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470 E Angeleno Ave
Burbank, CA 91501 Burbank

$11,500,000 USD

Apartments For Sale  •  33,273 SF

Property Details

  • Property Type Apartments
  • Total Building Size 33,273 SF
  • Lot Size 0.52 AC
  • Building Class C
  • Year Built 1963
  • Cap Rate 5.37 %
  • Zoning R4
53 Transit Score
92 Walk Score

Highlights

Prime Location in the Heart of Burbank
Strong Value-Add Potential With Below-Market Rents
Well-Maintained 44-Unit Building With Attractive Amenities
Desirable Mix of One- and Two-Bedroom Units
Supply-Constrained Market With High Tenant Demand
Burbank – One of Southern California’s Most Stable Submarkets

Property Flyers

Cap Rate: 5.37 %

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony
  • Cable Ready
  • Laundry Facilities
  • Microwave
  • Heating
  • Recycling
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Carpet
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Downtown Burbank (Antelope Valley Line - Amtrak, Pacific Surfliner - Amtrak, Ventura County Line - Amtrak) 3 min 14 min 0.8 mi
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 7 min - 3.4 mi
AirportDriveWalkDistance
Bob Hope 11 min - 6.2 mi
Los Angeles International 40 min - 26.4 mi
Long Beach (Daugherty Field) 44 min - 32.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 22
Type: Surface
Included in Rent: Yes
Robert Narchi 310-486-9900 Marcus & Millichap
Robert Narchi 310-486-9900 Marcus & Millichap