The Grismer Apartments is located in Burbank, one of the most sought-after cities in Los Angeles County. The building is just minutes away from the shopping and eateries located at the Empire Center and Downtown Burbank. The City of Burbank offers not only a quiet corner to call home but… Read More also some of the most major production studios in the entertainment industry! It is also ideally centered near a few major freeways, making it a short distance to cities like Glendale, Toluca Lake and Sherman Oaks. The apartment complex has 8 units in total and features an excellent unit mix. The property consists of all 2 bedroom 1 bathroom units. The property has been so well maintained and has lots of curb appeal. The location incorporates the perfect balance between the coziness of the City of Burbank and the liveliness of being minutes away from hot spots throughout Los Angeles. This premier property is a unique opportunity for an investor looking to expand their portfolio into one of the leading neighborhoods in Los Angeles County! Read Less
Property listed by Baboudjian Properties Inc., Jack Baboudjian 626-657-7575
Listing Snapshot
Days Online
0
Last Updated
Property Type
Apartment
Lot Size
0.32 Acres
Year Built
1944
MLS Number
GD25112025
30 Days Snapshot Of 91504
$1.32M
+9%
(avg) sold price
7
-41%
homes sold
51
-32%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1944, Building area total: 6,800, 1 building, Common walls: NoCommonWalls
Community
Curbs, Park, Sidewalks
Expenses
Electric expense: $350, Fuel expense: $343, Gardener expense: $1,440, Insurance expense: $8,000, Maintenance expense: $7,680, New taxes expense: $32,645, Operating expense: $58,118, Trash expense: $4,068, Water sewer expense: $3,610
Income
Gross income: $220,800, Net operating income: $162,683
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
Confirm your time
Fill in your details and we will contact you to confirm a time.
