303 E Alameda Avenue, Burbank, CA 91502 (MLS # SR18242869)
** 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.*
610 - Burbank
||610 - Burbank
Listing provided by : Levon Alexanian CalDRE: 00911091, Keller Williams World Media Ce
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