240 East Alameda Avenue

Burbank, California 91502

Single Family

2 beds

  • Property Details

    Accepting back-up offers. HUGE PRICE REDUCTION! Great opportunity! Two adjacent properties in the city of Burbank, CA with about 100 FT of frontage and almost 13,000 SF combined, Zoned C-2 in the area of mixed use, back alley access; TO BE SOLD TOGEHTER ONLY, 240 E Alameda and 236 E Alameda (pls. see a separate listing for the 2nd property) Plans are ready for a 28 room motel to be submitted to the City of Burbank for review and approval; buyers to do their own investigation with the city planning. Main value is in the future use; however both houses are rented out and bring a combined gross income of $4,700.00 a month. DRIVE BY ONLY! PLEASE DO NOT GO ON THE PROPERTY AND DO NOT DISTURB TENANTS! BOTH PROPERTIES ARE SOLD AS IS!
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  • Additional Property Information

    This single family listing located at 240 East Alameda Avenue, Burbank, CA boasts two bedrooms. The property is presently selling at $899,000.

    This property is presented by Iris Melkumyan of Dilbeck Real Estate based in California.

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