Address
317 Delaware Road Burbank, CA
Price
$ 5,495,000
Property Attributes
  • MLS#SR21028241
  • TypeIncome
  • CountyLOS ANGELES
  • CityBurbank
  • AreaBurbank
  • Zip91504
  • Style
  • Price$ 5,495,000
  • Bedrooms14
  • Full Bathrooms14
  • Half Bathrooms0
  • Lot Size0.32 Acres
Listing Provided Courtesy Of:
Cindy Hill with Keller Williams Encino-Sherman Oaks.
Data Source:
CRMLS
Property Description

We are proud to represent this 14-unit apartment building in an excellent rental pocket in Burbank. The property is across the street from Burbank High school and minutes away from the Ikea development project, the Burbank mall, and numerous shops and restaurants. The building was constructed in 1962 and well maintained by a long term owner. Its unit mix consists of (14) two-bedroom, two-bathroom units. With a lot size of 13,797 square feet, the property has a total of 15,007 rentable square feet. The property has numerous upgrades consisting of copper plumbing, a new water heater, dual pane windows and sliding doors, fresh paint, and new rain gutters. The majority of the units have been upgraded with hardwood floors and granite countertops. Tenants enjoy large balconies. Unit M is the only unit with washer and dryer hook up and tenants own the appliance. The city of Burbank does not require soft story retrofit but the tuck under parking in the rear of the building was upgraded with steel reinforcement in 2014. The property is located in Burbank, which is a highly desirable rental market and is known as the media capital of the world. It is home to Disney Studios, Warner Brothers, and NBC.The city has over 80 restaurants, 30 movie screens,and 200 stores; its residents enjoy top ranked schools, easy access to the 5 and 134 freeways, and close proximity to the Burbank Metro Link. The property is seperately metered for gas and electricity

Price History
2/11/2021 Listed $5,495,000

General Features

Community Features Suburban, Sidewalks, Urban, Valley
Garage Spaces 14
Garage Y/N Yes
Levels Two
MLS Area 610 - Burbank
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
Sewer Public Sewer
Terms Cash, Cash to Existing Loan, Cash to New Loan
Total Units 14
Zoning BUR4*

Interior Features

Common Walls 1 Common Wall
Laundry Features Common Area

Exterior Features

Lot Features Landscaped
Lot Size Acres 0.32
Lot Size Area 13798
Lot Size Source Assessor
Lot Size Square Feet 13798
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 14
Number of Separate Gas Meters 14
Number of Separate Water Meters 14
Total Parking 14
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91504

Price
AVG $4.66M
$5.5M
Visits
AVG 34
45
Year Built
AVG 1954
1962
Walkscore
AVG 78
90
Data Provided by Walkscore ® not using MLS data

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