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Sold for $1,520,000 on 09/08/23
  • Listing Provided by: 

    Frank Rodriguez DRE #01807520 818-381-6440,

    Rho Real Estate Investments

    $1,520,000

    2660 N Frederic St, Burbank, CA 91504

    --beds
    --baths
    3,480sqft
    Multi Family
    Built in 1952
    -- sqft lot
    $1,654,300 Zestimate®
    $437/sqft
    $2,298 Estimated rent

    What's special

    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

    Zillow last checked: 7 hours ago

    Listing updated: September 08, 2023 at 04:45pm

    Listing Provided by:

    Frank Rodriguez DRE #01807520 818-381-6440,

    Rho Real Estate Investments

    Bought with:

    Razmik Tatos, DRE #00997879

    Realty Executives Power Group

    Source: CRMLS,MLS#: SR23020786MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,480
    • Total interior livable area: 3,480 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage Faces Rear
    • Garage spaces: 5
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 5,871 sqft
    • Features: Cul-De-Sac, Level
    Details
    • Parcel number: 2473021018
    • Zoning: BUR4*
    • Special conditions: Standard,Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1952

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs
    Location
    • Region: Burbank

    Other

    Other facts
    • Listing terms: Cash to New Loan
    Services availability
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    Estimated market value

    $1,654,300