Burbank CA Multi Family for Sale
$1,389,999
1340 Lamer Street Burbank, CA 91506
Open House:
Sunday, 1/5 11:00-3:00PM
- Type:
- Duplex
- Sq.Ft.:
- 1,285
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1946
- Baths:
- MLS#:
- PW24251163
ADDITIONAL INFORMATION
Welcome to this charming duplex in the heart of Burbank, situated on a spacious 6,000 sqft lot! This well-maintained property features two separate living units, offering an ideal opportunity for both investors and homeowners looking for rental income potential. This 2/1 & 1/1 Duplex is a spacious 1,285 sqft of living space with a bright and airy open floor plan, perfect for entertaining. The Front Unit Large kitchen with ample cabinet space and modern appliances. Generously sized bedrooms and bathrooms. Private backyard area ideal for outdoor living & Laundry hookups available in Front Unit and in the Garage. This Property Features , Prime location, close to schools, parks, shopping, and dining. Ample parking space with Tesla Charging Station, including garage and driveway spots, Expansive 6,000 sqft lot with potential for outdoor expansion or gardening.
$2,645,000
607 Olive Avenue Burbank, CA 91501
- Type:
- Mixed Use
- Sq.Ft.:
- 3,500
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1949
- Baths:
- MLS#:
- GD24249160
ADDITIONAL INFORMATION
FIRST TIME ON THE MARKET!! Located in the highly desirable NW of Burbank, one block below Kenneth. This pride of ownership property is well maintained 5-units plus 1 new ADU! Three of the five units are one bedroom and one bathroom with on site parking accessed from the alleyway. Duplex features 2 bedrooms 2 baths each unit. ADU has been completed in 2021, has a separate address and features 1BD 1BH. This great investment property is centrally located with easy access to public transit and minutes away to DreamWorks, Warner Bros. Studios, Disney Imagineering, St. Joseph's Hospital, LA Equestrian Center, Griffith Park, Ikea, and much more. Additional conveniences are other local and major retailers, parks, coffee shops, entertainment and nightlife in Downtown Burbank. With easy access to the 5/134/101 freeways. All units are currently tenant occupied.
- Type:
- Apartment
- Sq.Ft.:
- 9,841
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.41 Acres
- Year built:
- 1951
- Baths:
- MLS#:
- BB24247060
ADDITIONAL INFORMATION
Stunning Multifamily Investment Opportunity in Burbank : 240-260 E. Providencia We are excited to present this meticulously renovated 15-unit multifamily property located in the heart of Burbank, renowned as the Media Capital of the World. This exceptional investment opportunity is situated in one of the region’s most sought-after rental markets, offering strong returns and long-term growth potential. Property Highlights: Prime Location: Nestled on a 17,821-square-foot lot with 100 feet of street frontage across two parcels. Diverse Unit Mix: (12) One-bedroom, one-bathroom units (2) Two-bedroom, one-bathroom units (1) Two-bedroom, two-bathroom unit Bonus: A 153-square-foot storage room that can be converted into an office. Rentable Space: 8,202 square feet of updated, income-generating units. Attractive Financials: Enjoy an in-place 6.19% CAP rate, making this an outstanding investment for cash flow and value appreciation. This property represents the ideal combination of a renovated asset, diverse floor plans, and an exceptional location, making it a premier choice for savvy investors looking to capitalize on Burbank’s ever-growing rental demand. Don’t miss the chance to add this jewel to your portfolio!
$1,099,990
2313 Niagara Street Burbank, CA 91504
- Type:
- Duplex
- Sq.Ft.:
- 1,406
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1939
- Baths:
- MLS#:
- BB24232532
ADDITIONAL INFORMATION
Fantastic Burbank duplex with endless potential! This 1,406 sqft property is a great investment opportunity, featuring two 1-bedroom, 1-bathroom units. Each unit boasts its own spacious private backyard, perfect for outdoor relaxation or entertaining. The garages have been converted into bonus rooms, offering extra space and versatility for the occupants. Located in a desirable area, this property is ideal for investors or owner-users looking for rental income. Don't miss out on this prime opportunity! Rents are $1675.36 and $1731.39.
