257 E Valencia Ave | Burbank, CA 91502
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
257 E Valencia Ave
Burbank, CA 91502
Multifamily Property For Sale
·
18 Units
INVESTMENT HIGHLIGHTS
- Prime Burbank location within walking distance to retail shops, restaurants, and other amenities.
- Constructed in 1993.
- Strong tenant demand with robust absorption rates, proving an ideal investment destination.
- Excellent unit mix of 22 two bedroom units and 2 one bedroom units.
- No local rent control restrictions; Subject to AB 1482
- Significant upside in rents.
PROPERTY FACTS
| No. Units | 18 | Lot Size | 0.33 AC |
| Property Type | Multifamily | Building Size | 23,206 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1993 |
| Building Class | B | Parking Ratio | 0.69/1,000 SF |
| Zoning | R4, Burbank | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.33 AC |
| Building Size | 23,206 SF |
| No. Stories | 3 |
| Year Built | 1993 |
| Parking Ratio | 0.69/1,000 SF |
| Zoning | R4, Burbank |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Heating
- Kitchen
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | 825 |
| 2+1 | 14 | - | 940 |
| 2+2 | 2 | - | 1,025 |
PROPERTY TAXES
| Parcel Number | 2453-037-056 | Improvements Assessment | $7,074,720 |
| Land Assessment | $3,610,188 | Total Assessment | $10,684,908 |
PROPERTY TAXES
Parcel Number
2453-037-056
Land Assessment
$3,610,188
Improvements Assessment
$7,074,720
Total Assessment
$10,684,908
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
