Braun | Minority Interest Market Exchange

Burbank, CA 91505
Toluca Terrace Apartments – MNT Properties LLC, a California LLC

Toluca Terrace Apartments – MNT Properties LLC, a California LLC

The Interest being sold is 1% LLC interest. The subject property consists of a three-story apartment building constructed in 1988. The property totals 113 units and a gross-building area of 99,335 square feet. The unit mix consists of 10 studio units, 46 one-bedroom/one-bath units, 7 three-bedroom/two-bath units and 2 three bedroom/three-bath units. There are 242 on-site parking spaces or 2.14 spaces per unit. The improvements are situated on a 65.776 square foot site.

RELATED DOCUMENTS

If interested in more information, print and sign the Non-Disclosure Agreement, email it to Todd Wohl.

HIGHLIGHTS

    • MARKET VALUE AS OF DECEMBER 8 2016: $36,000,000
    • THE SELLER IS THE JOSEPH MASCOLO TRUST OF 1997
    • LONG-TERM OWNERSHIP
    • PROPERTY IS PROFESSIONALLY MANAGED
    • LOCATED IN BURBANK, CA
    • GROSS BUILDING AREA 99,335 SQ FT
    • BUILT IN 1988
    • 242 ON-SITE PARKING SPACES