601 E Angeleno

Burbank, CA 91501
$4,875,000
Fantastic Burbank location north of Glenoaks blvd, corner property surrounded by several condominium and single family residences. Strong rental market with historically low vacancy and high demand for rental units. The property benefit from mostly 2 bedroom units, has been professionally managed and has an on-site resident manager. Recently painted… Read MoreRead Less
Property listed by Keller Williams R. E. Services, David Issaians 310-259-7556
Listing Snapshot
Days Online
1
Last Updated
Property Type
Apartment
Lot Size
0.27 Acres
Year Built
1964
MLS Number
GD26211929
Property Location Map
Additional Details
Building
Built in 1964, 1 building, 2 stories, Levels: Two, Entry level: 1, Entry location: Street
Community
Biking, Curbs, Golf, Hiking, Mountainous, Park, Sidewalks
Expenses
Electric: $7,500, Gardener: $1,950, Insurance: $19,000, Operating: $125,544, Pest Control: $2,393, Pool: $4,250, Trash: $2,500, Water/Sewer: $5,691
Garage
11 spaces
Home Owner's Association
Association Fee: $0
Income
Gross Income: $393,672, Gross ScheduledIncome: $393,672, Net Operating Income: $260,254
Laundry
CommonArea
Lot
0.267 acres, SixteenToTwentyUnitsAcre, CornerLot, SprinklersInRear, SprinklersInFront, SprinklersManual, SprinklersOnSide
Parking
2 open parking spaces, 13 total parking spaces, Assigned
Pool
Private
Property
UpdatedRemodeled, CityLights
Roof
Shingle
Security Features
CarbonMonoxideDetectors, ResidentManager, SmokeDetectors, SecurityLights
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 2455018019, Tax Block: 25, Lot: 19
Utilities
Water Source: Public, 17 separate electric meters, 16 separate gas meters
Windows
Blinds
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Monthly Payment
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Michael Harby
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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.