Sellers will carry the 1st loan with an acceptable down payment, and offer the interest rate at 5.00% fixed for the first 5 years. The buyer's potential has a positive cash flow with interest payment only. This will be a great Investment Opportunity in the Heart of Burbank. This well-maintained 5-unit property features a desirable front owner's unit and a two-story rear building with four additional rental units. Amenities include five garage parking spaces, one uncovered parking spot, and an on-site laundry room, ideal for both tenant convenience and additional income potential. Perfectly located near Warner Bros. and NBC Studios, and just 15 minutes from Universal Studios. The front unit is owner-occupied; it will be vacant at closing. The property underwent extensive renovations in 2022 and 2023, including a new roof on units and garages and new dual-pane windows in most units (except one). The current leases remain in place through March 31, 2026. The owner unit's rent can be set at the market rent, subject to California's rent control guidelines. The new owner can increase revenue through separate charges for garage parking and storage. Potential to increase the cap rate higher than 4.51% and have a potential Value Add by building a new ADU above the current garage or converting it to an ADU. The building has minimal maintenance.
Sold for $2,000,000
$2,000,000
140 N Pass Ave, Burbank, CA 91505
6beds
5baths
4,077sqft
Multi Family
Built in 1941
-- sqft lot
$1,973,100 Zestimate®
$491/sqft
$4,455 Estimated rent
Home value
$1,973,100
$1.87M - $2.07M
$4,455/mo
Zestimate® history
Owner options
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$4,455/mo
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$4,455/mo
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$12,808/mo
Est. payment
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$12,808/mo
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List your homeWhat's special
One uncovered parking spotTwo-story rear buildingFive garage parking spacesOn-site laundry room
Zillow last checked:
Listing updated:
Listed by:
Somboon Nakorn DRE # 00987926 818-432-3200,
Keller Williams Glendale 818-432-3200,
Erika De Leon DRE # 02174115 818-252-9174,
The Core Agency
Bought with:
Erika De Leon, DRE # 02174115
The Core Agency
Source: CLAW,MLS#: 25555629
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Rooms
- Room types: Breakfast Area
Bathroom
- Features: Low Flow Toilet(s), Shower Stall
Kitchen
- Features: Tile Counters
Heating
- Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Gas/Electric Range, Disposal, Range/Oven, Refrigerator, Gas Water Heater, Water Heater Unit
- Laundry: Laundry Closet Stacked, In Unit, Common Area, Laundry - Closet Stacked
Features
- Crown Molding
- Flooring: Laminate
- Windows: Mini Blinds
- Has fireplace: Yes
- Fireplace features: Bath, Kitchen, Living Room
Interior area
- Total structure area: 4,077
- Total interior livable area: 4,077 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage - 1 Car, Garage - 2 Car, Parking Space, On Street
- Garage spaces: 5
- Uncovered spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Entry location: Ground Level w/steps
- Patio & porch: None
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: City
- Waterfront features: None
Lot
- Size: 5,688 Square Feet
- Dimensions: 52 x 110
- Features: Rectangular Lot, Single Lot, Flats
Details
- Additional structures: None
- Parcel number: 2485007012
- Zoning: BUR4*
- Special conditions: Standard
- Other equipment: Cable
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Roof: Composition,Shingle
Condition
- Updated/Remodeled
- Year built: 1941
Utilities & green energy
- Sewer: In Street Paid
- Water: Water District, District
- Utilities for property: Cable Available
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
HOA
- Amenities included: None
- Services included: Alarm System
Location
- Region: Burbank
Financial & listing details
- Price per square foot: $491/sqft
- Tax assessed value: $2,023,986
- Date on market: 6/22/2025
- Total actual rent: 108180
- Tenant pays: Electricity, Cable TV, HVAC Maintenance, Gas, Trash Collection, Water
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Sold | $2,000,000-4.8%$491/sqft |
Source:  CLAW #25555629 Report a problem | ||
| 5/5/2026 | Contingent | $2,100,000$515/sqft |
Source: CLAW #25555629 Report a problem | ||
| 3/3/2026 | Price change | $2,100,000-4.5%$515/sqft |
Source: CLAW #25555629 Report a problem | ||
| 1/6/2026 | Price change | $2,200,000-8.3%$540/sqft |
Source: CLAW #25555629 Report a problem | ||
| 6/22/2025 | Listed for sale | $2,399,900$589/sqft |
Source: CLAW #25555629 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Media
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Nearby schools
GreatSchools rating
- 8/10R. L. Stevenson Elementary SchoolGrades: K-5Distance: 0.6 mi
- 5/10Dolores Huerta MiddleGrades: 6-8Distance: 1.8 mi
- 9/10Burroughs High SchoolGrades: 9-12Distance: 1.5 mi
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Estimated market value
$1,973,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,973,100
- California
- Los Angeles County
- Burbank
- 91505
- Media
- 140 N Pass Ave
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