1814 Grismer, Burbank, CA 91504
- $4,675,000
- List Price
- $4,675,000
- Status
- ACTIVE
- MLS#
- CV26141069
- Year Built
- 1961
- Lot Size
- 10,116
- Acres
- 0.23
- Lot Location
- 11-15 Units/Acre
- Days on Market
- 31
- Property Type
- Multifamily
- Property Sub Type
- Apartment
Property Description
1814 Grismer Avenue is a turn-key fourteen (14) unit apartment building located in Burbank. Considered the "media capital of the world," Burbank is a major center of the entertainment industry and home to several prominent film and television studios. The opportunity consists of two (2) studio units, ten (10) one-bedroom units and two (2) two-bedroom/two-bathroom units. Additionally, amenities include on-site parking for almost all the units and a gated pool. Lastly, the building has undergone recent capital improvements including a new roof and a new main electrical panel. The city of Burbank does not have traditional rent control but operated under state law (AB 1482). Buyer to verify.
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Additional Information
- Pool
- Yes
- Pool Description
- Private
- Garage Spaces Total
- 12
- Sewer
- Private Sewer
- Water
- Private
- Attached Structure
- Attached
- Number Of Units Total
- 14
- Gross Scheduled Income
- $381,240
- Operating Expense
- 121728
Listing courtesy of Listing Agent: Andres Diaz (andres.diaz@kw.com) from Listing Office: FACTIO GROUP.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.