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Prime Burbank | 6.11% CAP | Fully Remodeled 700 S 6th St Immeuble residentiel 34 lots 8 743 007 € (257 147 €/Lot) Taux de capitalisation 6,11 % Burbank, CA 91501
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Prime Location North of Glenoaks Boulevard in the Burbank Foothills
- Attractive 6.11% CAP Rate with Rent Upside
- Thoroughly Renovated and Meticulously Maintained, Allowing New Investor to Benefit from a Turnkey Property with Minimal Deferred Maintenance
- Rare Mid-Size Offering — Over Past 20 Years, Fewer than One Sale per Year of 30- to 99-Unit Properties in Burbank
- Not Subject to Los Angeles Rent Control -- Burbank’s Rent Legislation Allows for Higher Rent Increases and is More Favorable to Owners
- Central Air/Heat for All Units, Stainless Steel Appliances, Recessed Lighting, Vaulted Ceilings, and Quartz Countertops in Most Apartments
Résumé analytique
Marcus & Millichap is pleased to announce the opportunity to purchase the Citra Apartment Homes, a 34-unit multifamily community located at 700 S 6th Street in Burbank, CA. With a prime corner lot location north of Glenoaks Boulevard, the property offers residents a home in the picturesque foothills of the Verdugo Mountains with Downtown Burbank and the Burbank Town Center shopping mall just blocks away. Buildings of this size and in this location are rarely available for sale, with fewer than one such property transacting per year over the past two decades (Source: CoStar COMPS).
Due to the fact that the property is subject only to Burbank’s local rent ordinance, a new owner may be able to recapture the rent upside and keep pace with improving rent growth via higher allowable rent increases, when compared with other assets subject to Los Angeles rent control. At the same time, deferred maintenance costs are dramatically reduced as the property has been thoroughly upgraded and well maintained in recent years. Seismic retrofit repairs were completed in January 2026, while a new roof was added, new windows were installed, and plumbing was replaced in 2018/2019. Tenants are easily attracted to the building’s impressive amenities package, which includes central air/heat, recessed lighting, vaulted ceilings, quartz countertops, stainless steel appliances, and new vinyl windows.
Dubbed the “Media Capital of the World,” the city of Burbank is home to a vast contingent of entertainment employers, which allows tenants convenient commutes to studios. Notable media production campuses in and around Burbank include Disney Studios, Walt Disney Imagineering, Warner Bros. Studios, Universal Studios, Nickelodeon Studios, Cartoon Network, and Dreamworks Animation. In addition to the Burbank Town Center Shopping Mall, several other retail and dining destinations are conveniently accessible to tenants, including the Empire Center, Costco, Ikea, and the Americana at Brand lifestyle center.
Due to the fact that the property is subject only to Burbank’s local rent ordinance, a new owner may be able to recapture the rent upside and keep pace with improving rent growth via higher allowable rent increases, when compared with other assets subject to Los Angeles rent control. At the same time, deferred maintenance costs are dramatically reduced as the property has been thoroughly upgraded and well maintained in recent years. Seismic retrofit repairs were completed in January 2026, while a new roof was added, new windows were installed, and plumbing was replaced in 2018/2019. Tenants are easily attracted to the building’s impressive amenities package, which includes central air/heat, recessed lighting, vaulted ceilings, quartz countertops, stainless steel appliances, and new vinyl windows.
Dubbed the “Media Capital of the World,” the city of Burbank is home to a vast contingent of entertainment employers, which allows tenants convenient commutes to studios. Notable media production campuses in and around Burbank include Disney Studios, Walt Disney Imagineering, Warner Bros. Studios, Universal Studios, Nickelodeon Studios, Cartoon Network, and Dreamworks Animation. In addition to the Burbank Town Center Shopping Mall, several other retail and dining destinations are conveniently accessible to tenants, including the Empire Center, Costco, Ikea, and the Americana at Brand lifestyle center.
