236 East Alameda Avenue, Burbank, CA 91502

$899,000 Approx. USD 2 beds, 2 baths
887 sqft

Agent Remarks

HUGE PRICE REDUCTION! Great opportunity! Two adjacent properties in the city of Burbank, CA with about 100 FT of frontage and almost 13,000 SF combined, Zoned C-2 in the area of mixed use, back alley access; TO BE SOLD TOGEHTER ONLY, 240 E Alameda and 236 E Alameda (pls. see a separate listing for the 2nd property) Plans are ready for a 28 room motel to be submitted to the City of Burbank for review and approval; buyer to do their own investigation with the city planning. Main value is in the future use; however both houses are rented out and bring a combined gross income of $4,700.00 a month. DRIVE BY ONLY! PLEASE DO NOT GO ON THE PROPERTY AND DO NOT DISTURB TENANTS!

Listing Details

Property type: Single Family (Single Family)
Status: Active
MLS# 316006786
List price is $899,000 Reduced by $99,000 on 10/9/2016
Beds: 2
Baths: 2 (1 full) (1 half)
Built in 1940
887 sqft
0.15 acres
County: Los Angeles
Property style: Traditional
Zoning: BUC2*
Parking type: Carport,Parking Space
Heating description: Central Furnace
MLS area: Burbank (610)

Last Updated: 10/9/2016

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This listing belongs to the Burbank (610) MLS area

The style of this listing is Traditional.
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The listing is zoned BUC2.
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Lat/Long: 34.175255, -118.298531.
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Broker: Courtesy of Dilbeck Real Estate
Listing Agent: Arusyak Melkumyan

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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