$1,499,994
210 Florence Street Burbank, CA 91505
- Type:
- Fourplex
- Sq.Ft.:
- 2,064
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1947
- Baths:
- MLS#:
- BB24232529
ADDITIONAL INFORMATION
Excellent investment opportunity in Burbank! This 4-unit property features four 1-bedroom, 1-bathroom units, making it highly desirable for tenants. The property offers two 2-car garages with alley access, a private patio, and a backyard for added outdoor space. Convenient laundry facilities are located on the patio. A great chance to own a well-maintained property in a sought-after area! Rents are $1715.59, $1621.54, $1418.22, $1621.54.
$1,328,000
419 Riverside Drive Burbank, CA 91506
- Type:
- Triplex
- Sq.Ft.:
- 2,222
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1947
- Baths:
- MLS#:
- P1-20200
- Subdivision:
- Not Applicable
ADDITIONAL INFORMATION
Opportunity to own triples in prime Burbank location in Rancho area. Three separate units each with private patio, fireplace and exterior washer/dryer hookups. See floorplans. Front two units have one common wall. Back unit is free-standing. ALL UNITS ARE VACANT! Rear unit under construction. Covered carport with alley access. Space for 2-4 cars depending on their size!. ALL CASH OFFERS please. Buyer to do their own due diligence & rely on their independent research & investigations. Sold in AS IS CONDITION without warranty or guarantee of any kind, explicit or implied.
$5,975,000
240 E Providencia Avenue Burbank, CA 91502
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.41 Acres
- Year built:
- 1951
- Baths:
- MLS#:
- CRBB24247060
View additional info
Courtesy: City Center Realty Group
ADDITIONAL INFORMATION
Stunning Multifamily Investment Opportunity in Burbank : 240-260 E. Providencia We are excited to present this meticulously renovated 15-unit multifamily property located in the heart of Burbank, renowned as the Media Capital of the World. This exceptional investment opportunity is situated in one of the region’s most sought-after rental markets, offering strong returns and long-term growth potential. Property Highlights: Prime Location: Nestled on a 17,821-square-foot lot with 100 feet of street frontage across two parcels. Diverse Unit Mix: (12) One-bedroom, one-bathroom units (2) Two-bedroom, one-bathroom units (1) Two-bedroom, two-bathroom unit Bonus: A 153-square-foot storage room that can be converted into an office. Rentable Space: 8,202 square feet of updated, income-generating units. Attractive Financials: Enjoy an in-place 6.19% CAP rate, making this an outstanding investment for cash flow and value appreciation. This property represents the ideal combination of a renovated asset, diverse floor plans, and an exceptional location, making it a premier choice for savvy investors looking to capitalize on Burbank’s ever-growing rental demand. Don’t miss the chance to add this jewel to your portfolio!
$3,436,000
1721 Scott Road Burbank, CA 91504
- Type:
- Cluster
- Sq.Ft.:
- 6,654
- Status:
- Active
- Beds:
- 11
- Lot size:
- 0.28 Acres
- Year built:
- 1964
- Baths:
- 10.00
- MLS#:
- 24464081
ADDITIONAL INFORMATION
This 10-unit apartment complex is located in Burbank, California. The front structure is a 2-bedroom/1-bath single family residence built in 1939. The rear structure is a 9-unit two-story walk up apartment building built in 1964. There are 11 parking spaces, 9 in the rear accessed by north driveway and 2 in the front of the SFR. The complex is located close to both Bob Hope Airport and Downtown Burbank placing it amongst a major employment cluster including dozens of aviation support companies, several major motion picture studios, banking and law firm occupied office buildings and multiple regional retail shopping districts. The close proximity to Interstate 5 provides quick access to Dodger Stadium, Griffith Park, Downtown Los Angeles and the Santa Clarity Valley. Via the 134/101 freeways there is a convenient connection to the eastern and western San Fernando Valley including the Ventura Boulevard corridor communities and the Glendale & Pasadena areas to the east. This is a supply constrained municipality where demand to reside there far exceeds the existing housing stock available. Occupancy rates in Burbank are excellent. Please do not walk on property or disturb tenants. For addition information please see attached OM in the document section of the MLS profile page. Please call listing agent for additional information.
