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606 Cypress Avenue, Burbank, CA 91501
Priced at Only: $3,000,000
For more Information Call Mobile: 714.478.6676
Address: 606 Cypress Avenue, Burbank, CA 91501
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  • MLS#: BB25192748 ( Apartment )
  • Street Address: 606 Cypress Avenue
  • Viewed: 1
  • Price: $3,000,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1950
  • Bldg sqft: 0
  • Days On Market: 3
  • Additional Information
  • County: LOS ANGELES
  • City: Burbank
  • Zipcode: 91501
  • Provided by: Equity Union
  • Contact: Arsen Arsen
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Prime 5 Unit Apartment Building in the Heart of Burbank Ideal Investment Opportunity! Welcome to this exceptional 5 unit property located above Glenoaks Blvd. in the city of Burbank. All five units were fully renovated from top to bottom in 2024. The building features three 1 bedroom/1 bath units and two 2 bedroom/2 bath units. Recent upgrades include a brand new roof (2024), new windows, central AC and heating, wood flooring, and modern kitchens with all new appliances. Each unit is also equipped with in unit laundry for added convenience. A major expense has also been completed to comply with the new garage retrofit and seismic reinforcement law, providing long term security and peace of mind for the new owner. Situated in the media capital of the world, Burbank residents enjoy top rated schools, abundant parks and recreation, scenic hiking trails, the charming Chandler Bike Path, as well as a variety of trendy shops and restaurants. Dont miss this rare opportunity to own a fully renovated investment property in one of the most desirable cities in Los Angeles!
Features
Association Fee
  1. 0.00
Building Area Total
  1. 3536.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Cooling
  1. Central Air
Country
  1. US
Electric Expense
  1. 1200.00
Flooring
  1. Wood
Fuel Expense
  1. 0.00
Garage Spaces
  1. 5.00
Gardner Expense
  1. 1200.00
Heating
  1. Central
Insurance Expense
  1. 11000.00
Laundry Features
  1. Dryer Included
  2. Individual Room
  3. Washer Included
Lot Features
  1. Close to Clubhouse
Netoperatingincome
  1. 127300.00
Newtaxesexpense
  1. 37500.00
Parcel Number
  1. 2455039011
Pool Features
  1. None
Postalcodeplus4
  1. 1877
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 445959912:CRM
Taxblock
  1. 21
Totalactualrent
  1. 14950.00
Totalexpenses
  1. 52100.00
Trash Expense
  1. 0.00
Water Sewer Expense
  1. 1200.00
Water Source
  1. Public
Year Built
  1. 1950
Year Built Source
  1. Assessor
Zoning
  1. BUR4*
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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