1700 Grismer Avenue, Burbank, CA 91504

Incredible value-add opportunity to develop this large lot into possibly 10 units.  Buyers to check with the city for details.  Currently the property consists of 6 units 3 of which are 1 bedroom and 1 bath, and 3 units are 2 bedrooms and 1 bath.  They are set in 3 separate buildings and are garden style apartments.  All units have central heat and air except for one unit. There is a 4 car carport and 2 open parking spots.  There is a coin laundry that  located in one of the carports.  The last 2 units were originally one large house and was divided into two -2 bedroom 1 bath units. Very attractive seller financing for the investor who is looking to develop the property into into increased units.  The seller is willing to carry the 1st trust deed with 40% down payment for 2 years with competitive interest rates.  Please contact agents for details.