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2250 N Frederic St
Burbank, CA 91504
Exceptional Fourplex in Burbank · Build-to-Rent Property For Sale
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4 Units
INVESTMENT HIGHLIGHTS
- All Units Recently Remodeled | Various Building Improvements to Plumbing, Electrical, and Flooring
- Strong Rental Demand
- Each Unit Upgraded with In-Unit Washer/Dryers
- ADU Conversion Potential
- Stellar Burbank Location Nearby Warner Bros Studios & Burbank Media District
EXECUTIVE SUMMARY
Welcome to 2250 N Frederic St, a well-maintained and recently remodeled Fourplex nestled in the heart of Burbank - one of the most sought-after rental markets in LA! Built in 1964, the property spans 3,912 SF situated on a 6,500 SF lot and features (4) spacious 2-bed + 1-bath units. All four units been fully remodeled and upgraded with modern finishes and in-unit washer/dryers, along with various improvements made to the plumbing, electrical, and flooring. The property also includes designated carport parking spaces, each with separate leases, and offers the potential for ADU conversion (buyer to verify), creating an opportunity for additional rental income. The prime location offers unbeatable access to top-rated schools, shopping, dining, and the 5, 134, and 170 freeways. Just minutes from major employment hubs like Warner Bros. Studios, Disney, and the Burbank Media District.
Do Not Disturb Tenants. Fully occupied - All tenants are current on rent and pay on time. Call Listing Agents for more information & Tours. Email offers to david@swgrp.com & megan@swgrp.com. Units were recently remodeled/upgraded. Sold in "as is and where is" condition with all faults, known and unknown, with absolutely no representations or warranties expressed or implied. Seller and/or seller's agent makes no representations, Buyer to verify all MLS info, including but not limited to: building information, amenities, permits & uses, SQFT, and accuracy of all info provided. Buyer to verify with appropriate entities and satisfy self.
Do Not Disturb Tenants. Fully occupied - All tenants are current on rent and pay on time. Call Listing Agents for more information & Tours. Email offers to david@swgrp.com & megan@swgrp.com. Units were recently remodeled/upgraded. Sold in "as is and where is" condition with all faults, known and unknown, with absolutely no representations or warranties expressed or implied. Seller and/or seller's agent makes no representations, Buyer to verify all MLS info, including but not limited to: building information, amenities, permits & uses, SQFT, and accuracy of all info provided. Buyer to verify with appropriate entities and satisfy self.
PROPERTY FACTS
| Price Per Unit | £374,015 | Apartment Style | Garden |
| Sale Type | Investment | Total Plot Size | 0.15 ac |
| Yield | 5.10% | Property Size | 3,912 sq ft |
| Gross Rent Multiplier | 15.9 | Average Occupancy | 100% |
| No. Units | 4 | No. Floors | 2 |
| Property Type | Build-to-Rent | Year Built | 1964 |
| Property Subtype | Apartment | Parking Allocation | 1.28/1,000 sq ft |
| Use Class | BUR3* | ||
| Price Per Unit | £374,015 |
| Sale Type | Investment |
| Yield | 5.10% |
| Gross Rent Multiplier | 15.9 |
| No. Units | 4 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Total Plot Size | 0.15 ac |
| Property Size | 3,912 sq ft |
| Average Occupancy | 100% |
| No. Floors | 2 |
| Year Built | 1964 |
| Parking Allocation | 1.28/1,000 sq ft |
| Use Class | BUR3* |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Disposal
- Storage Space
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Wooden Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Yard
- Built-In Bookshelves
- Family Room
- Freezer
- Handrails
- Vinyl Flooring
- Large Bedrooms
- Quartz Countertops
SITE AMENITIES
- Fenced Lot
- Laundry Facilities
- Gas Range
- Storage Space
- Public Transportation
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 2+1 | 4 | £1,945 | 980 |
PROPERTY TAXES
| Parcel Number | 2466-014-034 | Improvements Assessment | £508,042 |
| Land Assessment | £770,000 | Total Assessment | £1,278,042 |
PROPERTY TAXES
Parcel Number
2466-014-034
Land Assessment
£770,000
Improvements Assessment
£508,042
Total Assessment
£1,278,042
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