We are proud to represent this 14-unit apartment building in an excellent rental pocket in Burbank. The property is across the street from Burbank High school and minutes away from the Ikea development project, the Burbank mall, and numerous shops and restaurants. The building was constructed in 1962 and well maintained by a long term owner. Its unit mix consists of (14) two-bedroom, two-bathroom units. With a lot size of 13,797 square feet, the property has a total of 15,007 rentable square feet. The property has numerous upgrades consisting of copper plumbing, a new water heater, dual pane windows and sliding doors, fresh paint, and new rain gutters. The majority of the units have been upgraded with hardwood floors and granite countertops. Tenants enjoy large balconies. Unit M is the only unit with washer and dryer hook up and tenants own the appliance. The city of Burbank does not require soft story retrofit but the tuck under parking in the rear of the building was upgraded with steel reinforcement in 2014. 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 seperately metered for gas and electricity
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