2660 N Frederic Street, Burbank, CA 91504

About this property

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

Listing description from the September 2023 sale, as reported to CRMLS.

Sale history

$1,520,000

Sold September 2023 · listed $1,600,000, orig. $1,725,000, on market February 2023 · MLS #SR23020786 · Source: CRMLS

Listing Agent: Frank Rodriguez · Listing Office: Rho Real Estate Investments · Contact: 818-381-6440 · Bought with: Razmik Tatos · Realty Executives Power Group

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