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470 East Angeleno Avenue
Burbank, CA 91501
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Entertainment Destination With Strong Value-Add Upside <ul><li>Prime Location in the Heart of Burbank</li><li>Strong Value-Add Potential With Below-Market Rents</li><li>Well-Maintained 44-Unit Building With Attractive Amenities</li><li>Desirable Mix of Studios, One- and Two-bedroom Units</li><li>Supply-Constrained Market With High Tenant Demand</li><li>Burbank - One of Southern California’s Most Stable Submarkets</li></ul><p></p>
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
