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Sold on 09/23/2016
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303 E Alameda Ave, Burbank, CA 91502

  • $32,000,000

    Last sold 09/23/2016 after 183 Days

  • 3

    bed

  • 2

    bath

House not for sale
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About 303 E Alameda Ave

Property type House
Year built 1963
HOA fee $0/month
Lot size 0.32 Acre
Rental estimate
Property description
Prime North Burbank 20 units, no rent control. Over 12% upside in rents. Central AC & Heat. Mostly remodeled units, solar roof panels almost eliminating common area elec. bills. Roof with Polyurethane coating, 12 year "no leak" guarantee. All windows sound proofing low "E". 15.3 GRM at market rents, 4.32% cap at market. The Alameda Ave apartments offer an investor to take a foothold of hard to find mid sized asset in high demand, low vacancy Burbank. The owner has exerting countless capital improvements t
Listed by
Listing Agent - Levon
Listing Office - Keller Williams World Media Center
Source: San Diego MLS mls logo
MLS#SR16061799 • last updated 6 years ago
Movoto checked San Diego MLS for data 8 minutes ago
Overview
Status SOLD
SubType Res Income 2-4 Units
MLS # SR16061799
Lot Size (SqFt) 13827
Year Built 1963
Exterior
Lot Desc Sidewalks
Amenities / Utilities
Water Source Meter On Property
Location
County Los Angeles
APN 2453039025
Directions Cross Streets: Glenoaks
Multifamily Details
Unit 2: # Bedrooms 2
Unit 1: # Total Baths 1
Unit 2: # Total Baths 1
Unit 1: # Bedrooms 1
Unit 2: Actual Rent 1666
Total # of Units 20
Gross Rent Multiplier (Actual) 17.4
Gross Scheduled Income 383160
Rental est.: $4,149/month
Gross rent multiplier: 642.8
  • Oct 2018
    mls logo MLS # SR18242869
  • Oct 5, 2018 Listed
    $8,400,000 (-73.8%)
  • Sep 2016
    mls logo MLS # SR16061799
  • Sep 27, 2016 Sold
    $32,000,000
  • Sep 23, 2016 Sold
    $32,000,000 (+377.6%)
  • Jun 3, 2016 Pending
    —
  • Mar 24, 2016 Listed
    $6,700,000
  • Mar 24, 2016 Listed
    $6,700,000
  • 303 E Alameda Ave
    $32M
  • $519K
  • 91502
    $618K -11% y/y
  • Burbank
    $1.15M -3% y/y
No chart available
Statistics calculated by Movoto

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6/10
Joaquin Miller Elementary School
public Grades K-5
Burbank Unified School District
6/10
John Muir Middle School
public Grades 6-8
Burbank Unified School District
7/10
Burbank High School
public Grades 9-12
Burbank Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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