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    225 W Alameda Avenue

    Burbank, CA 91502
    • $6,995,000
    • STATUS: ACTIVE
    • ON SITE: 39 Days
    • ID#: AR21197947
    UPDATED: 36 min ago
    $6,995,000
    • 3
      BEDS
    • 0.78
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    An incredible opportunity to own this beautiful asset in the City of Burbank, the "media capital of the world." This property offers 24 units offering 8- two bedrooms and 16 one bedrooms units with great rental upside. Located in close proximity to Walt Disney Studios, Warner Brothers Entertainment,Nicklelodeon Animation Studios, the Burbank Studios, Cartoon Network and Insomnia Games. The increasingly popular Burbank Airport is close by and services the Greater Los Angeles area, Glendale, Pasadena and San Fernando Valley areas. Because of these, couple with high quality public schools and regional transportation make these units a high rental demand as proven by the 4.8% increase in population between 2000-2016. Units like these are few and far in between, so don't miss out and submit your offers! Information are deemed reliable but not verified. Buyers &/or their agents are encouraged do to their own due diligence and investigation specially with all the numerical representations in this listing including but not limited to square footage, income and expenses. Important - Please see remarks. An incredible opportunity to own this beautiful asset in the City of Burbank, the "media capital of the world." This property offers 24 units offering 8- two bedrooms and 16 one bedrooms units with great rental upside. Located in close proximity to Walt Disney Studios, Warner Brothers Entertainment,Nicklelodeon Animation Studios, the Burbank Studios, Cartoon Network and Insomnia Games. The increasingly popular Burbank Airport is close by and services the Greater Los Angeles area, Glendale, Pasadena and San Fernando Valley areas. Because of these, couple with high quality public schools and regional transportation make these units a high rental demand as proven by the 4.8% increase in population between 2000-2016. Units like these are few and far in between, so don't miss out and submit your offers! Information are deemed reliable but not verified. Buyers &/or their agents are encouraged do to their own due diligence and investigation specially with all the numerical representations in this listing including but not limited to square footage, income and expenses. Important - Please see remarks.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.solisteamrealty.com/homes/121208737
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    225 W Alameda Avenue Burbank, CA 91502

    • Price: $6,995,000
    • Status: ACTIVE
    • Updated: 36 min ago
    • ID#: AR21197947
    3
    Beds
    0
    Baths
    0
    ½ Baths
    0.78
    Acres
    Neighborhood:
    Burbank (91502)
    County:
    Los Angeles
    Area:
    Burbank (91502)
    Property Description
    An incredible opportunity to own this beautiful asset in the City of Burbank, the "media capital of the world." This property offers 24 units offering 8- two bedrooms and 16 one bedrooms units with great rental upside. Located in close proximity to Walt Disney Studios, Warner Brothers Entertainment,Nicklelodeon Animation Studios, the Burbank Studios, Cartoon Network and Insomnia Games. The increasingly popular Burbank Airport is close by and services the Greater Los Angeles area, Glendale, Pasadena and San Fernando Valley areas. Because of these, couple with high quality public schools and regional transportation make these units a high rental demand as proven by the 4.8% increase in population between 2000-2016. Units like these are few and far in between, so don't miss out and submit your offers! Information are deemed reliable but not verified. Buyers &/or their agents are encouraged do to their own due diligence and investigation specially with all the numerical representations in this listing including but not limited to square footage, income and expenses. Important - Please see remarks. An incredible opportunity to own this beautiful asset in the City of Burbank, the "media capital of the world." This property offers 24 units offering 8- two bedrooms and 16 one bedrooms units with great rental upside. Located in close proximity to Walt Disney Studios, Warner Brothers Entertainment,Nicklelodeon Animation Studios, the Burbank Studios, Cartoon Network and Insomnia Games. The increasingly popular Burbank Airport is close by and services the Greater Los Angeles area, Glendale, Pasadena and San Fernando Valley areas. Because of these, couple with high quality public schools and regional transportation make these units a high rental demand as proven by the 4.8% increase in population between 2000-2016. Units like these are few and far in between, so don't miss out and submit your offers! Information are deemed reliable but not verified. Buyers &/or their agents are encouraged do to their own due diligence and investigation specially with all the numerical representations in this listing including but not limited to square footage, income and expenses. Important - Please see remarks.
    Exterior Features

    Pool N/K Site CurbsSidewalks

    Interior Features

    Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 0

    Property Features

    Annual Expense Actual 0 Buildings 2 Cfd Mello Roos Fee 2686.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 355788 Possession Close Of Escrow Tenant Pays ElectricityGas/Propane Terms CashConventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 10885.0 Unit2 Rent Actual 18764.0 Zoning Assessor

    Listing provided courtesy of Deasy Penner Podley. Listing information © 2021 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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