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.
19,358 Sq Ft
0.3737 Acres privados Tamanho do lote
investimento
Construído em 1986
MLS/ID do anúncio 26865431
2 Histórias
20 Unidades
CUSTO MENSAL TOTAL
US$ 0
US$ 0
US$ 0
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