600 E Olive Ave - Apartments FOR SALE
Burbank, CA 91501 |
600 E Olive Ave
Burbank, CA 91501
HIGHLIGHTS
- Price Reduced by $1,300,000!
- Spacious apartment homes averaging 1,282 square feet
- Value-Add Opportunity: $375/unit/month rental upside
- Attractive Going-In Cap Rate: 5.7% on in-place rent roll; 6.7% cap rate at market rent with light renovation
- 89 Walk Score: Very walkable
- Prime Burbank Location with Close Access to Warner Bros. and The Walt Disney Company Studios
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Price Reduced | 68 Units | 5.7% Cap
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
88330
STORIES
3
YEAR BUILT
1973
PARKING SPACES
-
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
2455-018-023
