1814 Grismer ave, Burbank, CA 91504
Active
$5,199,000
14 Units
7 Beds
9 Baths
9,906 Area(sq.ft.)
Lot: 10,113 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 1 | 1 | No | $ 2,500 | $ 2,500 | $ 2,625 |
| Unit 2 | 8 | 1 | 1 | No | $ 2,200 | $ 17,600 | $ 2,310 |
| Unit 3 | 1 | 1 | 1 | No | $ 2,300 | $ 2,300 | $ 2,415 |
| Unit 4 | 1 | 2 | 2 | No | $ 2,800 | $ 2,800 | $ 2,900 |
| Unit 5 | 1 | 2 | 2 | No | $ 2,850 | $ 2,850 | $ 2,950 |
| Unit 6 | 1 | studio | 1 | No | $ 1,800 | $ 1,800 | $ 1,870 |
| Unit 7 | 1 | studio | 1 | No | $ 1,750 | $ 1,750 | $ 1,870 |
| 14 | 14 | 16 | $ 31,600 | $ 154,800 | $ 33,110 |
| MLS #: | GD25094602IT |
| Days On Market: | 221 |
| Listing Date: | April 29, 2025 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 525 |
| Price per unit: | $ 371,357 |
| Year Built: | 1961 |
Property Details
Welcome to Burbank city where an exceptional investment opportunity weights, property is located at the entertainment capital of the world, desirable area in the city of Burbank. With its proximity to major studios, entertainment hubs Burbank town center, IKEA, Empire center, Cost, dining, and shopping. Well, maintain property consist of 14 units (10@1+1 2@ 2+2 2@ studio +1). with swimming pool and common laundry area. 12 parking space +3 tandem Parking. It's an investor's dream come true.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | Yes |
| Gross Operating Income: | $ 381,000 |
| Total Annual Expense: | $ 16,980 |
| Net Operating Income: | $ 268,687 |
Structure
| Community Features: | Sidewalks |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | BUR4* |
| Land Lease Type: | Fee |
| Parking Garage: | Assigned |
| Total Parking: | 12 |
Interior
| AC/Cooling: | Wall/Window Unit(s) |
| Fireplace Rooms: | None |
| Laundry: | Laundry Area |
| Laundry Income: | 1800.00 |
Exterior
| Pool: | True |
| Pool Description: | In Ground |
Detailed Map
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Income
