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1219 S Lake St
Burbank, CA 91502
Multifamily Property For Sale
·
5 Units
Investment Highlights
- * Excellent Rental Location & Motivated Seller
- * Same Ownership for 30 Years
- * All Units are Individually Metered for Gas and Electricity
- * Over 36% Rental Upside & 100% Collections
- * One Townhouse Style Unit
- * Call or Email for an Offering Memorandum
Property Facts
| No. Units | 5 | Building Size | 3,304 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1932 |
| Building Class | C | Parking Ratio | 1.51/1,000 SF |
| Lot Size | 0.14 AC | ||
| Zoning | BUR3* | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 3,304 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1932 |
| Parking Ratio | 1.51/1,000 SF |
| Zoning | BUR3* |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $1,076 | - |
| 1+1 | 1 | $1,134 | - |
| 1+2 | 1 | $1,530 | - |
| 2+2 | 1 | $2,065 | - |
| 3+1 | 1 | $1,331 | - |
Property Taxes
| Parcel Number | 5625-013-007 | Improvements Assessment | $615,500 |
| Land Assessment | $928,557 | Total Assessment | $1,544,057 |
Property Taxes
Parcel Number
5625-013-007
Land Assessment
$928,557
Improvements Assessment
$615,500
Total Assessment
$1,544,057
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