1814 Grismer

Burbank, CA 91504
Property listed by FACTIO GROUP, Andres Diaz 323-376-2469
$4,675,000
1814 Grismer Avenue is a turn-key fourteen (14) unit apartment building located in Burbank. Considered the "media capital of the world," Burbank is a major center of the entertainment industry and home to several prominent film and television studios. The opportunity consists of two (2) studio units, ten (10) one-bedroomRead MoreRead Less
Listing Snapshot
Days Online
0
Last Updated
Property Type
Apartment
Lot Size
0.23 Acres
Year Built
1961
MLS Number
CV26141069
Property Location Map
Additional Details
Building
Built in 1961, 1 building, 3 stories, Entry level: 1, Entry location: 1
Community
Sidewalks
Expenses
Electric: $4,614, Fuel: $4,614, Insurance: $16,500, Licenses: $1,826, Maintenance: $7,000, Operating: $121,728, Supplies: $7,000, Trash: $4,614, Water/Sewer: $4,614
Garage
12 spaces
Income
Gross Income: $381,240, Gross ScheduledIncome: $381,240, Net Operating Income: $248,075
Laundry
CommonArea
Lot
0.2322 acres, ElevenToFifteenUnitsAcre
Parking
12 total parking spaces, Assigned
Pool
Private
Sewer
PrivateSewer
Taxes
Additional parcels description:, Parcel Number: 2468005023, Lot: 39
Utilities
Water Source: Private, 14 separate electric meters, 14 separate gas meters
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Charles Fisher
Realtor®
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.