$19,800,000
520701 Hollywood Way Burbank, CA 91505
- Type:
- Apartment
- Sq.Ft.:
- 38,482
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.74 Acres
- Year built:
- 1990
- Baths:
- MLS#:
- SR24233145
ADDITIONAL INFORMATION
Portfolio offering of 24 and 20 units situated across the street from each other in prime Burbank. Immediate footprint in one of the hardest barrier to entry markets in Southern California. Directly across the street from the $500,000,000 Ranch Lot Studio development being completed in 2025. Turn key offering both properties have great in place rents and offer ease of management as all units are remodeled. Current annual scheduled income is $1,546,272. Unit mix totals (1) 3+2, (31) 2+2 and (12) 1+1 spacious units. Several lofted ceiling fireplaces, patios, balconies, gated & controlled access & parking.
$19,800,000
520701 Hollywood Way Burbank, CA
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.74 Acres
- Year built:
- 1990
- Baths:
- MLS#:
- CRSR24233145
View additional info
Courtesy: Keller Williams World Media Center
ADDITIONAL INFORMATION
Portfolio offering of 24 and 20 units situated across the street from each other in prime Burbank. Immediate footprint in one of the hardest barrier to entry markets in Southern California. Directly across the street from the $500,000,000 Ranch Lot Studio development being completed in 2025. Turn key offering both properties have great in place rents and offer ease of management as all units are remodeled. Current annual scheduled income is $1,546,272. Unit mix totals (1) 3+2, (31) 2+2 and (12) 1+1 spacious units. Several lofted ceiling fireplaces, patios, balconies, gated & controlled access & parking.
$10,800,000
711 Hollywood Way Burbank, CA 91505
- Type:
- Apartment
- Sq.Ft.:
- 20,438
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.42 Acres
- Year built:
- 1989
- Baths:
- MLS#:
- SR24231974
ADDITIONAL INFORMATION
We are pleased to offer for sale the Media Crest @701, a turn-key 24 units multifamily offering in the city of Burbank Ca. Comprised of fully upgraded and remodeled units and grounds, the offering requires virtually no capital upgrade requirements and is being delivered at 12.9 grm and 5.62% cap. Unit mix of (16) 2+2, (8) 1+1 are supplied with balconies/patios, fireplaces, dishwashers, central AC & heat, and are secured by gated parking and controlled access. Situated in the heart of Burbank, a thriving media and entertainment hub, this property offers proximity to major studios like Warner Bros., Disney, and NBC. Burbank is known for its strong rental demand and stable real estate market, making it an excellent location for apartment investment. Directly across the street is the "Ranch Lot Development" a $500,000,000 project being completed in 2025 is comprised of 926,000 sq ft media & office space. Burbank has a strong local economy driven by entertainment, tech, and media industries, making it a resilient market for residential real estate. The city’s ongoing development and economic growth provide a stable investment environment. With its central location and solid demand for rentals, Media Crest @701 is poised to continue to generate consistent cash flow. It represents a safe and reliable long-term investment in a high-demand area. Also available with sister property 520 N Hollywood Way, 20 units, if desired. * Contact Greg Alexanian for further details, tour dates and offering memorandum *
$9,000,000
520 Hollywood Way Burbank, CA 91505
- Type:
- Apartment
- Sq.Ft.:
- 18,044
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.32 Acres
- Year built:
- 1990
- Baths:
- MLS#:
- SR24231424
ADDITIONAL INFORMATION
