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2220 Fairview st

0.16 Acres of Residential Land Offered at £782,450 in Burbank, CA 91504

Investment Highlights

  • R-4 Zoned

Executive Summary

Located at 2220 Fairview St. in Burbank, this 6,761 square foot development property holds R-4 zoning with the City of Burbank.
Burbank's multifamily market exhibits stability and strong demand, benefiting from its proximity to major film studios and a thriving local economy. The property's location offers convenient access to essential amenities, shopping centers, and entertainment options. The Greater San Fernando region experiences continuous urban growth, attracting residents seeking easy access to employment centers and lifestyle amenities. The diverse population, including young professionals and families, contributes to the strong multifamily housing demand in the area.

This development opportunity at 2220 Fairview St. presents a prime location, favorable market conditions, and attractive income potential.

Property Facts

Price £782,450
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.16 AC

1 Lot Available

Lot

Price £782,450
Price Per AC £5,041,202
Lot Size 0.16 AC

Located at 2220 Fairview St. in Burbank, this 6,761 square foot development property holds R-4 zoning with the City of Burbank.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2464-006-024
Land Assessment
£242,036
Improvements Assessment
£29,247
Total Assessment
£271,283

zoning

Zoning Code R4 (The R-4 High Density Residential Zone is intended for higher density multifamily development, including rental and ownership options.)
R4 (The R-4 High Density Residential Zone is intended for higher density multifamily development, including rental and ownership options.)
  • Listing ID: 32060120

  • Date on Market: 07/06/2024

  • Last Updated:

  • Address: 2220 Fairview st, Burbank, CA 91504

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