Apartments For Sale • 9,306 SF
| Outstanding 5.42% CAP Rate with Upside in Attractive Burbank Location |
| Not Subject to Los Angeles Rent Control -- Burbank’s Rent Legislation Allows for Higher Rent Increases and is More Favorable to Owners |
| All Seismic Retrofit Repairs Completed (Buyer to Verify) |
| Exquisitely Maintained Courtyard-Style Apartments with New Exterior Paint, Mostly Copper Plumbing |
| Primarily Surrounded by Single Family Residences -- Adjacent to Thriving Magnolia Park Neighborhood |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 3 min | 19 min | 1.0 mi |
| Burbank Airport - North (Av Line) Metrolink Station (Metrolink Antelope Valley Line - Metrolink Trains) | 3 min | - | 1.8 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 6 min | - | 3.2 mi |
| Los Angeles International | 37 min | - | 25.7 mi |
| Long Beach (Daugherty Field) | 48 min | - | 34.2 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 14 |
| Type: | Covered |
| Included in Rent: | Yes |