We are pleased to offer for sale the Media Crest @520, a turn-key 20 units multifamily offering in the city of Burbank Ca. Comprised of fully upgraded and remodeled units and grounds, the offering requires virtually no capital upgrade requirements and is being delivered at 12.6 grm and 5.74% cap. Unit mix of (1) 3+2, (15) 2+2, and (4) 1+1 are supplied with balconies/patios, fireplaces, dishwashers, central AC & heat, and are secured by gated parking and controlled access. Situated in the heart of Burbank, a thriving media and entertainment hub, this property offers proximity to major studios like Warner Bros., Disney, and NBC. Burbank is known for its strong rental demand and stable real estate market, making it an excellent location for apartment investment. Directly across the street is the "Ranch Lot Development" a $500,000,000 project being completed in 2025 is comprised of 926,000 sq ft media & office space. Burbank has a strong local economy driven by entertainment, tech, and media industries, making it a resilient market for residential real estate. The city’s ongoing development and economic growth provide a stable investment environment. With its central location and solid demand for rentals, Media Crest @520 is poised to continue to generate consistent cash flow. It represents a safe and reliable long-term investment in a high-demand area. Also available with sister property 711 N Hollywood Way, 24 units, if desired. * Contact us for further details, tour dates and offering memorandum *
$5,500,000
1814 Grismer Avenue Burbank, CA 91504
- Type:
- Cluster
- Sq.Ft.:
- 9,906
- Status:
- Active
- Beds:
- 14
- Lot size:
- 0.23 Acres
- Year built:
- 1961
- Baths:
- 16.00
- MLS#:
- 24460053
ADDITIONAL INFORMATION
The building is exempt from Los Angeles Rent Control and therefore an investor can benefit from higher allowable annual rent increases through AB 1482. Only two units have been given rent increases within the past year, potentially allowing a new owner to improve the property's cashflow almost immediately (Buyer to verify). Situated within a mile of both the Burbank Town Center and the Empire Center, this property grants tenants convenient access to numerous major national retailers and an extensive slate of entertainment and dining options. Stores such as Costco, Target, Walmart, Nordstrom Rack, Macy's, Cost Plus World Market, and Best Buy provide local residents a wide array of local shopping choices. 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.
$1,685,000
529 Orange Grove Avenue Burbank, CA 91501
- Type:
- Fourplex
- Sq.Ft.:
- 3,235
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1926
- Baths:
- MLS#:
- BB24220971
ADDITIONAL INFORMATION
Investors and Homeowners! Located in the hills of Burbank is this 4-unit income property with BUR4 zoning which allows for medium-density multi-family housing (i.e. it permits higher density development compared to single-family zones). An excellent opportunity for an investor or a homeowner who wants to live in the front house or one of the other units and rent out the rest! Living in the media capital of the world, Burbank residents take pride in top-rated schools, parks & recreation offerings, hiking trails, charming Chandler Bike Path, trendy shops, & restaurants. Do not miss this opportunity to own this wonderful property in this awesome city!
$1,499,999
633 Fairmount Road Burbank, CA 91501
- Type:
- Duplex
- Sq.Ft.:
- 2,024
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1926
- Baths:
- MLS#:
- SR24218428
ADDITIONAL INFORMATION
WoW!!This charming 3-bed, 2-bath home in 91501 is a fantastic rental opportunity! With a legal ADU, this property boasts modern upgrades, a spacious primary suite, new roof, central AC, updated electricals, and copper plumbing, all done in the last 5 years. Features include a tankless water heater, detached 2-car garage, and a permitted 1-bed, 1-bath ADU with separate entrance and parking for potential rental income. Conveniently located near schools and attractions, and with easy access to freeways and amenities, Fairmount Rd offers a perfect mix of comfort and convenience. Don't miss out!
