924 West Clark Avenue

Burbank, CA 91506

$1,999,000
Price
3
Beds
4
Baths
2,838 Sq. Ft.
$704 / Sq. Ft.
2,838
Sq. Ft.
$704
per Sq. Ft.

Description

Never Been Offered for Sale! This is a 4-plex on a 6,178 sq/ft lot, located in prime, desirable area of Burbank. These 4 units are within walking distance to George Izay Park, Walt Disney Elementary School, shopping amenities, entertainment studios like Nickelodeon, Warner Bros. and Disney. Not to mention access to the 5 and 134 freeways and even closer to LA Equestrian Center Rents are significantly below market value, which creates an opportunity to have significant improvements in rental income....Never Been Offered for Sale! This is a 4-plex on a 6,178 sq/ft lot, located in prime, desirable area of Burbank. These 4 units are within walking distance to George Izay Park, Walt Disney Elementary School, shopping amenities, entertainment studios like Nickelodeon, Warner Bros. and Disney. Not to mention access to the 5 and 134 freeways and even closer to LA Equestrian Center Rents are significantly below market value, which creates an opportunity to have significant improvements in rental income. These 4 units on one lot consist of Two, 2 bedrooms and Two 1 bedrooms with a total of 6 bedrooms and 6 bathrooms per county records. Each unit has its own gas and electric and A/C units. Situated in a Prime rental district, the location ensures strong rental demand with the proximity to even, Starbucks. Lots of potential for owner / user wanting tenants to help with the mortgage, or investors look for great upside potential. Call for more details. IMPORTANT that you do not disturb the residents an anyway, Please!
  1. Listed by Richard Murray • DRE #01131508 • Brokerage DRE #01131508 • Rick Murray Real Estate Services • 661-713-7800

Property Details for 924 West Clark Avenue

Architectural Style
Traditional
View
None
Parking Spaces Total
5
Private Pool
No
Cooling Type
Wall/Window
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
LISTING UPDATED: 12/19/2024 02:31 AM

Property Details for 924 West Clark Avenue

StatusActive
MLS #SR24166746
Days on Market138
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1949
Lot Size0.14 AC / 6,178 SF
CountyLos Angeles County

Building Information for 924 West Clark Avenue

Stories2Residences-Year Built1949Building Size-Lot Size0.14 AC / 6,178 SF

Property Information for 924 West Clark Avenue

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $3,000
  • Gross Scheduled Income: $78,000
  • Net Operating Income: $72,540
  • Number Of Rented Garages: 1
  • Garage Rental Rate: $250
  • Garage Income: $3,000
  • Current Financing: None
Expense Details
  • Operating Expense: $5,460
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 7036
  • Tax Census Tract: 3108.00
  • CFD/Mello-Roos Fee: $391
  • Tax Lot: 30
Community / Development
Community / Development
  • Accessibility Features: No Interior Steps
  • Disability Access: No Interior Steps
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Gas Water Heater
  • Equipment: Inside, Other
  • Room Type: All Bedrooms Down
  • Bedroom Features: All Bedrooms Down
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: Inside, See Remarks
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Natural Gas
  • Heat Source: Natural Gas
  • Heating: Natural Gas
Exterior Features
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Exterior: Stucco
  • Roof: Spanish Tile
  • Entry Location: 1
  • Fence: Yes
  • Fence: Wrought Iron
  • Fencing: Good Condition, Wrought Iron
  • Property Condition: Updated/Remodeled
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Level with Street, Level, Near Public Transit, Park Nearby
  • Direction Faces: Northwest
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking: Yes
  • Parking Garage: Assigned
  • Parking Garage Spaces: 1
  • Carport Spaces: 4
  • Parking Features: Assigned, Covered
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,700
  • Unit Type Total Rent: $3,700
  • Unit Type Pro Forma: 4500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,200
  • Unit Type Total Rent: $3,200
  • Unit Type Pro Forma: 3600
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Wall AC: 4

Property History for 924 West Clark Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 924 West Clark Avenue

Taxable ValueLand$36,018Additions$206,000Total$242,018
Tax Record2024$3,047 ($254 / month)
Home Facts
Total Finished SqFt2,838 SqFtAbove Grade Finished SqFt2,838 SqFtLot Size6,178 SqFtStyleQuadraplexYear Built1949ZoningBUR4*CountyLOS ANGELESAPN2446-026-014

Schools near 924 West Clark Avenue

This home is within Burbank Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Walt Disney Elementary School
PublicK to 5

Dolores Huerta Middle
Public6 to 8

John Burroughs High School
Public9 to 12

Burbank Usd Community Day School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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924 West Clark Avenue is a multi-family home for sale in Burbank, CA 91506. This property was listed for sale on August 14, 2024 by Rick Murray Real Estate Services, it's currently listed at $1,999,000. This listing's school district is Burbank Unified School District. Nearby schools include Walt Disney Elementary School, Dolores Huerta Middle and John Burroughs High School. 924 West Clark Avenue is a 3-bed, 4-bath, 2,838 sqft multi-family home built in 1949.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Rick Murray Real Estate Services, Richard Murray, DRE #01131508

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.