Commercial For Sale | Multifamily | Apartment building / Low Rise / Garden Style / 1-3 stories high

440 East San Jose Avenue . Burbank , CA 91501


For sale 8-unit apartment building in Burbank, Ca. For more information please contact the listing agent, Cindy Hill 818-640-4360

Posted: 03/25/2020 5:23 pm | On HOMEiZ: 1504 days | Updated: 4 years ago | Views: 762

Location Map

Property Type

Sold

Property Price

$3050000
$3050000
03/24/2020
8,844.00 Sq. Ft.
$359
8501
Contact listing agent%
3.78%
$0
$115290
17.66
$0
0.755%
$23028

Property Location & Description

For sale 8-unit apartment building in Burbank, Ca. For more information please contact the listing agent, Cindy Hill 818-640-4360
Non Rent Control
The building was constructed in 1960. Its unit mix consists of (2) one-bedroom, one-bathroom units, (2) two-bedroom, one-bathroom units, and (4) two-bedroom, one-and-a-half bathroom units. With a lot size of 8,444 square feet, the property has a total of 8,501 rentable square feet.
The property is located in Burbank, which is a highly desirable rental market and is known as the media capital of the world. It is home to Disney Studios, Warner Brothers, and NBC. The city has over 80 restaurants, 30 movie screens, and 200 stores; its residents enjoy top ranked schools, easy access to the 5 and 134 freeways, and close proximity to the Burbank Metro Link. Burbank is not subject to rent control.
8
$381250
No.
Description
No. Units
Sq. Ft.
Avg. Mo. Rent
1.
1+1 
 
2.
2+1 
 
3.
2+2 
 
4.
 
 
 
5.
 
 
 
100%
Wood & Stucco
2
1960
Good
Tremendous upside in rents-not subject to rent control
Excellent unit mix-large units
Walking distance to the Burbank mall

Property Information

Sewer

Sewer System (Public)

Parking

Off-street
On-street
Assigned Parking
8

Investment Overview

Investor

Energy Efficiency

No
No Data
N/A
N/A
No
No
No
No

Neighborhood lifestyle

Urban Core

More information

Listing Info

Listing ID: 2232
Sold

For Sale

$3,050,000

Listing Presented by

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