Burbank CA Multi Family for Sale
$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!
$2,495,000
710 Tujunga Avenue Burbank, CA 91501
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 10
- Lot size:
- 0.18 Acres
- Year built:
- 1964
- Baths:
- 12.00
- MLS#:
- 224004339
ADDITIONAL INFORMATION
Investment opportunity on the hill in Burbank. Front unit can be used as the owner's house with 3 bedrooms and 2.5 baths, indoor laundry and an attached two car garage with direct access-rare in Burbank! The front unit is ready for your personal touches. The three back units have all been remodeled. All four units are rented and occupied. Exterior was just painted, completely relandscaped, everything on drip, sprinklers and timers. Estate sale managed by the Trustee, no court approval needed. Listed at the Appraised value as of June 2024
$5,298,000
536 Cypress Avenue Burbank, CA 91501
- Type:
- Cluster
- Sq.Ft.:
- 15,012
- Status:
- Active
- Beds:
- 26
- Lot size:
- 0.23 Acres
- Year built:
- 1986
- Baths:
- 26.00
- MLS#:
- 24440913
ADDITIONAL INFORMATION
First time on the market in over 27 years, a premier investment opportunity for 13 units in prime Burbank. Constructed in 1986, this well built and well-maintained apartment property is located within one block of N. Glenoaks Blvd. Thirteen 2 Bedroom + 2 bath units were designed with more square footage and larger room sizes than typical apartments of that era. Over the last four years, 4 units have been fully updated including new cabinets, Quartz countertops, vinyl plank flooring and updated bathrooms. Other features such as a secure intercom entry, central heat and AC in all units, gated parking (26 SIDE BY SIDE SPACES), pitched comp shingle roofs, individual water heaters and parking access elevator make this an excellent rental property investment. In 2019 the windows and sliding doors were replaced, in 2020 building exterior was fully repainted and in 2024 the balconies were inspected in accordance with SB721. There is an on-site laundry room with machines owned by sellers, and the building is separated metered for gas and electricity. Located in a highly desirable Burbank neighborhood, this property is within walking distance of the vibrant downtown Burbank and Town Center, providing residents with easy access to shopping, diverse dining options, and dynamic entertainment venues. The property's proximity to major employers, such as Walt Disney Studios, Warner Brothers Studios, and DreamWorks Animation, further contributes to the appeal of its location. With limited property sales in this area, don't miss this chance to acquire a top-quality building in a prime location that will serve as a generational investment. Property is subject to AB1482 Rent Control. PLEASE DO NOT DISTURB TENANTS. INSPECTION UPON ACCEPTED OFFER.
$2,785,000
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#:
- GD24189437
ADDITIONAL INFORMATION
FIRST TIME ON THE MARKET!! Located in the highly desirable NW of Burbank, one block below Kenneth. This pride of ownership is well maintained 5-unit plus new ADU complex! 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 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.
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.