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311 E Cedar Ave
Burbank, CA 91502
Cedar Apartments · Multifamily Property For Sale
·
32 Units
PROPERTY FACTS
| No. Units | 32 | Lot Size | 0.41 AC |
| Property Type | Multifamily | Building Size | 22,536 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1989 |
| Building Class | C | Parking Ratio | 2.31/1,000 SF |
| Zoning | R4, Burbank - Multiple Dwelling | ||
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.41 AC |
| Building Size | 22,536 SF |
| No. Stories | 2 |
| Year Built | 1989 |
| Parking Ratio | 2.31/1,000 SF |
| Zoning | R4, Burbank - Multiple Dwelling |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Disposal
- Fireplace
- Washer/Dryer
SITE AMENITIES
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Gated
- Maintenance on site
ABOUT 311 E CEDAR AVE , BURBANK, CA 91502
The 311 E Cedar Apartments is a 24-unit building in Burbank. Burbank is ideal for investment as is within 20 Minutes of downtown Los Angeles, and is known as the Media Capital of the World, home for Disney, CNBC, and the many other media companies that are directly or indirectly tide to the Movies and Television business in LA. The subject property was built in 1989 and totals 22,536 square feet and consists of 24 Apartments, 16 units are two-bedroom, 2 baths with an average size of about 1,000 SQFT and 8 Units that are 2-bedroom 1 bath with sizes averaging 850 SQFT. The building has approximately 52 parking spaces (9 are tandem), accessible through 2 underground garages. The subject property also has an interior open courtyard and allows all interior and exterior units great natural light. Units are spacious and have central air and heat, some of the units have balconies, and Laundry rooms and many have open floor plans. The tenants have many walkable amenities such as IKEA, Trader Joe’s and many restaurants.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | 750 |
| 2+2 | 24 | - | 1,000 |
PROPERTY TAXES
| Parcel Number | 2453-030-083 | Improvements Assessment | $5,496,663 |
| Land Assessment | $5,468,229 | Total Assessment | $10,964,892 |
PROPERTY TAXES
