Updated Dec 21, 2023
Greg Alexanian Acquires Multifamily Property In Burbank For $2.13M
317 E Alameda Ave, Burbank, CA, USA
$2,130,000
$504/SF
Building Size
4,224 SF
Asset Type
MultiFamily
Closing
Aug 7, 2019
About this deal
AI
A multifamily property located at 317 E Alameda Ave in Burbank was recently sold for $2,130,000. The sale was facilitated by Greg Alexanian from Alexanian Advisors. The property is situated in the Burbank market and was sold on 08/08/2019.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,130,000
- Address: 317 E Alameda Ave, Burbank
- Market: Burbank
- Broker: Greg Alexanian - Alexanian Advisors
Greg Alexanian from Alexanian Advisors played a pivotal role as the broker in facilitating this successful transaction.
Burbank MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Greg Alexanian to view all their deals.
Browse California multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.45%
Cash-on-Cash
-2.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93