Sold
Closed
115 N Myers Street
Burbank CA, 91506
$2,325,000
$348.05 per sqft
Sold
Closed
12 Beds
9 Baths
6,680 sqft
Residential
Built in 1955
Listed by Gregory Shindler with Marcus & Millichap 310-903-7667
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.
24418291
MLSⓇ ID
July 22, 2024
Listed
December 5, 2024
Updated
Map
115 N Myers Street
Burbank CA, 91506
Interior Features
Total Stories
2
Bedrooms
12
Total Bathrooms
9
Appliances
Dishwasher, Dryer, Washer
Laundry Description
Common Area
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.24 Acres
Other Property Details
Area Name
610 - Burbank
Days on Market
41
Garage
Yes
Garage Spaces
1
Parking
Carport, Door-Single, Garage
Parking Total
8
View
No
County
Los Angeles
Pool
No
Zoning
BUR3*
Listing History
Date | Event | Price |
---|---|---|
9/16/2024 | Sold | $2,325,000 |
8/16/2024 | Price change | $2,350,000 -11% |
Listing Contact: 818-212-2700
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 12/5/2024 at 8:29 AM UTC