915 N Kenneth

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915 N Kenneth

Burbank, CA 91501
Asking Price
$1.05M
Cap Rate
1.5%
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Burbank
  • Asset consists of two total residential rental units
  • Current asking price for this property is $1,050,000
  • Investment offers a current capitalization rate of 1.5%
  • Property located in a prime San Fernando Valley submarket

What's Special

Burbank remains a central hub within the San Fernando Valley, characterized by its proximity to major media and entertainment studios alongside a steady demand for residential housing. This multifamily asset located at 915 N Kenneth sits within a well-established submarket that provides residents with access to regional employment centers and key transportation corridors throughout the Los Angeles metropolitan area. The apartment building consists of two units, offering an investor the potential to manage a boutique property in a high-demand rental market. Given the location and property configuration, this asset is well-suited for a variety of investment strategies, whether as a long-term hold or a stabilized addition to a local residential portfolio. The scale of the property allows for streamlined management while benefiting from the consistent appeal of the Burbank residential sector.

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NOI
$80,000
Cap Rate
7.62%
DSCR
1.28
Strong
Cash-on-Cash
5.61%
Monthly Payment
$5,194.827
Annual Cash Flow
$17,662.075

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