603 N Kenneth Rd - Apartments FOR SALE


Burbank, CA 91501
$2,100,000 USD
818-307-2817
603 N Kenneth Rd, Burbank, CA for Sale
$2,100,000 USD
Apartments - FOR SALE
1/14
null | 4.41% Cap Rate

603 N Kenneth Rd
Burbank, CA 91501


HIGHLIGHTS

  • Prime Burbank location with strong rental demand
  • Close to shopping, dining, schools, and major freeways
  • Excellent value and potential for long-term appreciation

OVERVIEW

Property Overview Address: 603 N Kenneth Ave, Burbank, CA Property Type: Multifamily – Two-Story Residential Building Building Size: 5,488 sq. ft. Lot Size: 7,878 sq. ft. Price: $2,100,000 Investment Highlights: Well-maintained two-story multifamily property in the highly desirable Burbank market. Spacious building offering multiple residential units, ideal for investors seeking stable rental income. Large 7,878 sq. ft. lot with potential for landscaping, amenities, or future expansion. Excellent location with convenient access to shopping, dining, entertainment, and major transportation routes. Strong rental market in Burbank with consistent demand for multifamily housing. Location Overview: Situated in the heart of Burbank, this property offers easy access to top-rated schools, local parks, and entertainment hubs. Close proximity to major freeways provides effortless connectivity to Los Angeles and surrounding areas. The neighborhood is highly sought after for its residential charm and stable rental demand. Investment Potential: Ideal for investors seeking stable rental income and long-term appreciation. Opportunity to add value through upgrades, renovations, or repositioning. Attractive pricing in a competitive Burbank multifamily market. Full detailed OM with financials and rent roll available upon request (register or email). For additional details please contact the Listing Brokers - Natasha Aasadore 818.388.5202 Natasha.Aasadore@evrealestate.com or Juan Carlos Argueta 818.307.2817 JuanCarlos.Argueta@evrealestate.com

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$383 USD /SF

# OF UNITS

5

PRICE/UNIT

$420,000

CAP RATE

4.41%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,880 SF

ZONING

R3, Burbank

APN/PARCEL ID

2459-001-024

ASK ABOUT THIS PROPERTY

Juan Carlos ArguetaEngel & VölkersMore Info
818-307-2817

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Juan Carlos ArguetaEngel & VölkersMore Info
818-307-2817

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.