1,775,000

4.3%
Est.Price: ?

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221 N Myers ST Burbank, CA 91506

6,072 Sqft Lot

SOLD DATE : 10/06/2023

Key Details

Sold Price $1,699,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID BB23123157

Sold Date 10/06/23

HOA Y/N No

Year Built 1936

Lot Size 6,072 Sqft

Property Sub-Type Quadruplex

Property Description

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.

Location

State CA

County Los Angeles

Area 610 - Burbank

Zoning BUR3*

Interior

Interior Features All Bedrooms Up, All Bedrooms Down

Heating Wall Furnace

Cooling Zoned

Flooring Laminate, See Remarks, Wood

Fireplace No

Laundry Inside, Outside, See Remarks

Exterior

Parking Features Covered, Driveway

Garage Spaces 2.0

Carport Spaces 2

Garage Description 2.0

Pool None

Community Features Street Lights, Valley, Park

Total Parking Spaces 5

Private Pool No

Building

Lot Description Level, Near Park

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2444005005

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

Lease Land No

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California Regional MLS (CRMLS)
Listed by Cameron Hunter • Media West Realty,Inc.
Bought with Rina Agajanyan • Remax Optima
agent

Alex Duarte

CEO | i01970077

+1(714) 373-6828

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