What is the price per square foot at 1819 W Alameda Avenue, Burbank, California 91506?

The price per square foot at 1819 W Alameda Avenue, Burbank, California 91506 is $406/sqft, based on a list price of $7,850,000 and 19,358 square feet of living space.

How many bedrooms and bathrooms does 1819 W Alameda Avenue, Burbank, California 91506 have?

1819 W Alameda Avenue, Burbank, California 91506 has 40 bedrooms and 40 bathrooms with 19,358 square feet.

When was 1819 W Alameda Avenue, Burbank, California 91506 built?

1819 W Alameda Avenue, Burbank, California 91506 was built in 1986, making it 40 years old.

What is the lot size at 1819 W Alameda Avenue, Burbank, California 91506?

The lot size at 1819 W Alameda Avenue, Burbank, California 91506 is 16,278 square feet.

How long has 1819 W Alameda Avenue, Burbank, California 91506 been on the market?

1819 W Alameda Avenue, Burbank, California 91506 has been on the market for 25 days. This is a relatively recent listing.

What type of property is 1819 W Alameda Avenue, Burbank, California 91506?

1819 W Alameda Avenue, Burbank, California 91506 is a Residential Income property located in Burbank.

What is the current status of 1819 W Alameda Avenue, Burbank, California 91506?

1819 W Alameda Avenue, Burbank, California 91506 is currently available for purchase. The listing status is "Active".

1819 W Alameda Avenue, Burbank, CA 91506

1819 W Alameda Ave

Burbank, CA 91506

$7,850,000

40 beds40 baths19,358 sq ft25 days on market

Bedrooms

Bathrooms

19,358

Square Feet

Days on Market

About

1819 W. Alameda Ave is offered at a 6.20% cap rate and comprises 20 units in Burbank's Rancho Adjacent neighborhood, near the center of the city between Verdugo and Alameda Avenues. The unit mix includes 16 two-bedroom/two-bathroom units and 4 two-bedroom/one-bathroom units, 11 of which have already been remodeled giving new ownership a clear value-add roadmap: renovate the remaining nine units to bring them to market rent and capture the property's approximately 15% loss to lease by filling existing vacancies. Additional upside exists in monetizing the property's 40 parking spaces, which currently sit unrented.

Listed by Douglas Steinriede with Dover Management Corp. (818) 843-5200

Quick Facts

Property Type

Residential Income

Status

Active

MLS Number

26865431

Year Built

1986

Lot Size

0.37 acres

Property Type

Residential Income

Status

Active

MLS Number

26865431

Year Built

1986

Lot Size

0.37 acres

Contact Agent

Vince Allan

DRE Lic. #01421798

Ask a question or request a showing.

Location

Click to interact with map

Details

Contact Agent

Vince Allan

DRE Lic. #01421798

Ask a question or request a showing.

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22 units
Residential Income
13,925 building square feet

≈$360K/unit
0.4 acre lot
built in 1962

Listed by David Leibowitz with Investment Real Estate Associates

$7,999,999

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25 units
Residential Income
15,080 building square feet

≈$320K/unit
0.47 acre lot
built in 1956

Listed by Jacob Plewa with REMAX COMMERCIAL & INVESTMENT REALTY

$7,000,000

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17 units
Residential Income
11,058 building square feet

≈$410K/unit
0.24 acre lot
built in 1963

Listed by David Leibowitz with Investment Real Estate Associates

$10,150,000

700 S 6th St, Burbank

34 units
Residential Income
20,768 building square feet

≈$300K/unit
0.43 acre lot
built in 1958

Listed by Roderick 'Rick' Raymundo with Marcus & Millichap

$7,650,000

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Residential Income
17,020 building square feet

≈$350K/unit
0.36 acre lot
built in 1969

Listed by Filip Niculete with Marcus & Millichap

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20 units
Residential Income
17,654 building square feet

≈$330K/unit
0.39 acre lot
built in 1957

Listed by Roderick 'Rick' Raymundo with Marcus & Millichap

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Mixed Use
22,124 building square feet

≈$260K/unit
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14 units
Residential Income
18,080 building square feet

≈$360K/unit
0.38 acre lot
built in 1988

Listed by John Boyett with CBRE

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1819 W Alameda Avenue, Burbank, California 91506

About

Quick Facts

Location

Details

Interior Features

Kitchen & Appliances

Exterior & Lot

Parking & Storage

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