241 W Tujunga Avenue

    Burbank, CA 91502
    • $6,000,000
    • STATUS: Active
    • ON SITE: 125 days
    • ID#: 19487170
    $6,000,000
    • 23
      BEDS
    • 0.22
      ACRES
    • 23
      BATHS
    • 0
      1/2 BATHS
    • 12,790
      SQFT
    • $469
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    241 W Tujunga Avenue is a two story, 15-unit apartment building in Burbank, CA. The property was built in 1963, sits on a 9,401 square feet lot and contains 12,730 total square footage. There is a very favorable unit mix of seven (7) one-bedroom /one-bathroom units, six (6) two-bedroom/two-bathroom units, one (1) three-bedroom/two-and-a-half bathroom unit, and one (1) three-bedroom/ three-bathroom unit.There have been multiple significant improvements to the building in recent years. Some of these include stucco repairs to the building's exterior and property block walls, repainting the outside of the building, replacing the front gutter, a new security gate at the front entrance, new landscaping, replacement of all exterior sconces and flush mount light fixtures, and replacement to many supply lines with copperplumbing.

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    Based on information from CARETS as of 2019-11-12T23:47:42.517. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.trulinerealty.com/homes/96753999

    241 W Tujunga Avenue Burbank, CA 91502

    • Price: $6,000,000
    • Status: Active
    • ID#: 19487170
    23
    Beds
    23
    Baths
    0
    ½ Baths
    0.22
    Acres
    12,790
    SQFT
    $469
    $/SQFT
    1963
    Built
    Neighborhood:
    Burbank (610)
    County:
    Los Angeles
    Area:
    Burbank (610)
    Property Description
    241 W Tujunga Avenue is a two story, 15-unit apartment building in Burbank, CA. The property was built in 1963, sits on a 9,401 square feet lot and contains 12,730 total square footage. There is a very favorable unit mix of seven (7) one-bedroom /one-bathroom units, six (6) two-bedroom/two-bathroom units, one (1) three-bedroom/two-and-a-half bathroom unit, and one (1) three-bedroom/ three-bathroom unit.There have been multiple significant improvements to the building in recent years. Some of these include stucco repairs to the building's exterior and property block walls, repainting the outside of the building, replacing the front gutter, a new security gate at the front entrance, new landscaping, replacement of all exterior sconces and flush mount light fixtures, and replacement to many supply lines with copperplumbing.
    Exterior Features

    Parking Spaces Total 15 Parking Type Assigned

    Interior Features

    Cooling Type Other Heating Type Other Interior Features Other Total Floors 0 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Unfurnished Unit Furnished05 Unfurnished Unit Furnished06 Unfurnished Unit Furnished07 Unfurnished Unit Furnished08 Unfurnished Unit Furnished09 Unfurnished Unit Furnished10 Unfurnished Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.0 Unit Number Of Bath02 1.0 Unit Number Of Bath03 1.0 Unit Number Of Bath04 1.0 Unit Number Of Bath05 2.0 Unit Number Of Bath06 2.0 Unit Number Of Bath07 2.0 Unit Number Of Bath08 2.0 Unit Number Of Bath09 2.5 Unit Number Of Bath10 3.0 Unit Number Of Bed01 1 Unit Number Of Bed02 1 Unit Number Of Bed03 1 Unit Number Of Bed04 1 Unit Number Of Bed05 2 Unit Number Of Bed06 2 Unit Number Of Bed07 2 Unit Number Of Bed08 2 Unit Number Of Bed09 3 Unit Number Of Bed10 3

    Property Features

    Adjusted Gross Income 409307.00 Assessed Improvement Value 475131.00 Assessed Land Value 83337.00 Cap Rate 4.63 Country United States Of America Expense Total Annual 131732.00 Gross Operating Income 400954.00 Gross Rent Multiplier 14.37 Hoa YN N Legal Disclosures Other Lot Size Source Vendor Enhanced Net Operating Income 277575.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Vendor Enhanced Unit Monthly Rent01 1750.00 Unit Monthly Rent02 1850.00 Unit Monthly Rent03 2045.00 Unit Monthly Rent04 2050.00 Unit Monthly Rent05 2395.00 Unit Monthly Rent06 2495.00 Unit Monthly Rent07 2595.00 Unit Monthly Rent08 2695.00 Unit Monthly Rent09 2795.00 Unit Monthly Rent10 3295.00 Unit Projected Total Monthly Rent01 2050.00 Unit Projected Total Monthly Rent02 1850.00 Unit Projected Total Monthly Rent03 2045.00 Unit Projected Total Monthly Rent04 2050.00 Unit Projected Total Monthly Rent05 2395.00 Unit Projected Total Monthly Rent06 2495.00 Unit Projected Total Monthly Rent07 2595.00 Unit Projected Total Monthly Rent08 2695.00 Unit Projected Total Monthly Rent09 2795.00 Unit Projected Total Monthly Rent10 3295.00 Unit Total Monthly Rent01 1750.00 Unit Total Monthly Rent02 1850.00 Unit Total Monthly Rent03 2045.00 Unit Total Monthly Rent04 2050.00 Unit Total Monthly Rent05 2395.00 Unit Total Monthly Rent06 2495.00 Unit Total Monthly Rent07 2595.00 Unit Total Monthly Rent08 2695.00 Unit Total Monthly Rent09 2795.00 Unit Total Monthly Rent10 3295.00 Unit Type01 2 Unit Type02 1 Unit Type03 1 Unit Type04 3 Unit Type05 1 Units Total In Complex 15 Zoning Bur4*

    Listing provided courtesy of Richard Ringer DRE#01494512 of Richard J. Ringer Inc..


    Based on information from CARETS as of 2019-11-12T23:47:42.517. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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