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328 E Tujunga Avenue
Burbank, California CA 91502-2904
$2,775,000 Price
Active Status
6,646 SqFt
0.175 Acres
BB22234092 Listing ID
Prime Location! Quality 8-unit building located in the heart of downtown Burbank. Pride of ownership in these well-maintained units that have been in the family for decades. Most units have some or all upgrades, 3 garage parking in front, and carports in the back. The wonderful courtyard allows some of the upstairs units to have balconies and patios with a view of the mountains. Walk to great shopping, restaurants, and Burbank Towncenter. Located 3 blocks from Burbank Police/Fire departments and Burbank Public library. Burbank is known to be the Media Capital and is home to Disney, Warner Bros, Nickelodeon, Netflix, and Burbank Studios, Close to Ikea, Hollywood/Burbank Airport, St. Joseph's Hospital, Hollywood Bowl, and DTLA. Burbank Amenities also include Debell Golf Course, Award-winning parks & recreation, LA Equestrian Center, and Starlight Bowl. The City of Burbank is an incorporated city with its own Police/Fire, Schools and is not under LA city rent control. All tenants are on month-to-month. Unit makeup consists of 2) 1br-1 bath, 5)2br -1 bath and 1) 3br-2 bath. The 3-bedroom unit is renovated and vacant and can be viewed with an appointment.
Schedule Showing Virtual Tour
Status Active
County Los Angeles
Year Built 1962
Price/SqFt $417.54
Property Type Residential Income
Residential Income
Property Sub Type Apartment

Primary Features

County: Los Angeles
Price Before Reduction: 2999999
Price Reduction Date: 2023-02-02T23:47:23+00:00
Price/SqFt: 417.54
Property Sub Type: Apartment
Property Type: Residential Income
Year Built: 1962
Zoning: BUR5*

Interior

Average 1 Bed Area Units: Square Feet
Average 2 Bed Area Units: Square Feet
Average 3 Bed Area: 2000
Average 3 Bed Area Units: Square Feet
Average Studio Area Units: Square Feet
Building Area Units: Square Feet
Common Walls: 2+ Common Walls
Garage Spaces: 3
Laundry: yes
Laundry Features: Common Area, Individual Room
Levels: Two
Stories Total: 2

External

Construction Materials: Stucco
Fence: yes
Fencing: Block
Lot Features: Rectangular Lot
Lot Size Area: 7620
Lot Size Source: Assessor
Lot Size Square Feet: 7620
Number Of Buildings: 1
Parking Total: 8
Pool Features: None
Private Pool: no
Property Attached: yes
Roof: Composition
Sewer: Sewer Paid
Uncovered Spaces: 5
Water Source: Public

Location

Country: US
Elevation Units: Feet
MLS Area Major: 610 - Burbank

Additional

Additional Parcels: no
Community Features: Sidewalks, Street Lights
Days On Market: 93
List Agent State License: 01900152
List Office State License: 01877665
Lot Size Units: Square Feet
New Construction: no
Number Of Separate Electric Meters: 9
Number Of Separate Gas Meters: 9
Number Of Separate Water Meters: 1
Number Of Units Leased: 7
Number Of Units Total: 8
Parcel Number: 2453021010
Senior Community: no
Year Built Source: Assessor

Financial

Cap Rate: 3.73
Electric Expense: 1915
Fuel Expense: 3534
Gardener Expense: 1200
Gross Multiplier: 21
Gross Operating Income: 101028
Gross Scheduled Income: 143904
Insurance Expense: 7006
Land Lease: no
Laundry Income: 69
Maintenance Expense: 1800
Net Operating Income: 111926
New Taxes Expense: 40065
Operating Expense: 31978
Price Per Unit: 346875
Rent Control: no
Special Listing Conditions: Standard
Tax Block: 43
Tax Census Tract: 3107.04
Tax Lot: 14
Tax Tract Number: 3107
Tenant Pays: Electricity, Gas, Trash Collection
Total Actual Rent: 8375
Total Expenses: 31978
Trash Expense: 1919

Zoning Info


© 2023. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Any correspondence from IDX pages are routed to MEDIA WEST REALTY INC or one of their associates. Last updated Saturday, February 4th, 2023.

Based on information from CARETS as of Saturday, February 4th, 2023 04:04:02 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Listed by: Cameron Hunter, DRE #01900152 from Media West Realty,Inc. 818-845-9700

Contact - Listing ID BB22234092

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Bryan Ochse

4417 West Magnolia Boulevard
Burbank,, CA 91505
Phone: 818679-5463

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