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3 Homes behind Electric Gates -Private Street 7545 N Ontario St

3 Unit Apartment Building $3,200,000 ($1,066,667/Unit) Burbank, CA 91504

Executive Summary

Opportunity is Knocking!!! Seller needs to sell all 3 homes together (Separate APN Numbers). Seller built them in 2004 behind Electric Gates on Private Street. All with Granite counter tops, hardwood floors, tiled floors in Kitchen & Baths, 2 stories, double attached garages. 2 Currently Rented and one delivered Vacant (7559 Ontario). Property has a Burbank mailing address but Los Angeles utilities and services
7545 Ontario: 2,260 SF / 7,619 SF Lot
4 Bedrooms / 4 Bath / Built 2004 / Rent: $4,326
7553 Ontario: 2,050 SF / 8,394 SF Lot
3 Bedrooms / 4 Baths / Built 2004 / Rent: $4,745
7559 Ontario: 2,090 SF / 4,966 SF Lot
3 Bedrooms / 3 Baths / Built 2004

Opportunity A: Purchase all three and sell off individually.
Opportunity B: Live in one home and sell two homes.
Opportunity C: Live in one home and rent out two homes.
Opportunity D: Rent out all 3 homes
Opportunity E: Live in one home, wife in one home and kids in one home
potential of the 4th home behind the gates

Property Facts

Price $3,200,000
Price Per Unit $1,066,667
Sale Type Investment
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Single Family Home
Building Class C
Lot Size 0.18 AC
Building Size 6,400 SF
No. Stories 2
Year Built 2004
Opportunity Zone Yes

zoning

Zoning Code LAR1
LAR1
  • Listing ID: 29501786

  • Date on Market: 9/12/2023

  • Last Updated:

  • Address: 7545 N Ontario St, Burbank, CA 91504

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