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Sold for $2,400,000
  • Listed by: Baboudjian Properties Inc. • Jack Baboudjian • Contact: 818-244-5151
    Bought with: GPM
    $2,400,000

    1608 Grismer Ave, Burbank, CA 91504

    16beds
    8baths
    6,800sqft
    Multi Family
    Built in 1944
    -- sqft lot
    $-- Zestimate®
    $353/sqft
    $3,746 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,746/mo

    Zestimate® history
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    What's special

    PRICED TO SELL! The Grismer Apartments is located in Burbank, one of the most sought-after cities in Los Angeles County. The building is just minutes away from the shopping and eateries located at the Empire Center and Downtown Burbank. The City of Burbank offers not only a quiet corner to call home but also some of the most major production studios in the entertainment industry! It is also ideally centered near a few major freeways, making it a short distance to cities like Glendale, Toluca Lake and Sherman Oaks. The apartment complex has 8 units in total and features an excellent unit mix. The property consists of all 2 bedroom 1 bathroom units. The property has been so well maintained and has lots of curb appeal. The location incorporates the perfect balance between the coziness of the City of Burbank and the liveliness of being minutes away from hot spots throughout Los Angeles. This premier property is a unique opportunity for an investor looking to expand their portfolio into one of the leading neighborhoods in Los Angeles County!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jack Baboudjian DRE #01372116 626-657-7575,

    Baboudjian Properties Inc.

    Bought with:

    Edwin Savadian, DRE #01821286

    GPM

    Source: CRMLS,MLS#: GD25222301MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 8
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 6,800
    • Total interior livable area: 6,800 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Assigned
    • Carport spaces: 6
    • Uncovered spaces: 2
    Features
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.32 Acres
    • Features: 6-10 Units/Acre
    Details
    • Parcel number: 2468007012
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1944

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs
    Location
    • Region: Burbank

    Financial & listing details

    • Price per square foot: $353/sqft
    • Tax assessed value: $215,981
    • Annual tax amount: $3,633
    • Date on market: 9/22/2025
    • Cumulative days on market: 126 days
    • Listing terms: Cash,Cash to New Loan
    • Total actual rent: 18475

    Price history

    DateEventPrice
    2/27/2026Sold$2,400,000$353/sqft
    Source: CRMLS #GD25222301 Report a problem
    9/26/2025Contingent$2,400,000$353/sqft
    Source: CRMLS #GD25222301 Report a problem
    9/22/2025Listed for sale$2,400,000-15.6%$353/sqft
    Source: CRMLS #GD25222301 Report a problem
    9/21/2025Listing removed$2,845,000-5%$418/sqft
    Source: SDMLS #GD25112025 Report a problem
    6/23/2025Listed for sale$2,995,000$440/sqft
    Source: SDMLS #GD25112025 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,633 +5.2%$215,981 +2%
    2024$3,453 +0.7%$211,844 +2%
    2023$3,429 +3.5%$207,788 +2%
    2022$3,313 +1.7%$203,812 +2%
    2021$3,257 +1%$199,913 +1%
    2020$3,225 $197,915 +1.9%
    2019$3,225 +6.8%$194,132 +1.9%
    2018$3,020 $190,423 +4.7%
    2017$3,020 +3.1%$181,837 +2%
    2016$2,928 +5.7%$178,273 +1.5%
    2015$2,770 -0.5%$175,596 +2%
    2014$2,784 $172,157 +5.3%
    2010-- $163,496 +1.8%
    2008-- $160,672 +2%
    2007-- $157,523 +2%
    2006-- $154,435 +4%
    2004-- $148,440 +1.9%
    2003-- $145,720 +2%
    2002-- $142,863 +4%
    2000-- $137,318
    Find assessor info on the county website

    Neighborhood: 91504

    Nearby schools

    GreatSchools rating