Well-maintained 5-unit multifamily investment opportunity in a desirable Burbank rental corridor offering strong in-place income, attractive unit mix, and future upside potential. The property features a highly desirable mix of three 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one studio, providing broad tenant appeal and consistent occupancy.
Current ownership has completed significant capital improvements, including a soft-story seismic retrofit and reroofing of the building, helping reduce future capital expenditure concerns for the next owner. Several units have also been substantially renovated during current ownership.
Additional features include individually metered gas and electric, one assigned parking space per unit, on-site laundry facilities, and a manageable five-unit footprint ideal for both private investors and 1031 exchange buyers.
Conveniently located near major employment centers, transportation corridors, shopping, dining, and entertainment, this is an opportunity to acquire a stabilized Southern California asset with dependable cash flow and meaningful long-term rental upside in one of the region's most sought-after rental markets.
40 days
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218
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5
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Zillow last checked:
Listing updated:
Listed by:
Mary BaldryDRE #01927691626-344-6410,
Century 21 Village Realty,
Nicholas BaldryDRE #01958991,
Century 21 Village Realty
Source: CRMLS,MLS#: AR26146021Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 5
Rooms
Room types: Kitchen, Laundry, Living Room
Heating
Wall Furnace
Cooling
Wall/Window Unit(s)
Appliances
Included: Disposal, Gas Oven, Gas Range, Range Hood, Tankless Water Heater, Dryer, Washer
Laundry: Common Area
Features
Ceiling Fan(s)
Flooring: Carpet, Laminate
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls
Interior area
Total structure area: 3,140
Total interior livable area: 3,140 sqft
Property
Parking
Total spaces: 5
Parking features: Assigned, Carport, Driveway
Carport spaces: 4
Uncovered spaces: 1
Accessibility
Accessibility features: None
Features
Levels: Two
Stories: 2
Entry location: first floor
Pool features: None
Spa features: None
Fencing: Block
Has view: Yes
View description: Park/Greenbelt
Lot
Size: 5,675 Square Feet
Features: Front Yard, Lawn
Details
Parcel number: 2480018029
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Foundation: Raised, Slab
Roof: Shingle
Condition
New construction: No
Year built: 1937
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Community & HOA
Community
Features: Park, Storm Drain(s), Street Lights, Sidewalks