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1105 W Clark Ave
For Sale $1,595,000 ($544.74 per Sq Ft)
$1,595,000 ($544.74 per Sq Ft)
- 6 Bedrooms
- 4.00 Bathrooms
- 2,928 Sq Ft
- 8,325 Sq Ft
Description
$100,000 PRICE REDUCTION. BURBANK 4-PLEX.Excellent opportunity to acquire an income property in a high-demand location at the heart of Burbank. The current price creates an opportunity for value add and strong upside potential. This well-positioned 4-plex features a desirable unit mix of (2) 2-Bedroom units and (2) 1-Bedroom units.Property features include a new $10k main gas line upgrade, a new water heater, and a new coin-operated washer and dryer in the community laundry area. Separately metered gas and electric for all four units allow for low landlord overhead.1105 Clark offers significant value-add potential through cosmetic updates and land utilization. Situated on a spacious 8,325 sq ft lot, the property presents potential for future development, including possible ADU or SB 1211 scenarios (Buyer to verify). Interiors feature original hardwood floors in some units. Tenants enjoy a 4-car garage. Located steps from George Izay Park, Walt Disney Elementary, and Burroughs High. This location maintains historically low vacancy rates.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,595,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 2,928 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1952 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 2446007003 |
| MLS # | 25615183 |
| Property ID | 322329415 |
| Lot Sqft | 8,325 |
| Zoning | BUR3* |
| Total Units | 4 |
| Days on Market | 30 |
| Original List Price | $1,695,000 |
| Date Updated | November 24, 2025 |
| Date Created | November 05, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 1 | 1.00 | $1,745 | $4,300 |
| Unit #2 | 2 | 1.00 | $1,991 | $4,800 |
| Gross Income (Yr) | $ 92,165 |
| Operating Expenses | $ 27,418 |
| Net Income (Yr) | $ 64,747 |
| Cap Rate | 4.10% |
Listing Provided By
Gregory Holmes an agent of Coldwell Banker Realty. Lic #01228597
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