Price Reduced Listing
Description
Outstanding 11-Unit Multifamily Investment Opportunity - Burbank, CA Don't miss this outstanding income-producing multifamily property located in one of Burbank's most desirable rental markets, offering convenient access to the Interstate 5 Freeway, shopping, dining, schools, and entertainment. This well-maintained 11-unit apartment building offers a strong and highly desirable unit mix: 4 Units: 2 Bedrooms / 1 Bathroom, 6 Units: 1 Bedroom / 1 Bathroom, 1 Unit: 2 Bedrooms / 2 Bathrooms The property features 10 on-site parking spaces, a beautifully maintained community swimming pool, attractive landscaping, and a spacious central courtyard that creates a welcoming residential environment. Property Highlights, Recently painted exterior, Majority of units remodeled, Vinyl flooring throughout units, Granite countertops in kitchens, Most windows upgraded to newer dual-pane, Individual gas and electricity meters for each unit, On-site laundry room. A rare opportunity to acquire a quality multifamily asset in the highly sought-after City of Burbank, known for strong rental demand and long-term appreciation potential. With its strong unit mix, upgraded interiors, and prime location, this property presents an exceptional opportunity for investors seeking stable cash flow and long-term growth in strongest rental markets.
Details
| MLS # | SR26152429 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 52 |
| Listing Provided By | Park Regency Realty | Celina Arevalo |
Features
| SQ Feet | 8,333 |
|---|---|
| Story(s) | 2 |
| Units | 11 |
| Building(s) | 1 |
| Acreage | 0.18 |
| Property View | None |
Interior
| Cooling | Wall Window Units |
|---|---|
| Cooling Yes / No | Yes |
| Window Features | Double Pane Windows |
| Fireplace Yes / No | No |
Exterior
| Security Features | Gated Community |
|---|---|
| Lot Features | Eleven To Fifteen Units Acre |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Utilities | Other |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Curbs, Sidewalks, Gated, Pool |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Burbank |
| Zip Code | 91505 |
| Area | 610 Burbank |
| Listing VS Median (in 91505) | |
Price: $4,799,000 low | high Med: $1,100,000 sqft: 8,333 low | high Med: 1,632 $ / sqft: $576 low | high Med: $675 On site: 52 low | high Med: 45.5 | |
Market Activity 91505
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Burbank |
| Zip Code | 91505 |
| Area | 610 Burbank |
| Listing VS Median (in 91505) | |
Price: $4,799,000 low | high Med: $1,100,000 sqft: 8,333 low | high Med: 1,632 $ / sqft: $576 low | high Med: $675 On site: 52 low | high Med: 45.5 | |