$1,100,000
1423 Hollywood Way Burbank, CA 91505
- Type:
- Triplex
- Sq.Ft.:
- 1,173
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Year built:
- 1953
- Baths:
- MLS#:
- SR24197556
ADDITIONAL INFORMATION
Perfect Burbank Triplex, of three studio units, in a great location. This income property is located with easy access to the 134/ 5/ and 101 freeways. Minutes from all major movie studios, the Burbank Airport, Amazon, public transportation, Magnolia Park shopping, the Chandler Bike path and the Empire Center. Burbank is known for wonderful schools and a high demand rental market. All units are currently occupied. Improvements include: 3 interior electrical panels upgraded 3 exterior panels upgraded Upgraded drains throughout the property. New toilets throughout New sinks throughout The whole property has a re-circulating hot water line (instant hot water throughout the unit). Unit A : New kitchen cabinets. 45 full grown ficus tress for privacy. Exterior Pation Space in Front of unit. Unit B: Middle unit, polished concrete floors throughout Unit C: Outdoor sink. Hot and cold water . [ Back yard exclusive ] [BBQ pit] natural gas line One parking spot available with this unit The property is separately metered for gas and electricity and has very low maintenance required with strong upside in rents. This is a wonderful opportunity for a first time investor or a savvy investor looking to add to their portfolio. Zoning BUR4 * R-4 High Density Residential
$1,459,000
919 Buena Vista Street Burbank, CA 91505
- Type:
- Cluster
- Sq.Ft.:
- 1,940
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.16 Acres
- Year built:
- 1940
- Baths:
- 3.00
- MLS#:
- 24449977
ADDITIONAL INFORMATION
Incredible opportunity to own two homes on one lot in a highly desirable Burbank location.*Front House (919 N Buena Vista): 2 bedrooms, 1 bath, 941 sq ft, recently remodeled with an open layout. Features include new luxury flooring, fresh paint, recessed lighting, an updated kitchen with new countertops and cabinets, and stainless steel appliances. The bathroom is fully updated with modern fixtures and attached 2-car garage. The exterior has been upgraded with new landscaping and concrete, perfect for outdoor living.*Back House (921 N Buena Vista): Brand-new ADU with 2 bedrooms, 2 baths, approximately 1,000 sq ft. This newly constructed unit features high-end finishes throughout, an open-concept living area, a modern kitchen with quartz countertops and custom cabinetry, and luxurious bathrooms with rain showers. Additional highlights include PAID OFF solar panels, brand-new central AC units, and exterior lighting all around the property. Both units will be delivered vacant, offering flexibility to live in one and rent the other, or rent both for significant income potential. This is a rare opportunity for owner-occupiers or investors, combining modern amenities, energy-efficient features, and prime location. This property won't last long schedule your showing today!
$1,459,000
Buena Vista St Burbank, CA 91505
- Type:
- Other
- Sq.Ft.:
- 1,940
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.16 Acres
- Year built:
- 1940
- Baths:
- 3.00
- MLS#:
- 24-449977
ADDITIONAL INFORMATION
Incredible opportunity to own two homes on one lot in a highly desirable Burbank location.*Front House (919 N Buena Vista): 2 bedrooms, 1 bath, 941 sq ft, recently remodeled with an open layout. Features include new luxury flooring, fresh paint, recessed lighting, an updated kitchen with new countertops and cabinets, and stainless steel appliances. The bathroom is fully updated with modern fixtures and attached 2-car garage. The exterior has been upgraded with new landscaping and concrete, perfect for outdoor living.*Back House (921 N Buena Vista): Brand-new ADU with 2 bedrooms, 2 baths, approximately 1,000 sq ft. This newly constructed unit features high-end finishes throughout, an open-concept living area, a modern kitchen with quartz countertops and custom cabinetry, and luxurious bathrooms with rain showers. Additional highlights include PAID OFF solar panels, brand-new central AC units, and exterior lighting all around the property. Both units will be delivered vacant, offering flexibility to live in one and rent the other, or rent both for significant income potential. This is a rare opportunity for owner-occupiers or investors, combining modern amenities, energy-efficient features, and prime location. This property won't last long schedule your showing today!
