Burbank CA Multi Family for Sale

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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:
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!

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!

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Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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Burbank Real Estate

The median home value in Burbank, CA is $1,109,600. 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 $1,109,600. 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 91501 has a population of 107,364. Burbank 91501 is less family-centric than the surrounding county with 29.29% 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 91501 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 91501 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.

Burbank Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    23
    30-day change

Burbank Schools and Demographics

Education near Burbank, CA

Metric City County
High School Graduates 93.4 80.04
College Degree - 2 year 10.54 7.04
College Degree - 4 year 43.97 34.04
Graduate Degree 10.4 8
Expenditures per Student 17,429 17,429
Students per Teacher 21.9 21.9

Elementary Schools near Burbank, CA

School Grades Students P/T Ratio ZIP
Balboa Elementary School KG - 06 743 28.6 91201
Benjamin Franklin Elementary School KG - 06 636 24.5 91201
Bret Harte Elementary School KG - 05 676 29.4 91505
Joaquin Miller Elementary School KG - 05 738 27.9 91501
R. L. Stevenson Elementary KG - 05 572 26 91505
Ralph Emerson Elementary School KG - 05 596 27.1 91501
Theodore Roosevelt Elementary School KG - 05 633 28.8 91505
Thomas Edison Elementary School KG - 05 542 28.2 91506
Thomas Jefferson Elementary School KG - 05 749 29.4 91504
Thomas Jefferson Elementary School KG - 06 629 25.2 91201

Middle Schools near Burbank, CA

School Grades Students P/T Ratio ZIP
David Starr Jordan Middle School 06 - 08 1,080 25.9 91506
John Muir Middle School 06 - 08 1,408 25.5 91504
Luther Burbank Middle School 06 - 08 1,102 24.4 91505

High Schools near Burbank, CA

School Grades Students P/T Ratio ZIP
Burbank High School 09 - 12 2,606 24.6 91502
Burroughs High School 09 - 12 2,649 24.5 91506

Ungraded Schools near Burbank, CA

School Grades Students P/T Ratio ZIP
* Burbank USD Community Day School 07 - 12 24 6 91502
* Monterey High (Continuation) School 09 - 12 170 16.7 91506
Burbank Unified Independent Learning Academy (Buila) UG - UG 0 91505
Horace Mann UG - UG 0 91504
Magnolia Park School 06 - 12 23 6.4 91505
Off Campus Learning Center 03 - 12 1 6 91505
Options for Youth-Burbank Charter School KG - 12 1,075 11.7 91506

Demographics near Burbank, CA 91501

Metric Zip Code City
Neighborhood Type Inner City
Population 107,364 10,019,635
Population Density 6,201 2,469
Median Age 39.5 37
People per Household 2.5 2.9
Median Household Income 82,246 76,367
Average Income per Capita 47,905 37,924