4135 Warner Blvd | Burbank, CA 91505

SALE PRICE: $3,205,000

PRICE/UNIT: $387K          PRICE/SF: $603                  GRM: 19.07                 CAP RATE: 3.19%             

TRANSACTION HIGHLIGHTS

• DESIRABLE Downtown Burbank Location adjacent to Toluca Lake

• TREMENDOUS Value Add investment opportunity with approximately 45% upside in market rents

• TEN CHARMING Bungalow Style Units consisting of (2) 2B/1B, (4) 1B/1B and (4) Studio Units

• PROPERTY is not subject to radical LA rent control

• LARGE 12,500 SF double lot

• UNITS separately metered for gas and electric

• 80 WALK SCORE - close proximity to Warner Bros Studios and array of fine dining and shopping options