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360 W Alameda Ave
Burbank, CA 91506
Multifamily Property For Sale
·
12 Units
Investment Highlights
- Pride of ownership 12 unit apartment building in excellent media district of Burbank
- Property is two separate assessor parcel numbers and is situated on a 18,480 square foot lot
- Substantial upside in rents; Burbank is subject to AB1482 rent control
- First time on the market in 42 years
- The property has an excellent unit mix consisting of (8) two bedroom one bath units and (4) one bedroom one bath unit. The units are large
- Building has a pitched roof, mostly copper plumbing, and new windows. Units have been upgraded with new flooring as the units have turned
Property Facts
| No. Units | 12 | Lot Size | 0.42 AC |
| Property Type | Multifamily | Building Size | 11,440 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1953 |
| Building Class | C | Parking Ratio | 1.05/1,000 SF |
| Zoning | BUR4* | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.42 AC |
| Building Size | 11,440 SF |
| No. Stories | 2 |
| Year Built | 1953 |
| Parking Ratio | 1.05/1,000 SF |
| Zoning | BUR4* |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 8 | - | - |
Property Taxes
| Parcel Number | 5625-020-004 | Improvements Assessment | $302,186 |
| Land Assessment | $173,266 | Total Assessment | $475,452 |
Property Taxes
Parcel Number
5625-020-004
Land Assessment
$173,266
Improvements Assessment
$302,186
Total Assessment
$475,452
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