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1700 Grismer Ave
Burbank, CA 91504
Multifamily Property For Sale · 5 Units

Investment Highlights

  • Owner will carry the 1st trust deed with 40% down payment for 4 years. Interest the first year to be 5%, second year 6%, third year 7%, fourth year 8%
  • Price per sq. ft. $697
  • Interiors are meticulously maintained
  • Incredible value-add opportunity
  • Several Amenities
  • Situated in a desirable Burbank area

Property Facts

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.25 AC
Building Size 6,220 SF
Average Occupancy 100%
No. Stories 1
Year Built 1941
Parking Ratio 1.81/1,000 SF
Zoning BUR-4, Burbank - High Density Multiple-Family Residential District

Amenities

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Freezer

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Trash Pickup - Curbside
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 3 - -
2+1 1 - -
3+2 1 - -

Property Taxes

Property Taxes

Parcel Number
2468-007-030
Land Assessment
$376,701
Improvements Assessment
$195,878
Total Assessment
$572,579
  • Listing ID: 35340568

  • Date on Market: 4/1/2025

  • Last Updated:

  • Address: 1700 Grismer Ave, Burbank, CA 91504

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