440 East San Jose Avenue, Burbank, CA 91501

$3,200,000
8,501
SqFt
List Price
$3,200,000
Price Change
▼ $50,000 1568080211
MLS#
SR19132255
Living Sq. Ft
8,501
Lot Size
8,844
Property Type
Multifamily
Status
Active

Property Description

We are proud to represent this 8-unit apartment building. The building was constructed in 1960. Its unit mix consists of (2) one-bedroom, one-bathroom units, (2) two-bedroom, one-bathroom units, and (4) two-bedroom, one-and-a-half bathroom units. With a lot size of 8,444 square feet, the property has a total of 8,501 rentable square feet. The property is located in Burbank, which is a highly desirable rental market and is known as the media capital of the world. It is home to Disney Studios, Warner Brothers, and NBC. The city has over 80 restaurants, 30 movie screens, and 200 stores; its residents enjoy top ranked schools, easy access to the 5 and 134 freeways, and close proximity to the Burbank Metro Link. Burbank is not subject to rent control.

Additional Information

Units
8
Gross Scheduled Incom
$163,560
Net Operating Income
$110,456
Year Built
1960
View
Pool Description
No Pool
Lot Description
Sidewalks
Sewer
Public Sewer
Water
Water District, Public

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Keller Williams Realty-Studio City, Cindy Hill.

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