Cindy Hill
This listing was posted on RealtyWW.
$6,700,000
Home For Sale In Burbank, California
Price:
$6,700,000
BR/BA:
10+ BR, 10+ BA
Location:
240 E Providencia Ave, Burbank, CA
Description:
We are proud to represent this completely renovated 15 unit apartment building in an excellent rental pocket of Burbank. The property has an excellent unit mix consisting of (12) one bedroom one bath units, (2) two bedroom one bath unit, and (1) two bedroom two bath unit. The property is situated on a 17, 821 square foot lot with 100 feet of frontage on two separate assessor parcel numbers. There is an additional 153 square foot storage room that can be used as an office. The property has been completed renovated and the renovations include new plumbing, new roof, new electrical wiring and sub panels, new heating and a/c system with new ducting, new kitchen cabinets and countertops, new bathrooms, recessed lighting, and new interior and exterior paint. All units have washer and dryers. The property is completely turn key and it is at an in place 5 cap rate with upside on existing rents. 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. The property is separately metered for gas and electricity.For more details: https://realtyww.info/homes_burbank-d523821/for-sale_i70651469
Property Type:
Single-Family Houses
Sq feet:
153 sq. ft.
Amenities:
AC, Storage
Posted:
April 16 on RealtyWW
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More About this Listing: Home For Sale In Burbank, California
Home For Sale In Burbank, California is a 10+ BR 10 Bathroom, 10+ BA, 16 Bathroom Single-Family Homes for Sale at 240 E Providencia Ave in Burbank CA. Find other listings like Home For Sale In Burbank, California and listings near 240 E Providencia Ave by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 16 Bathroom Single-Family Homes for Sale in Burbank CA.
Home For Sale In Burbank, California is a 10+ BR 10 Bathroom, 10+ BA, 16 Bathroom Single-Family Homes for Sale at 240 E Providencia Ave in Burbank CA. Find other listings like Home For Sale In Burbank, California and listings near 240 E Providencia Ave by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 16 Bathroom Single-Family Homes for Sale in Burbank CA.