$5,500,000
14 Beds | 16 Baths | 9,906 sqft
1814 Grismer Ave
Listing provided by: Marcus & Millichap
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$5,500,000
ACTIVE
1814 Grismer Ave, Burbank, CA 91504
14 Beds
16 Baths
9,906 SqFt
About This Home

The building is exempt from Los Angeles Rent Control and therefore an investor can benefit from higher allowable annual rent increases through AB 1482. Only two units have been given rent increases within the past year, potentially allowing a new owner to improve the property's cashflow almost immediately (Buyer to verify). Situated within a mile of both the Burban...

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Snapshot
  • Price:
  • $5,500,000
  • Bedrooms:
  • 14
  • Square Footage:
  • 9,906
  • Acreage:
  • 0.23
  • Year Built:
  • 1961
  • Listing ID #:
  • 24460053
  • Street Address:
  • 1814 Grismer Ave
  • City:
  • Burbank
  • State:
  • CA
  • Postal Code:
  • 91504
  • County:
  • Los Angeles
  • Community:
  • Burbank
  • Listing Status:
  • Active
  • Listing Type:
  • Residential Income
  • Special Code:
  • Standard
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Listing provided by: Marcus & Millichap
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*The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts. Source: Etta Home Search
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