Active
115 N Myers St
Burbank CA, 91506
$2,350,000
$351.80 per sqft
Active
12 Beds
9 Baths
6,680 sqft
Multi-family
Built in 1955
Major Price Reduction! The Shindler Group is pleased to present 115 N Myers St, a 7-unit apartment building located in Burbank, CA. Built in 1955, this property consists of three (3) 1 Bedroom+1 Bathroom units, (1) 2 Bedroom + 2 Bathroom units, (2) 2 Bedroom + 1 Bathroom units, and (1) 3 Bedroom + 2 Bathroom unit. The building is 6,680 gross square feet and sits on a 10,336 square foot lot that is Burbank R3 zoned. On the market for the first time in 45+ years, the family has meticulously cared for this property over the years. At first sight you'll notice the lush landscaping and new windows, giving the property unique curb appeal typically not seen in vintage builds. Situated on a clean and quiet residential street, tenants enjoy convenient access to major employers including Walt Disney Studios and Warner Brothers Studios. This prime location offers tenants immediate access to the 134 Freeway, as well as the Downtown Burbank Train Station, enhancing the area's connectivity. With its desirable location, unit mix, and potential for increased rental income, 115 N Myers St, presents a compelling value-add opportunity for investors. Priced attractively at $335,000 per unit and $351 per square foot, this property is poised to deliver excellent returns.
24-418291
MLSⓇ ID
July 22, 2024
Listed
August 23, 2024
Updated
Map
115 N Myers St
Burbank CA, 91506
Interior Features
Total Stories
0
Bedrooms
12
Total Bathrooms
9
Appliances
Dishwasher, Dryer, Washer
Laundry Description
Community
Fireplace
No
Cooling
Yes
Cooling Description
Window Unit(s)
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.24 Acres
Other Property Details
Area Name
Burbank
Days on Market
25
Garage
Yes
Garage Spaces
1
Parking
Carport, Garage - 1 Car
Parking Total
8
View
No
County
Los Angeles
Pool
No
Zoning
BUR3*
Listing History
Date | Event | Price |
---|---|---|
8/16/2024 | Price change | $2,350,000 -11% |
Listed by Gregory Shindler with Marcus & Millichap
Listing Contact: 310-903-7667
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Ken Sisson shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 8/23/2024