1819 W Alameda Ave
burbank, CA 915067.850.000 US$
- 40 BRapprox. 19,358 SF
- Contrato firmado.
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1819 W. Alameda Ave is offered at a 6.20% cap rate and comprises 20 units in Burbank's Rancho Adjacent neighborhood, near the center of the city between Verdugo and Alameda Avenues. The unit mix includes 16 two-bedroom/two-bathroom units and 4 two-bedroom/one-bathroom units, 11 of which have already been remodeled giving new ownership a clear value-add roadmap: renovate the remaining nine units to bring them to market rent and capture the property's approximately 15% loss to lease by filling existing vacancies. Additional upside exists in monetizing the property's 40 parking spaces, which currently sit unrented.
Detalles
19,358 Sq Ft
0.3737 Acres privados Tamaño del lote
inversión
Creado en 1986
MLS/ID del anuncio 26865431
2 Historias
20 Unidades
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