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JLee Broker

[email protected] +1(650) 857-1000

Listed by Frank Rodriguez, DRE #01807520 • Rho Real Estate Investments

$1,695,000

Est. payment - /mo

5,871 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CNSR23020786

Year Built 1952

Lot Size 5,871 Sqft

Source CRISNet

Property Description

We are proud to exclusively present the opportunity to acquire this 5-unit apartment investment property, located at 2660 N Frederic St in the city of Burbank. The building was constructed in 1952. The total building rentable space is 3480 sq ft. The unit mix consists of (1) two-bedroom one-bath unit and (4) one-bedroom one-bath units. On a lot size of 5,871 sq ft (0.1348 acres) in BUR4* zone. The units are separately metered for gas and electricity, individual hot water heaters in each unit. The property has 5 parking spaces with assigned individual enclosed single-car garage. The facility offers a community laundry room. Great Value-add opportunity for an operator/owner user or an excellent investment opportunity with an upside in rents. In a prime location of Burbank, near the Burbank Hills by Woodbury University, and within walking distance to the Empire Center, shops, and dining. The property is in close proximity to several major employers like, the Walt Disney Studios, Warner Brothers, Nickelodeon, and the Burbank Studios. As well as a short drive to, IKEA, TESLA, Home Depot, and the Hollywood Burbank Airport. DRIVE BY ONLY! PLEASE DO NOT WALK THE PROPERTY, DO NOT DISTURB RESIDENTS

Location

State CA

County Los Angeles

Area 610 - Burbank

Interior

Laundry Laundry Area, Community Facility

Exterior

Parking Features Garage

Garage Spaces 5.0

Pool None

Building

Lot Description Corners Marked, Grade - Level

Water District - Public

Others

Tax ID 2473021018

Special Listing Condition Not Applicable

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Nearby School & Business

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JLee Broker

+1(650) 857-1000

Broker License ID: 00851314

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2660 N Frederic ST Burbank, CA 91504

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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