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    1110 Leland Way

    Burbank, CA 91504
    • $1,750,000
    • STATUS: Pending
    • ON SITE: 17 days
    • ID#: SR20149090
    Pending
    UPDATED: 25 min ago
    $1,750,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,413
      SQFT
    • $0
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1990
    County:

    School Ratings & Info

    Description

    We are proud to represent this 5-unit apartment building. The property is not subject to rent control and is almost a 6 cap with pro forma rents. The building was constructed in 1990. Its unit mix consists of (3) two-bedroom, one-bathroom units and (2) one-bedroom, one-bathroom units. With a lot size of 7,458 square feet, the property has a total of 4,413 rentable square feet. The property has been well maintained by a long term owner. Property has central Hvac, units which have all been replaced, secured parking, owner-owned laundry machines, and upstair units have balconies. The property is located in Burbank, which is a highly desirable rental market and is known as the media capital of the world. It is home to Disney Studios, Warner Brothers, and NBC.The city has over 80 restaurants, 30 movie screens,and 200 stores; its residents enjoy top ranked schools, easy access to the 5 and 134 freeways, and close proximity to the Burbank Metro Link. Burbank is not subject to rent control. The property is separately metered for gas and electricity

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    Based on information from CRISNet MLS as of 2020-08-14T18:56:38.5. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2020-08-14T18:56:38.5. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.corrieluxuryhomes.com/homes/108267680
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    1110 Leland Way Burbank, CA 91504

    • Price: $1,750,000
    • Status: Pending
    • Updated: 25 min ago
    • ID#: SR20149090
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    4,413
    SQFT
    $0
    $/SQFT
    1990
    Built
    Neighborhood:
    610 - Burbank
    County:
    Los Angeles
    Area:
    610 - Burbank
    Property Description
    We are proud to represent this 5-unit apartment building. The property is not subject to rent control and is almost a 6 cap with pro forma rents. The building was constructed in 1990. Its unit mix consists of (3) two-bedroom, one-bathroom units and (2) one-bedroom, one-bathroom units. With a lot size of 7,458 square feet, the property has a total of 4,413 rentable square feet. The property has been well maintained by a long term owner. Property has central Hvac, units which have all been replaced, secured parking, owner-owned laundry machines, and upstair units have balconies. The property is located in Burbank, which is a highly desirable rental market and is known as the media capital of the world. It is home to Disney Studios, Warner Brothers, and NBC.The city has over 80 restaurants, 30 movie screens,and 200 stores; its residents enjoy top ranked schools, easy access to the 5 and 134 freeways, and close proximity to the Burbank Metro Link. Burbank is not subject to rent control. The property is separately metered for gas and electricity
    Exterior Features

    Lot Features LawnLevel With Street Lot Size Area 8056.0000 Parking Total 0.00

    Interior Features

    Common Walls 1 Common Wall Heating Forced Air Heating YN Yes Laundry Features Community Laundry YN Yes

    Property Features

    Additional Parcels YN No Community Features SuburbanUrbanValley Electric Expense 0.00 Fuel Expense 1043.00 Gross Income 96396.00 Gross Multiplier 17.71 Gross Scheduled Income 96396.00 Insurance Expense 0.00 Land Lease YN No Net Operating Income 69759.00 New Construction YN No New Taxes Expense 18959.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 5 Operating Expense 26145.00 Pool Features None Pool Private YN No Professional Management Expense 0.00 Property Attached YN Yes Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 26145.00 Trash Expense 0.00 Water Sewer Expense 1043.00 Water Source Public Zoning Bur3*

    Listing provided courtesy of Cindy Hill, CA DRE# 00885625, of Keller Williams Realty-Studio City.


    Based on information from CRISNet MLS as of 2020-08-14T18:56:38.5. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

    The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Based on information from the i-Tech MLS as of 2020-08-14T18:56:38.5. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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