Bilan financier (Réel - 2025) Cliquez ici pour accéder à |
Annuel | Annuel par m² |
|---|---|---|
| Revenu de location brut |
$99,999
|
$9.99
|
| Autres revenus |
$99,999
|
$9.99
|
| Perte due à la vacance |
$99,999
|
$9.99
|
| Revenu brut effectif |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Frais d’exploitation |
$99,999
|
$9.99
|
| Total des frais |
$99,999
|
$9.99
|
| Résultat net d’exploitation |
$99,999
|
$9.99
|
Bilan financier (Réel - 2025) Cliquez ici pour accéder à
| Revenu de location brut | |
|---|---|
| Annuel | $99,999 |
| Annuel par m² | $9.99 |
| Autres revenus | |
|---|---|
| Annuel | $99,999 |
| Annuel par m² | $9.99 |
| Perte due à la vacance | |
|---|---|
| Annuel | $99,999 |
| Annuel par m² | $9.99 |
| Revenu brut effectif | |
|---|---|
| Annuel | $99,999 |
| Annuel par m² | $9.99 |
| Taxes | |
|---|---|
| Annuel | $99,999 |
| Annuel par m² | $9.99 |
| Frais d’exploitation | |
|---|---|
| Annuel | $99,999 |
| Annuel par m² | $9.99 |
| Total des frais | |
|---|---|
| Annuel | $99,999 |
| Annuel par m² | $9.99 |
| Résultat net d’exploitation | |
|---|---|
| Annuel | $99,999 |
| Annuel par m² | $9.99 |
Informations sur l’immeuble
| Prix | 8 743 007 € | Style d’appartement | De faible hauteur |
| Prix par lot | 257 147 € | Classe d’immeuble | B |
| Type de vente | Investissement | Surface du lot | 0,17 ha |
| Taux de capitalisation | 6,11 % | Surface de l’immeuble | 1 929 m² |
| Multiplicateur du loyer brut | 11.35 | Occupation moyenne | 100% |
| Nb de lots | 34 | Nb d’étages | 2 |
| Type de bien | Immeuble residentiel | Année de construction | 1958 |
| Sous-type de bien | Appartement | Ratio de stationnement | 0,12/1 000 m² |
| Zonage | BUR4* | ||
| Prix | 8 743 007 € |
| Prix par lot | 257 147 € |
| Type de vente | Investissement |
| Taux de capitalisation | 6,11 % |
| Multiplicateur du loyer brut | 11.35 |
| Nb de lots | 34 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | B |
| Surface du lot | 0,17 ha |
| Surface de l’immeuble | 1 929 m² |
| Occupation moyenne | 100% |
| Nb d’étages | 2 |
| Année de construction | 1958 |
| Ratio de stationnement | 0,12/1 000 m² |
| Zonage | BUR4* |
Caractéristiques
Caractéristiques du lot
- Climatisation
- Prêt pour le câble
- Lave-vaisselle
- Broyeur d’ordures
- Micro-ondes
- Chauffage
- Cuisine
- Plafond voûté
- Réfrigérateur
- Électroménager en acier inoxydable
Caractéristiques du site
- Accès contrôlé
- Cour
- Laverie
- Services en ligne
- Transports en commun
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| Studios | 9 | 1 594 € | 37 |
| 1+1 | 21 | 1 939 € | 56 - 70 |
| 2+1 | 4 | 2 144 € | 70 |
1 1
Moyennement praticable à pied
60/100
Très bien adapté aux voitures
80/100
Transports en commun relativement accessibles
40/100
Plutôt praticable en vélo
40/100
Taxes foncières
| Numéro de parcelle | 5621-020-013 | Évaluation totale | 9 747 123 € |
| Évaluation du terrain | 5 848 274 € | Impôts annuels | -1 € (0,00 €/m²) |
| Évaluation des aménagements | 3 898 850 € | Année d’imposition | 2025 |
Taxes foncières
Numéro de parcelle
5621-020-013
Évaluation du terrain
5 848 274 €
Évaluation des aménagements
3 898 850 €
Évaluation totale
9 747 123 €
Impôts annuels
-1 € (0,00 €/m²)
Année d’imposition
2025
1 sur 75
Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
1 sur 1
Présenté par
Prime Burbank | 6.11% CAP | Fully Remodeled | 700 S 6th St
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