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241 W Tujunga Avenue

Burbank, CA 91502
  • $5,300,000
  • STATUS: Active
  • ON SITE: 590 Days
  • ID#: SB21233266
UPDATED: 33 min ago
$5,300,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Listing Agent(s): Norio Kanai of Cosmo Investment (310-782-4657)


Description

Back on the market. Accepting offers. Price reduction. Seller is very motivated and any reasonable offers are entertained. Renovated 15 units apartment except 3 units unrenovated which is the value-add potential for higher rents. Please email the listing agent for the Setup Sheet, Rent Roll, & additional photos of renovated units.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-04T08:26:51.807. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
www.tolivebythesea.com/homes/122648813
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241 W Tujunga Avenue Burbank, CA 91502

  • Price: $5,300,000
  • Status: Active
  • On Site: 590 Days
  • Updated: 33 min ago
  • ID#: SB21233266
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1963
Built
Neighborhood:
610 - Burbank
County:
Los Angeles
Area:
610 - Burbank
Property Description
Back on the market. Accepting offers. Price reduction. Seller is very motivated and any reasonable offers are entertained. Renovated 15 units apartment except 3 units unrenovated which is the value-add potential for higher rents. Please email the listing agent for the Setup Sheet, Rent Roll, & additional photos of renovated units.
Exterior Features

Lot Features 11-15 Units/Acre Number Of Separate Electric Meters 16 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Cap Rate 5.26 Common Interest None Community Features Street Lights Electric Expense 8035 Fuel Expense 8035 Garage YN No Gross Income 32273 Gross Scheduled Income 387276 Insurance Expense 10460 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 278710 New Construction YN No Number Of Separate Gas Meters 16 Number Of Separate Water Meters 1 Operating Expense 108566 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 9262 Water Sewer Expense 8035 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-04T08:26:51.807. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
 
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Beach City Brokers | BCB Premier Estates | The Miller Group
1716 South Catalina Avenue
Redondo Beach CA, 90277
Listing Agent(s): Norio Kanai of Cosmo Investment (310-782-4657)