48
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$1,695,000
Est. payment /mo
5,871 Sqft Lot
Active
2660 N Frederic ST Burbank, CA 91504
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UPDATED:
04/08/2023 03:13 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CNSR23020786
Originating Board CRISNet
Year Built 1952
Lot Size 5,871 Sqft
Property Description
We are proud to exclusively present the opportunity to acquire this 5-unit apartment investment property, located at 2660 N Frederic St in the city of Burbank. The building was constructed in 1952. The total building rentable space is 3480 sq ft. The unit mix consists of (1) two-bedroom one-bath unit and (4) one-bedroom one-bath units. On a lot size of 5,871 sq ft (0.1348 acres) in BUR4* zone. The units are separately metered for gas and electricity, individual hot water heaters in each unit. The property has 5 parking spaces with assigned individual enclosed single-car garage. The facility offers a community laundry room. Great Value-add opportunity for an operator/owner user or an excellent investment opportunity with an upside in rents. In a prime location of Burbank, near the Burbank Hills by Woodbury University, and within walking distance to the Empire Center, shops, and dining. The property is in close proximity to several major employers like, the Walt Disney Studios, Warner Brothers, Nickelodeon, and the Burbank Studios. As well as a short drive to, IKEA, TESLA, Home Depot, and the Hollywood Burbank Airport. DRIVE BY ONLY! PLEASE DO NOT WALK THE PROPERTY, DO NOT DISTURB RESIDENTS
Location
State CA
County Los Angeles
Area 610 - Burbank
Interior
Laundry Laundry Area, Community Facility
Exterior
Parking Features Garage
Garage Spaces 5.0
Pool None
Building
Lot Description Corners Marked, Grade - Level
Water District - Public
Others
Tax ID 2473021018
Special Listing Condition Not Applicable
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Listed by Frank Rodriguez • Rho Real Estate Investments