380 W Alameda Ave Immeuble residentiel 16 lots 5 478 312 € (342 395 €/Lot) Burbank, CA 91506

Sure! Here's a compelling and professional sales description for **380 W. Alameda, Burbank**:
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## **Prime Investment Opportunity: 16-Unit Apartment Building in the Heart of Burbank**

Nestled in the highly sought-after city of **Burbank**, this well-maintained **16-unit apartment building** offers investors a rare chance to own a quality income-generating asset in one of Los Angeles County’s most stable and desirable rental markets. Built in **1984**, this property combines timeless design with modern-day upside potential.
- **Diverse Unit Mix:** A balanced combination of spacious **1-bedroom and 2-bedroom units**, catering to singles, couples, and small families alike.
- **Secured Access & Parking:** Gated entry and subterranean parking provide convenience and peace of mind for tenants.
- **Onsite Amenities:** Includes laundry facilities, private balconies/patios, and landscaped common areas.
- **Well-Maintained Structure:** Updated systems and durable construction make for reduced long-term maintenance costs.
### **Investment Overview:**
- **Strong Rental Demand:** Located near major studios like Warner Bros. and Disney, plus top-rated schools and employment centers.
- **Excellent Transit Access:** Just minutes from the 5 Freeway, Downtown Burbank Metrolink, and the Burbank Airport.
- **Upside Potential:** Value-add opportunity through unit renovations and rent increases in line with market rates.
### **Location Benefits:**
Burbank is known for its exceptional city services, low crime rate, and vibrant media and tech sectors. With an enduringly low vacancy rate and high-income demographics, properties in this submarket are historically resilient and attract long-term tenants.