13901 Burbank Blvd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
13901 Burbank Blvd
8 Unit Apartment Building $2,050,000 ($256,250/Unit) 5.60% Cap Rate Sherman Oaks, CA 91401
Investment Highlights
- Large corner lot in desirable Sherman Oaks area
- 2 double garages will be delivered vacant
- Tremendous parking and nice mix of units
Executive Summary
Well maintained, corner property consisting of a 3br house with 2 baths attached to seven additional units.... there are 3@ 2+1 units, 3@ 1+1, and 1@ 1+Den+1. Lots of upside on the rents. Large 10,375 square foot R-3 Lot. Separate meters. A couple apartments have washer and dryer in unit. Desirable Sherman Oaks location. Great parking with 6 open spots plus a double garage with no door and 2 double garages and 2 single garages. The two double garages will be delivered vacant. This is a Trust Sale, subject to final approval by attorney and Trustee.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
| Price | $2,050,000 | Apartment Style | Low Rise |
| Price Per Unit | $256,250 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.24 AC |
| Cap Rate | 5.60% | Building Size | 13,613 SF |
| Gross Rent Multiplier | 12.8 | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1951 |
| Property Subtype | Apartment | Parking Ratio | 1.8/1,000 SF |
| Price | $2,050,000 |
| Price Per Unit | $256,250 |
| Sale Type | Investment |
| Cap Rate | 5.60% |
| Gross Rent Multiplier | 12.8 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 13,613 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1951 |
| Parking Ratio | 1.8/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
Site Amenities
- Courtyard
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,475 | 500 - 700 |
| 2+1 | 3 | $1,734 | 600 - 800 |
| 3+2 | 1 | $1,932 | 900 - 1,100 |
1 of 1
Walk Score ®
Very Walkable (77)
Bike Score ®
Very Bikeable (75)
PROPERTY TAXES
| Parcel Number | 2246-029-020 | Total Assessment | $1,306,324 (2024) |
| Land Assessment | $851,955 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $454,369 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
2246-029-020
Land Assessment
$851,955 (2024)
Improvements Assessment
$454,369 (2024)
Total Assessment
$1,306,324 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
zoning
| Zoning Code | R3, Los Angeles |
| R3, Los Angeles |
1 of 10
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Hal Lustig Real Estate
13901 Burbank Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.