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2660 N Frederic St
Burbank, CA 91504
Multifamily Property For Sale
·
5 Units
Investment Highlights
- * 5 unit apartment investment opportunity
- * Constructed in 1952 / Rents with annual 10% increase .
- * Great investment opportunity at 3.62% CAP and GRM of 19.9
- * Rentable space of 3480 sf
- * Value-add investment with significant upside in rents
- * Excellent unit mix of (1) two bedroom, one bath unit and (4) one bedroom, one bath units.
Property Facts
| No. Units | 5 | Building Size | 3,480 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Building Class | C | Year Built | 1952 |
| Lot Size | 0.13 AC | Parking Ratio | 1.44/1,000 SF |
| Zoning | BUR4* | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 3,480 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1952 |
| Parking Ratio | 1.44/1,000 SF |
| Zoning | BUR4* |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,409 | 645 |
| 2+1 | 1 | $1,400 | 900 |
Property Taxes
| Parcel Number | 2473-021-018 | Improvements Assessment | $408,000 |
| Land Assessment | $1,142,400 | Total Assessment | $1,550,400 |
Property Taxes
Parcel Number
2473-021-018
Land Assessment
$1,142,400
Improvements Assessment
$408,000
Total Assessment
$1,550,400
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