360 W Alameda Avenue, Burbank, CA 91506

$3,500,000

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Sold Price
$3,500,000
List Price
$3,900,000
Closing Date
May 22, 2025
Status
CLOSED
MLS#
SR25050071
Year Built
1953
Lot Size
18,480
Acres
0.42
Days on Market
28
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

Property Description

We are proud to represent this 12 unit apartment building in an excellent rental pocket in the heart of Burbank. The building was constructed in 1953. Its unit mix consists of (4) 1+1 units and (8) 2+1 units. With a lot size of 18,480 square feet, the property has a total of 11,440 rentable square feet. 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.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
12
Gross Scheduled Income
$234,060
Operating Expense
86697

Listing courtesy of Listing Agent: Cindy Hill (cindyhill@valleyapartmentsales.com) from Listing Office: Equity Union.

Listing sold by Cindy Hill from Equity Union

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.