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303 E Alameda Ave
Burbank, CA 91502

303 Apartments · Multifamily Property For Sale · 20 Units

PROPERTY FACTS

No. Units 20
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.32 AC
Building Size 17,572 SF
No. Stories 2
Year Built 1963

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Heating
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • Controlled Access
  • Laundry Facilities
  • Online Services
  • Public Transportation

About 303 E Alameda Ave , Burbank, CA 91502

The Alexanian Apartment Advisors are pleased to present to you 303EAST, an iconic multi-family asset in non-rent controlled Burbank Ca. 303EAST is a modernized 20 unit building encompassing spacious floor plans with upgraded units. The offering is being delivered at 16.4 GRM on current in-place rents. Great unit mix of (6) 1+1 , (13) 2+1.75, and (1) 2+1.75 penthouse unit overlooking the Verdugo Mountains. Across the street from Trader Joe's, Starbucks, Ralph's, The Habit, Walgreen's. Unit upgrades include stainless steel appliances, granite counter tops, newer cabinetry, wood plank flooring. Strong street visibility, extensive capital improvements, and architectural features contribute to an almost non-existent vacancy factor. Some of the extensive property upgrades also include central AC, solar panels on the roof, polyurethane coated roof, new concrete walkways, lighting and signage. There is a large laundry room & parking on site. * Please contact listing agent for full offering memorandum. *

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2453-039-025
Land Assessment
$3,499,666
Improvements Assessment
$5,249,500
Total Assessment
$8,749,166

zoning

Zoning Code C2, Burbank
C2, Burbank
  • Listing ID: 14612199

  • Date on Market: 12/11/2018

  • Last Updated:

  • Address: 303 E Alameda Ave, Burbank, CA 91502

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