11908 BURBANK

Estimated Monthly Payment: $30,781/mo 11908 BURBANK, Valley Village, CA 91607 MLS# 18308252 Residential Income Listing Status: Sold
50
28
21,588 sqft
202
5
0
0

REMARKS:

Great opportunity to own a value add 28-unit apartment building in an excellent Valley Village location. Located just East of Laurel Canyon Blvd, the property is close to the NoHo Arts District, Los Angeles Valley College and just minutes to North Hollywood Metro Rail Station. Built in 1956, theproperty is subject to rent control. There is an attractive unit mix of 23 Two-Bedroom/One-Bath Units, Four, One-Bedroom/One-Bath Units and One Studio.The property is situated on a large corner lot at the cross of Burbank Boulevard and Radford Avenue. Residents enjoy the low density feel as well as amenities such as BBQ picnic area, bike racks, gated covered and uncovered parking, nicely landscaped courtyard, and an on-site laundry facility. Currents owners have invested significant capital in interior and exterior renovations including copper re-piping, four new central water heaters, landscaping, and some interior unit renovations including granite counter tops in the kitchens.

OVERVIEW:

18-308252:CLAW
Residential Income
Sold
4/18/2018
Valley Village
1956
21588
43
Wall Heater
Wall Unit(s)

FEATURES:

Range

ROOM INFO:

50
28
28

FINANCIAL:

$6,750,000
$437,581

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Brett Sanson - Marcus & Millichap

 

01369850 

 

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Data last updated: 08/19/2018