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555-559 E Olive Ave
Burbank, CA 91501
THE BURBANK PORTFOLIO APARTMENT VILLAS · Multifamily Property For Sale
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42 Units
Investment Highlights
- RARE OPPORTUNITY FOR A LARGE APARTMENT BUILDING
- PRIME BURBANK AREA
- SECURITY CAMERAS AND CONTROLLED ACCESS
- 100% OCCUPIED WITH 100% PAID RENTS
- TRUSTEE SALE DIRECTLY FROM THE BUILDER
- 32 UNITS OUT OF THE 42 BEAUTIFULLY RENOVATED
Property Facts
| No. Units | 42 | Building Size | 36,384 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1988 |
| Building Class | B | Parking Ratio | 2.06/1,000 SF |
| Lot Size | 0.53 AC | ||
| Zoning | BUR4 - Located in the heart of Burbank on East Olive and 6th St., close to Burbank Town Center, great dining, with a Walkscore of 91. (Walker’s Paradise) | ||
| No. Units | 42 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.53 AC |
| Building Size | 36,384 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1988 |
| Parking Ratio | 2.06/1,000 SF |
| Zoning | BUR4 - Located in the heart of Burbank on East Olive and 6th St., close to Burbank Town Center, great dining, with a Walkscore of 91. (Walker’s Paradise) |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
Site Amenities
- Controlled Access
- Fitness Center
- Laundry Facilities
- Pool
- Video Patrol
- Disposal Chutes
- Laundry Service
- Bicycle Storage
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 15 | $2,150 | - |
| 2+2 | 27 | $2,550 | - |
Property Taxes
| Parcel Number | 2455-022-035 | Improvements Assessment | $10,147,801 |
| Land Assessment | $6,765,201 | Total Assessment | $16,913,002 |
Property Taxes
Parcel Number
2455-022-035
Land Assessment
$6,765,201
Improvements Assessment
$10,147,801
Total Assessment
$16,913,002
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