$1,999,000
215 Hollywood Way Burbank, CA 91505
- Type:
- Cluster
- Sq.Ft.:
- 3,834
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Year built:
- 2017
- Baths:
- MLS#:
- P1-19402
- Subdivision:
- Not Applicable
ADDITIONAL INFORMATION
Unique opportunity- Creative live/work space in the heart of Burbank's media district! Three floors of brand new construction close to shopping, transportation, and studios. Main floor features a two car garage, entry and a private suite. The 2nd floor is composed of two sets of stairs: one going to a second private suite and another taking you to three bedroom/work spaces and two bathrooms. Finally, the third floor boats a living room with beamed/vaulted ceilings, modern kitchen with dark counter tops, bedroom/work space, and a spacious outdoor patio ideal for entertaining. Custom finishes include hardwood floors, multi-zoned heating and air, quartz counter tops, two laundry areas, kitchenettes in selected suites, and a low maintenance yard. The possibilities are endless with this property- long or short term rental, work space, studio/production suite or simply a brand new home in beautiful Burbank.
$1,200,000
2030 Brighton Street Burbank, CA 91504
- Type:
- Duplex
- Sq.Ft.:
- 2,221
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1950
- Baths:
- MLS#:
- PTP2405934
ADDITIONAL INFORMATION
Great Investment Property !! the perfect fixer-upper -to keep or to Flip !! two homes in one lot plus a studio !! Location ! Location ! Downtown Burbank ! north Hollywood ! Near Shopping, Restaurants, entertainment, and conveniently located near Hollywood Burbank Airport ! off FWY 5 ! great employment opportunities, long term tenants LOW RENTS !!
$1,250,000
2014 Peyton Avenue Burbank, CA 91504
- Type:
- Duplex
- Sq.Ft.:
- 1,650
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1924
- Baths:
- MLS#:
- SR24190527
ADDITIONAL INFORMATION
Pride of ownership, two separate houses on one lot. 2014 Peyton Ave. and 2016 Peyton Ave., located in a great Burbank location. Each house has its own separate Gas, Electric, and separate Water Meter. Tenants pay for their Gas, Electric, Water, and Waste Disposal. Both houses have Central Air Conditioning and Heating. 2014 Peyton Ave. has 2 bedrooms, 1 bath. 2016 Peyton Ave. upstairs has 2 bedrooms 1 bath, balcony of the living room. Downstairs area has an unpermitted kitchenette, bathroom, and a bonus nook. 2016 Peyton Ave. has a 2-car garage. Both houses are well-maintained and were remodeled. 2014 Peyton Ave. is one Story, and 2016 Peyton Ave. is two Stories.
$2,800,000
2415 N Lincoln Street Burbank, CA 91504
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.18 Acres
- Year built:
- 1939
- Baths:
- MLS#:
- CRCV24184894
View additional info
Courtesy: RE/MAX MASTERS REALTY
ADDITIONAL INFORMATION
Property Overview: Prime Location: Situated in the vibrant Burbank 91504 area, this property is conveniently close to major shopping centers and studios. Top-Rated School District: Burbank is renowned for its excellent schools, significantly enhancing property value. Exceptional Public Services: The area benefits from outstanding police and fire departments, ensuring a safe and secure environment. Front House has 3 bedrooms, 2 bathrooms, Parking: Includes a 1-car covered garage and 3 additional parking spaces. Upgraded Condition: Recently remodeled for modern living. Climate Control: Equipped with central air and heating. Back Units 1: 2 bedrooms, 2.5 bathrooms, features a private patio, 2 designated parking spaces, recently remodeled for modern comfort. Climate Control: Equipped with central air and heating, back Unit 2 Second Floor 2 bedrooms, 2 bathrooms, Includes two balconies. Parking: 2 designated parking spaces. Upgraded Condition: Recently remodeled with modern amenities. Climate Control: Equipped with central air and heating. Conveniently located near schools, public transportation, shopping, and entertainment in Burbank. Easy access to the 5 Freeway, ideal for commuters. Investment Potential: Lucrative Income Property: This 3-unit property is poised to generate steady r
$5,995,000
2001 Peyton Avenue Burbank, CA 91504
- Type:
- Cluster
- Sq.Ft.:
- 9,232
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.44 Acres
- Year built:
- 1960
- Baths:
- 20.00
- MLS#:
- 24436685
ADDITIONAL INFORMATION
This is an excellent opportunity to invest in a rare non-rent-controlled 20-unit building (95% occupied) in the prime Burbank area, priced at only $299k per door for renovated units. The property boasts an incredible current 5.25% Cap Rate and 13.2 GRM with upside potential to reach a 5.7% cap rate and 12.4 GRM on proforma. 16 fully renovated units with permits and 1 partially remodeled units offer promising long-term value for any forward-thinking investor. Additionally, the large lot size of approximately 19,166 SF provides ample parking spaces, and there is potential for future upside by adding multiple ADUs (Accessory Dwelling Units).Non-LA-City rent-controlled asset allowing significant 8.9% annual rent increases (5%+CPI) for future upside. 16 units have been completely renovated with permits (1 vacant) and boast a high-end aesthetic with new cabinets, flooring, modern lighting, new bathrooms, stainless steel appliances, as well as major exterior capital improvements. Amenities include a renovated courtyard with seating areas and a fire pit, on-site laundry facilities, and parking for convenience. Prime Burbank location is just minutes away from media giants such as Warner Bros Studios, Walt Disney studios, and Burbank Town Center Shopping Mall.
