12-Unit Apartment Building Under
For Sale
Contact for pricing
Pending
143 N Beachwood Dr, Burbank, CA 91506
Bungalow-style multifamily property with separate gas and electric metering for every unit.
Property SizeContact for details
Days on Market146
Property Features for 143 N Beachwood Dr
General Information
Standard status
Pending
Property subtype
Multifamily
Units
Unit Mix
2 x 2BR/1BA, 4 x 1BR/1BA, 6 x studio/1BA
Multifamily Units
12
Additional Details
Cap Rate
4.5%
Utilities to Site
Yes
Building Details
Buildings
1
Listing Agency:
Global Platinum Properties
Listed By:
Julio Ruiz · License #01911261
(818) 524-0706
Source:
Crexi
Added: Apr 11
Changed: Sep 2
Last Checked: Sep 1 at 4:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Global Platinum Properties
Investment Insights
Based on property information with market context.
This 12-unit apartment property comprises bungalow-style residences with a mix of 2 two-bedroom/one-bath units, 4 one-bedroom/one-bath units, and 6 studios with one bath. Eight units are vacant and undergoing renovation, allowing the purchaser to determine finishes during completion. Gas and electricity are separately metered at each unit.
The property is located at 143 N Beachwood Dr in Burbank, near Warner Bros Studios, Walt Disney Studios, and Burbank Town Center Shopping Mall. The asset is described as non-rent-controlled, with 10% annual rent increases identified in the listing information.
Preliminary plans call for 4 ADUs, including 2 attached and 2 detached units. The stated financial metrics include a 4.5% current cap rate and 15.5 GRM after lease-up, with projected metrics of a 5% cap rate and 14.5 GRM after lease-up.
The property is located at 143 N Beachwood Dr in Burbank, near Warner Bros Studios, Walt Disney Studios, and Burbank Town Center Shopping Mall. The asset is described as non-rent-controlled, with 10% annual rent increases identified in the listing information.
Preliminary plans call for 4 ADUs, including 2 attached and 2 detached units. The stated financial metrics include a 4.5% current cap rate and 15.5 GRM after lease-up, with projected metrics of a 5% cap rate and 14.5 GRM after lease-up.
Key Highlights
- 12‑unit apartment building with 8 vacant units undergoing renovation
- Unit mix includes 2 two‑bedroom/one‑bath, 4 one‑bedroom/one‑bath, and 6 studio/one‑bath units
- Gas and electricity are separately metered for all units
Property Analytics
Current Use
Lease Details
12
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,253
Businesses Nearby
Explore this area
Business Placement
Demographics for 91506, CA
19,338
Population
8,530
Households
2.3
Avg Household Size
43
Median Age
47%
College-Educated
94%
High-School Grad
2.4 sq mi
ZIP Area
8,058
Density / Sq Mi
$107,171
Median Household Income
$60,017
Median Earnings
$1,913
Median Rent
$1,055,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Bungalow-style multifamily property with separate gas and electric metering for every unit.
Where is this apartment building located?
The property is located at 143 N Beachwood Dr Burbank, CA.
What are key features of this property?
This property features: 12‑unit apartment building with 8 vacant units undergoing renovation; Unit mix includes 2 two‑bedroom/one‑bath, 4 one‑bedroom/one‑bath, and 6 studio/one‑bath units; Gas and electricity are separately metered for all units
