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1814 Grismer Ave
Burbank, CA 91504 Vega

$4,675,000 USD

Apartments For Sale • 9,906 SF

Property Details

Property Type Apartments
Total Building Size 9,906 SF
Lot Size 0.23 AC
Building Class C
Year Built 1961
Cap Rate 5.33 %
Zoning R4, Burbank

40 Transit Score

60 Walk Score

                
                    Highlights
                
                                Desirable Burbank Location
                            
                                Subject to State (AB 1482) Rent Control
                            
                                Recent Roof Replacement 
                            
                                New Electrical Main Panel
                            
                                Rents Close to Market Rate

Financial Summary (Actual)

Net Operating Income: $249,425 USD (2025)

Cap Rate:	5.33 %
Total Expenses:	$121,728 USD

Amenities

24 Hour Access
Air Conditioning
Controlled Access
Laundry Facilities
Tenant Controlled HVAC
Kitchen
Refrigerator
Range
Tub/Shower
Walk-Up

Public Transportation

Commuter Rail	Drive	Walk	Distance
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink))	5 min	-	1.9 mi
	5 min	-	1.9 mi
Airport	Drive	Walk	Distance
Bob Hope	9 min	-	4.2 mi
Los Angeles International	42 min	-	27.6 mi
Long Beach (Daugherty Field)	47 min	-	33.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	12
Type:	Surface
Included in Rent:	Yes

Andres Diaz 323-376-2469 KW Commercial

1814 Grismer Ave Burbank, CA 91504 Vega