Multifamily Housing
11120 Burbank Boulevard Los Angeles, CA 91601
Details & Description
Price: $2,150,000
    Priced reduced by $50,000! In Opportunity Zone. We are pleased to present for sale 11120 Burbank and 5553 Fulcher, a mixed-use property. The subject consists of 6 residential apartments and 8 offices. The property is situated on a ± 10,342 SF corner lot and there are two buildings with 16 onsite parking spaces. Actual income of $132,999. Two buildings on one lot. 11120 Burbank Blvd (offices) was built in 1923 and 5553 Fulcher Ave (apartments) was built in 1959. The property is near the metro Red and Orange Lines and close to shopping, dining, and entertainment venues. The offices are not subject to rent control. There is upside in rents in the offices. All the offices are on month-to-month leases and pay their own utilities. Buyer to verify square footage, bedroom/bathroom count, lot size, permitted or unpermitted spaces and all other features of the property. See attached offering memorandum in documents.
    Listing Agents
    Anie Mayelian

    O: 818-915-9118
    anie@mayeliangroup.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    11120 Burbank Boulevard

    Los Angeles, CA 91601

    Listing ID: 270557
    • 11120 Burbank Boulevard Los Angeles, CA 91601 | for Sale | Photo 1
    • 11120 Burbank Boulevard Los Angeles, CA 91601 | for Sale | Photo 2
    • 11120 Burbank Boulevard Los Angeles, CA 91601 | for Sale | Photo 3
    11120 Burbank Boulevard | for Sale | Thumbnail 1
    11120 Burbank Boulevard | for Sale | Thumbnail 2
    11120 Burbank Boulevard | for Sale | Thumbnail 3
    Building Size: 7,811 SF
    Lot Size: 0.237 AC
    Land Size: 10,342 SF
    Building $/SF: $275.25
    Land $/SF: $207.89
    Price
    $2,150,000
    Description

    Priced reduced by $50,000! In Opportunity Zone. We are pleased to present for sale 11120 Burbank and 5553 Fulcher, a mixed-use property. The subject consists of 6 residential apartments and 8 offices. The property is situated on a ± 10,342 SF corner lot and there are two buildings with 16 onsite parking spaces. Actual income of $132,999. Two buildings on one lot. 11120 Burbank Blvd (offices) was built in 1923 and 5553 Fulcher Ave (apartments) was built in 1959. The property is near the metro Red and Orange Lines and close to shopping, dining, and entertainment venues. The offices are not subject to rent control. There is upside in rents in the offices. All the offices are on month-to-month leases and pay their own utilities. Buyer to verify square footage, bedroom/bathroom count, lot size, permitted or unpermitted spaces and all other features of the property. See attached offering memorandum in documents.

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Los Angeles History of Multifamily Housing for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    Los Angeles Area Market Trends

    Listing Demographics for 11120 Burbank Boulevard Los Angeles, CA 91601

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population44,490265,536567,403
    Population Median Age373939
    Population by Age0-9 Yrs3697 (8%)26944 (10%)59414 (10%)
    10-19 Yrs3136 (7%)25205 (9%)57356 (10%)
    20-29 Yrs10341 (23%)45992 (17%)90709 (15%)
    30-39 Yrs9878 (22%)46443 (17%)95987 (16%)
    40-49 Yrs5732 (12%)38090 (14%)80400 (14%)
    50-59 Yrs5114 (11%)34421 (12%)76678 (13%)
    60-69 Yrs3514 (7%)26080 (9%)56690 (9%)
    70+ Yrs3077 (6%)22361 (8%)50170 (8%)
    Median HH Income$52,925$67,967$68,430
    Total Household Income< 24K4740 (24%)21362 (20%)42759 (19%)
    25-49K4462 (23%)19747 (18%)40640 (18%)
    50-74K3513 (18%)16461 (15%)34404 (15%)
    75-99K2203 (11%)13287 (12%)26319 (12%)
    100-199K3367 (17%)24149 (22%)48335 (22%)
    200K+1014 (5%)11420 (10%)26095 (11%)
    Highest Education LevelNo Diploma50292818263752
    Diploma or GED59233193472938
    Some College71364042881805
    Assoc. Degree32481631932887
    Bachelors Degree975956242112830
    Higher Degree28932278550281
    Total Housing Units21,166113,658234,814
    --Owner-Occupied3,55937,15482,796
    --Renter-Occupied15,74169,271135,756
    Owner-Occupied Values< 100K264021112
    100-199K20217722
    200-299K1429241882
    300-399K29524665536
    400-499K562467010720
    500K+25142847562824
    Total Working Age Population38,775223,189473,376
    In Work Force27,396154,851325,750
    Not In Work Force11,37968,338147,625
    Workforce Employed25,933145,209304,732
    Workforce Unemployed1,4299,56920,830
    Civlian Workforce27,362154,778325,562
    Military Workforce3472188
    Total Households19,300106,425218,552
    Family Households8,53257,370125,596
    Non-Family Households10,76749,05592,956
    Married Couple5,41739,59787,989
    Other Family3,11617,77237,607
    Married w/Child2,11416,24236,563
    Single Male w/Child3241,9234,067
    Single Female w/Child8675,52910,986

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    California33,871,648+1037,253,956+940,467,295+843,631,295
    Los Angeles County9,519,338+39,818,605+610,369,367+410,759,850

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 11120 Burbank Boulevard in Los Angeles?
    The asking price for 11120 Burbank Boulevard is $2,150,000
    What is the building size of this Multifamily property in Los Angeles, CA?
    The size of the building/unit at 11120 Burbank Boulevard in Los Angeles is 7,811 square feet
    How much land does the Los Angeles, CA property at 11120 Burbank Boulevard include?
    11120 Burbank Boulevard in Los Angeles includes 0.237 acres of land
    What is the population within 1 mile of 11120 Burbank Boulevard in Los Angeles?
    The population within 1 mile of 11120 Burbank Boulevard Los Angeles, CA 91601 is 44,490 people.
    Who do I contact for questions about 11120 Burbank Boulevard?
    You should contact the listing agent, Anie Mayelian, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Los Angeles International Airport (LAX) 16
    John Wayne Airport-Orange County Airport (SNA) 45
    Ontario International Airport (ONT) 45
    Price
    $2,150,000
    Listing Agent
    More listings from Anie Mayelian
    Featured Local Vendors
    • SUPPORT OUR FREE PLATFORM •
    The below vendors allow us to provide our platform at no cost. Please consider their services when needed.
    • Cleaning Company •
    Cosmic Commercial Cleaning logo
    A clean, sanitized office is here!
    • Cleaning Company •
    Clean Pros logo
    A clean, sanitized office is here!
    • HVAC Contractor •
    Omni Air HVAC LLC logo
    Click to stay cool this summer
    • Electrical Contractor •
    KP Electric logo
    New or existing work, get a quote!

    Share
    Other property types near Los Angeles, CA