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W. Clark 5-Unit Residential Development Site 2615 W Clark Ave 5 Unit Apartment Building $1,399,000 ($279,800/Unit) Burbank, CA 91505

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EXECUTIVE SUMMARY

Existing Single-Family Home to remain in addition to the inclusion of FOUR additional units (two - apartments + two ADU) entitlements in progress and can be taken over by new buyer.
Approvals in process. Can be transferred to new owner.
Large Lot Single-Family Dwelling (Good-Condition 2 Bed-1 Bath) Currently Rented Month-to-Month

Clark Ave Dev Burbank 08.14

PROPERTY FACTS

Price	$1,399,000	Apartment Style	Townhome
Price Per Unit	$279,800	Building Class	C
Sale Type	Investment	Lot Size	0.14 AC
Sale Conditions	1031 Exchange Redevelopment Project	Building Size	3,539 SF
No. Units	5	No. Stories	2
Property Type	Multifamily	Year Built	1938
Property Subtype	Apartment
Zoning	R4

Price	$1,399,000
Price Per Unit	$279,800
Sale Type	Investment
Sale Conditions	1031 Exchange Redevelopment Project
No. Units	5
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Townhome
Building Class	C
Lot Size	0.14 AC
Building Size	3,539 SF
No. Stories	2
Year Built	1938
Zoning	R4