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Stacy Charlton

Stacy Charlton
CalBRE License #: 01278325
RE/MAX Empower
Burbank, CA 91502

818-434-6683
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Listing 11 out of 157
$1,850,000 For Sale

1110 Leland Way
Burbank, CA 91504

5 units | Multi Family Home
7457 sq ft - MLS# SR18282352
Property Photo
1/7

Description

We are proud to represent this 5-unit apartment building. The building was constructed in 1990. Its unit mix consists of (3) two-bedroom, one-bathroom units and (2) one-bedroom, one-bathroom units. With a lot size of 7,458 square feet, the property has a total of 4,413 rentable square feet. The property has been well maintained by a long term owner. Property has central Hvac units which have all been replaced, secured parking, and upstair units have balconies. 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. Burbank is not subject to rent control. The property is fully occupied and is separately metered for gas and electricity.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 91504
  • Year Built: 1990
  • Units: 5 units
  • # of Parking Spaces: 5.00
  • Lot Size: 7457 sq ft
  • Zoning: BUR3*
  • Area: 610 - Burbank
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 4413.00
  • Building Area Units: Square Feet
  • Common Walls: 1 Common Wall
  • Community Features: Suburban, Urban, Valley
  • Country: US
  • Directions: South of Glenoaks; North of the 5
  • Electric Expense: 521.50
  • Fuel Expense: 1043.00
  • Gross Income: 85787.00
  • Gross Scheduled Income: 85787.00
  • Heating: Forced Air
  • Heating YN: Yes
  • Insurance Expense: 176.12
  • Laundry Features: Community
  • Laundry YN: Yes
  • Listing Agent License: 00885625
  • Listing Office License: 01428774
  • Lot Features: 26-30 Units/Acre, Cul-De-Sac, Landscaped
  • Lot Size Area: 7458.0000
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CN
  • Net Operating Income: 55476.00
  • New Taxes Expense: 23125.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Operating Expense: 30311.00
  • Property Attached YN: Yes
  • Sewer: Public Sewer
  • Total Actual Rent: 9400.00
  • Total Expenses: 30311.00
  • Water Sewer Expense: 521.50
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Keller Williams Realty-Studio, Cindy Hill



Stacy Charlton | 818-434-6683 | Email Me
707 S Victory Blvd - Burbank, CA 91502
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