Est. mensual: $38,221 Recalcular
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Multifamiliar (2-4 unidades)Número de MLS: #SR24231974
We are pleased to offer for sale the Media Crest @701, a turn-key 24 units multifamily offering in the city of Burbank Ca.Comprised of fully upgraded and remodeled units and grounds, the offering requires virtually no capital upgrade requirements and is being delivered at 12.9 grm and 5.62% cap.
Unit mix of (16) 2+2, (8) 1+1 are supplied with balconies/patios, fireplaces, dishwashers, central AC & heat, and are secured by gated parking and controlled access.
Situated in the heart of Burbank, a thriving media and entertainment hub, this property offers proximity to major studios like Warner Bros., Disney, and NBC. Burbank is known for its strong rental demand and stable real estate market, making it an excellent location for apartment investment. Directly across the street is the "Ranch Lot Development" a $500,000,000 project being completed in 2025 is comprised of 926,000 sq ft media & office space.
Burbank has a strong local economy driven by entertainment, tech, and media industries, making it a resilient market for residential real estate. The city s ongoing development and economic growth provide a stable investment environment.
With its central location and solid demand for rentals, Media Crest @701 is poised to continue to generate consistent cash flow. It represents a safe and reliable long-term investment in a high-demand area.
Also available with sister property 520 N Hollywood Way, 20 units, if desired.
* Contact Greg Alexanian for further details, tour dates and offering memorandum *
Características de la propiedad
Antigüedad: | 31-40 años de antigüedad |
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Amenidades: | Puerto |
Estilo arquitectónico: | Otro |
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Escuela primaria
THEODORE ROOSEVELT ELEMENTARY SCHOOL
0.2
MillasVer detalle
Escuela secundaria (ciclo básico)
DAVID STARR JORDAN MIDDLE SCHOOL
1.6
MillasVer detalle
Escuela secundaria (ciclo superior)
JOHN BURROUGHS HIGH SCHOOL
1.1
MillasVer detalle
Otros escuelas cercanos | Distancia | Tipo | Grados/años | Califaciones |
---|---|---|---|---|
Brighton Hall School | 0.1 mi | Private | 2-12 | |
Media Center Montessori Preschool/kindergarten | 0.1 mi | Private | KG | |
Robert Louis Stevenson Elementary | 0.4 mi | Public | KG-5 | A- |
Joyces Toluca Lake Preschool & Kindergarten | 0.9 mi | Private | PK-TKG | |
Toluca Lake Elementary | 1.0 mi | Public | PK-5 | B- |
Toluca 'crossroads' School Preschool & Kindergarte | 1.0 mi | Private | PK-TKG | |
St Finbar Parish School | 1.1 mi | Private | KG-8 | |
Burbank Unified Independent Learning Academy (buila) | 1.1 mi | Public | 7-12 | B |
Providence High School | 1.2 mi | Private | 9-12 | |
Thomas Edison Elementary | 1.2 mi | Public | KG-5 | B |
Bret Harte Elementary | 1.2 mi | Public | KG-5 | B |
Luther Burbank Middle School | 1.3 mi | Public | 6-8 | B+ |
Walt Disney Elementary School | 1.6 mi | Public | KG-5 | B+ |
St Charles Borromeo Elementary School | 1.6 mi | Private | KG-8 | |
East Valley High School | 1.6 mi | Public | 9-12 | D+ |
Science Academy Stem Magnet | 1.6 mi | Public | 6-11 | A |
Rio Vista Elementary School | 1.7 mi | Public | KG-5 | B |