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

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