139-143 N Beachwood Dr - Apartments FOR SALE
Burbank, CA 91506 |
139-143 N Beachwood Dr
Burbank, CA 91506
HIGHLIGHTS
- Rare non-rent controlled fully renovated 12-unit building (100% Occupied) in the Prime Burbank area.
- ncredible Current Cap Rate of 5.5% and 13.16 GRM after lease-up with upside to 5.64% Cap Rate and 12.86 GRM
- Priced at only 362k/door for renovated bungalow style units
- Diverse Unit Mix consisting of 2 (2bed/1bath), 4 (1bed/1bath), 6 (studio/1bath)
- Individually metered for Gas & Electricity
- Preliminary plans to add 4 ADUs (2 Attached & 2 Detached) to improve the numbers to only 271k/door
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
350k Reduction! 12 Renovated Units 5.5% Cap !
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Garden
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
14088.443
STORIES
2
YEAR BUILT
1950
PARKING SPACES
6
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
2446-020-020
