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ResidentialIncome — 1814 Grismer, Burbank, CA

$4,675,000

1814 Grismer, Burbank, CA

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About this property

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.

Property details

Year built
1961
Property type
ResidentialIncome

Location

1814 Grismer • Burbank, CA 91504

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Listed by

Andres Diaz · FACTIO GROUP