$1,999,000
924 Clark Avenue Burbank, CA 91506
- Type:
- Fourplex
- Sq.Ft.:
- 2,838
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1949
- Baths:
- MLS#:
- SR24166746
ADDITIONAL INFORMATION
Never Been Offered for Sale! This is a 4-plex on a 6,178 sq/ft lot, located in prime, desirable area of Burbank. These 4 units are within walking distance to George Izay Park, Walt Disney Elementary School, shopping amenities, entertainment studios like Nickelodeon, Warner Bros. and Disney. Not to mention access to the 5 and 134 freeways and even closer to LA Equestrian Center Rents are significantly below market value, which creates an opportunity to have significant improvements in rental income. These 4 units on one lot consist of Two, 2 bedrooms and Two 1 bedrooms with a total of 6 bedrooms and 6 bathrooms per county records. Each unit has its own gas and electric and A/C units. Situated in a Prime rental district, the location ensures strong rental demand with the proximity to even, Starbucks. Lots of potential for owner / user wanting tenants to help with the mortgage, or investors look for great upside potential. Call for more details. IMPORTANT that you do not disturb the residents an anyway, Please!
$1,999,999
271 Ash Avenue Burbank, CA 91502
- Type:
- Cluster
- Sq.Ft.:
- 2,824
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.16 Acres
- Year built:
- 1938
- Baths:
- 4.00
- MLS#:
- 24417603
ADDITIONAL INFORMATION
We are pleased to introduce you to an exceptional opportunity at 271 W. Ash Ave, Burbank, CA 91502. This multi-family apartment building is a gem that caters to the needs of prospective homebuyers, and commercial multi-family apartment building owners alike. This is a rare opportunity to own a multi-family apartment building in a prime location at a competitive price. The demand for rental properties in Burbank is strong, making it an excellent choice for homeowners and investors.* Impeccably maintained fourplex* Property consists of a 3 + 1 Single Family Residence with two (2) car garage; three (3) 1 +1 apartment units with six (6) 10 X 30 garages, ideal for contractor, storage or potential ADU's (Buyer to independently verify with City of Burbank)* 4.6% cap / 17 GRM at current rents and new tax base. 5.5% cap/14% GRM at proforma rents.* Conveniently located west of the 5 freeway between Alameda and Olive* Burbank schools!!* Owner may finance for a qualified buyer.
Based on information from Combined LA/Westside Multiple Listing Service, Inc. as of {{last updated}}. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Burbank Real Estate
The median home value in Burbank, CA is $1,125,000. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Burbank, CA is $1,125,000. Approximately 40.02% of Burbank homes are owned, compared to 53.39% rented, while 6.6% are vacant. Burbank real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Burbank real estate agent to arrange a tour today!
Burbank, California has a population of 107,364. Burbank is less family-centric than the surrounding county with 30.12% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Burbank, California is $82,246. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Burbank is 39.5 years.
Burbank Weather
The average high temperature in July is 85.7 degrees, with an average low temperature in January of 45.3 degrees. The average rainfall is approximately 17.1 inches per year, with 0 inches of snow per year.