2310 Washington Cir - Apartments FOR SALE


Burbank, CA 91504- Vega
$2,250,000 USD
626-255-9123
2310 Washington Cir, Burbank, CA for Sale
$2,250,000 USD
Apartments - FOR SALE
1/1
null | 4.37% Cap Rate

2310 Washington Cir
Burbank, CA 91504
Vega


HIGHLIGHTS

  • Minutes from the Burbank Empire Center
  • Minutes to Freeway access.
  • Great upside potential.

OVERVIEW

Exceptional Investment Opportunity in Prime Burbank! Introducing a chance to own a 7-unit apartment building ideally situated in the bustling heart of Burbank, California. With 7,373 square feet of living space sprawled over a 10,764 square-foot lot, this two-story gem offers both location and potential, making it a must-see for savvy investors. Centrally located just minutes from the vibrant Burbank Empire Center, it provides tenants easy access to a wide range of shopping and dining options. The building comprises five spacious two-bedroom, one-bath units, and two generous three-bedroom, two-bath units. Parking includes three garage spaces and six carports, each with additional storage. A community laundry room with coin-operated machines adds tenant convenience and generates an additional income stream. With its potential for reorganization, this property offers significant upside income opportunities, perfect for those looking to expand their investment portfolio in a high-demand rental market. Don’t miss your chance to invest in this highly sought-after area.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$305 USD /SF

# OF UNITS

7

PRICE/UNIT

$321,429

CAP RATE

4.37%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,764 SF

ZONING

-

APN/PARCEL ID

2473-025-009

ASK ABOUT THIS PROPERTY

Steven SakataRE/MAX GALAXYMore Info
626-255-9123

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Steven SakataRE/MAX GALAXYMore Info
626-255-9123

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.