1814 GRISMER AVE

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1814 GRISMER AVE

BURBANK, CA 91504
Asking Price
$4.67M
Cap Rate
5.34%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Just Listed | Burbank | 14 Units | AB 1482 Rent Control <ul><li>​Located in Desirable Burbank Location</li><li>​Diverse Mix of Studio, One-Bed, and Two-Bedroom Units</li><li>​Subject to State (AB 1482) Rent Control</li><li>​New Electrical Main Panel</li><li>​Recently Replaced Roof </li><li>​Turn-Key: Rents Close to Market Rate</li></ul>

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NOI
$80,000
Cap Rate
1.71%
DSCR
0.29
Underwater
Cash-on-Cash
-14.09%
Monthly Payment
$23,129.349
Annual Cash Flow
$-197,552.191

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