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1814 Grismer Ave 14 Unit Apartment Building $7,192,244 CAD ($513,732 CAD/Unit) 5.17% Cap Rate Burbank, CA 91504
EXECUTIVE SUMMARY
Welcome to Burbank city where an exceptional investment opportunity weights, property is located at the entertainment capital of the world, desirable area in the city of Burbank. With its proximity to major studios, entertainment hubs Burbank town center, IKEA, Empire center, Cost, dining, and shopping. Well, maintain property consist of 14 units (10@1+1 2@ 2+2 2@ studio +1). with swimming pool and common laundry area. 12 parking space +3 tandem Parking. It's an investor's dream come true.
My listings also available
1157 Justin Ave Glendale CA 91201,
1138 N Parish PL Burbank CA 91206
335-337 E Providencia Ave Burbank 91502
My listings also available
1157 Justin Ave Glendale CA 91201,
1138 N Parish PL Burbank CA 91206
335-337 E Providencia Ave Burbank 91502
PROPERTY FACTS
| Price | $7,192,244 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $513,732 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.23 AC |
| Cap Rate | 5.17% | Building Size | 9,906 SF |
| No. Units | 14 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1961 |
| Zoning | R4, Burbank - R3 Uses, Churches, Schools, Childcare, Homeless Shelter | ||
| Price | $7,192,244 CAD |
| Price Per Unit | $513,732 CAD |
| Sale Type | Investment |
| Cap Rate | 5.17% |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 9,906 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1961 |
| Zoning | R4, Burbank - R3 Uses, Churches, Schools, Childcare, Homeless Shelter |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Storage Space
- Granite Countertops
- Tub/Shower
- Vinyl Flooring
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 10 | - | - |
| 2+2 | 2 | - | - |
1 1
Walk Score®
Very Walkable (86)
PROPERTY TAXES
| Parcel Number | 2468-005-023 | Improvements Assessment | $3,532,190 CAD |
| Land Assessment | $2,344,089 CAD | Total Assessment | $5,876,279 CAD |
PROPERTY TAXES
Parcel Number
2468-005-023
Land Assessment
$2,344,089 CAD
Improvements Assessment
$3,532,190 CAD
Total Assessment
$5,876,279 CAD
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1814 Grismer Ave
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