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303 E Alameda Avenue, Burbank, CA 91502 (MLS # SR18242869)

Price $8,400,000
Status Active
Beds 0
Baths 0 bath
Home size 17,572 sq ft
Lot Size 13,825 sqft
Days on Market 71
** CALL FOR OFFERS! OFFER DEADLINE 5:00 PM 12/3/18** We are pleased to present to you 303EAST, an iconic multi-family asset in non-rent controlled Burbank Ca. 303EAST is a modernized 20 unit building encompassing spacious floor plans with upgraded units. The offering is being delivered at 16.4 GRM on current in-place rents. Great unit mix of (6) 1+1 , (13) 2+1.75, and (1) 2+1.75 penthouse unit overlooking the Verdugo Mountains. Unit upgrades include stainless steel appliances, granite counter tops, newer cabinetry, wood plank flooring. Strong street visibility, extensive capital improvements, and architectural features contribute to an almost non-existent vacancy factor. Some of the extensive property upgrades also include central AC, solar panels on the roof, polyurethane coated roof, new concrete walkways, lighting and signage. There is a large laundry room & parking on site. *Please contact listing agent for full offering memorandum.*
Property Type(s): Residential Income
Last Updated 10/5/2018 Year Built 1963
Community 610 - Burbank County Los Angeles

Additional Details

AREA 610 - Burbank
LOT 0.3174 acre(s)
LOT DESCRIPTION 16-20 Units/Acre
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 3
WATER Public
ZONING BUC2*

Location

 

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Listing provided by : Levon Alexanian CalDRE: 00911091, Keller Williams World Media Ce

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 12/14/18 11:30 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

This IDX solution is (c) Diverse Solutions 2018.

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