2-unit multifamily property in the highly desirable Magnolia Park neighborhood of Burbank, minutes from major film studios, the airport, hospital, schools, mall, parks, art district and much more. The property consists of two stacked 1-bedroom/1-bathroom units, each living like an individual home, featuring in-unit laundry, private outdoor areas and private garages with an additional parking spot for each unit. The property has been nurtured with upgraded interiors, a newer roof, paint, landscaping, and flooring through current ownership who has owned the property for nearly 10 years. This is a compelling opportunity in a premier central Burbank location along the Chandler bike path and is perfect for an owner occupant (VA, FHA eligible) or an investor looking for an extremely well-maintained property offering a strong entry price in a predominantly single-family neighborhood and corridor where homes average over one million dollars.
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.
GREAT INVESTMENT FOR BUYERS AND INVESTORS! FIXER UPPER DETACHED DUPLEX sit on a corner lot offering massive potential. First unit has 1 bed/1bath and second unit 3 bed/1bath. Bring your contractor and imagination to unlock the true value of this parcel! Live on 1 and rent the other. Sold “As-Is” condition.
Rare opportunity to acquire a well-maintained, fully occupied single-story four-unit investment property in the heart of Burbank. Ideally located on a quiet, low-traffic dead-end street just minutes from Interstate 5, Alameda Avenue, major studios, shopping, dining, and employment centers, this pride-of-ownership property offers stable current income and long-term upside. The property features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, all occupied by long-term month-to-month tenants. Under the same ownership for over 22 years, the property has experienced very little vacancy, reflecting its desirable location and strong rental demand. Numerous improvements include updated unit interiors, an updated sewer line, private full-size laundry sheds for the two-bedroom units, interior stackable laundry in the one-bedroom units, and a charming shared courtyard patio for tenant enjoyment. Each unit is individually metered for gas and electricity. Four detached single-car garages and a large storage shed are rented separately, providing additional income beyond the apartment rents. A spacious rear parking area offers ample off-street parking for tenants and guests. Current gross scheduled income is approximately $9,850 per month ($118,200 annually) with a projected buyer pro forma cap rate of approximately 5.7% (buyer to verify). Situated on a generous 7,748 SF lot with potential future expansion or redevelopment opportunities (buyer to verify with the City of Burbank), this is an exceptional opportunity to acquire a quality investment property in one of Burbank's most sought-after rental neighborhoods.
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.
Situated in one of Burbank's most sought-after residential neighborhoods, 1820 N. Hollywood Way presents an outstanding opportunity to acquire a well-located four-unit apartment property. The property consists of four spacious 1-bedroom, 1-bathroom units totaling approximately 2,482 square feet on a 5,329-square-foot lot. Its low-density configuration and prime location make it an attractive investment for those seeking long-term value in one of Southern California's most resilient rental markets. The property benefits from Burbank's exceptional fundamentals, including a diverse employment base anchored by the entertainment industry, outstanding municipal services, highly rated schools, and convenient access to major transportation corridors. Located just minutes from major employers such as Warner Bros. Studios, Walt Disney Studios, NBCUniversal, Providence Saint Joseph Medical Center, and the Hollywood Burbank Airport, the property enjoys consistent tenant demand from professionals seeking quality housing close to work and lifestyle amenities.
Rare 100% VACANT Burbank fourplex offering immediate value-add and lease-up potential. Located in Burbank and not subject to City of Los Angeles RSO. 1515 N Hollywood Way presents a rare opportunity to acquire a fully vacant 4-unit apartment building in the highly desirable Burbank market. Built in 1948, the property totals approximately 2,908 square feet on a 5,380 square foot lot and is comprised of (2) 2Bed+1Bath unit and (2) 1Bed+1Bath units. With all units delivered vacant, a new owner has the immediate ability to lease at market rents, select their own tenants, renovate further, or reposition the asset without existing tenant complications. The property has been improved with new paint and offers strong pro forma income potential, with projected scheduled gross income of $280,800 annually based on market rent assumptions of $3,750/month for the 2Bed+1Bath units and $2,650/month for each 1Bed+1Bath unit. At the list price of $1,495,000, the property is priced at $373,750 per unit and approximately $514.10 per building square foot, with a projected 7.85% cap rate and 9.73 GRM. A major value-add component is the ability to potentially add up to 4 ADUs, creating a significant upside path for a buyer to explore. With the property fully vacant and existing garage/parking improvements already on site, the asset gives investors a clean opportunity to stabilize the current four units while also evaluating additional rental income through ADU development. Buyer to verify all ADU feasibility, zoning, permits, CUP requirements, and development standards with the City of Burbank. Located along Hollywood Way in Burbank, the property benefits from proximity to Magnolia Park, the Media District, Warner Bros. Studios, The Walt Disney Company, ABC Television, shopping, dining, and major employment centers. Unlike properties located in the City of Los Angeles, this Burbank asset is not subject to LA RSO. Burbank has its own tenant protections, and AB 1482 may apply, but the property is not under Los Angeles rent control.
We are pleased to present the investment opportunity at 2001-2005 Grismer Avenue in Burbank, California. This 14-unit apartment community is situated in the established North Burbank residential corridor, one of the most consistently performing multifamily submarkets in the San Fernando Valley. The offering represents an opportunity to acquire a uniformly configured, below-market asset in a city that operates independently from the City of Los Angeles, with a meaningfully different regulatory environment and a strong long-term rental demand profile driven by proximity to the Burbank Media District, the studios, and the broader employment base that anchors the area. The subject property is a two-story, 14-unit apartment building constructed in 1987 and situated on an 11,325 SF lot. The building totals 11,334 square feet of rentable area and is zoned BUR4. The unit mix is entirely composed of two-bedroom/two-bathroom units, providing operational consistency and a single-profile leasing strategy across the entire asset. Residents benefit from on-site laundry service provided through a contract with All V alley Washer Service, generating approximately $2,948 annually in supplemental income. The building's uniform layout and standard two-bedroom configuration appeal to the core renter demographic in this corridor: working professionals, dual-income households, and long-term tenants drawn to Burbank's livability, school quality, and commuter access. The asset is individually addressed as both 2001 and 2005 Grismer Avenue and sits on a quiet residential street within walking distance of retail and services along N Glenoaks Blvd. 2001-2005 Grismer Avenue is positioned within the 91504-zip code, one of Burbank's most active multifamily leasing zones. Burbank is an independent city with its own municipal services and zoning authority, sitting just outside the City of Los Angeles and governed by California AB 1482 rather than the LA city RSO. The current in-place rent average of $2,203 per unit sits approximately $556 below the market rate for comparable two bedroom product in the immediate area, with all 14 units presenting measurable upside. At full market occupancy, annual gross scheduled rent reaches $462,000, representing $93,473 in additional gross income over the current roll. Burbank's location within easy commuting distance of the entertainment industry, healthcare, and professional service employment centers throughout Los Angeles County supports durable renter demand and limited lease-up risk for an incoming owner.
With a prime corner lot location north of Glenoaks Boulevard, the property offers residents a home in the picturesque foothills of the Verdugo Mountains with Downtown Burbank and the Burbank Town Center shopping mall just blocks away. Buildings of this size and in this location are rarely available for sale, with fewer than one such property transacting per year over the past two decades (Source: CoStar COMPS). Due to the fact that the property is subject only to Burbank's local rent ordinance, a new owner may be able to recapture the rent upside and keep pace with improving rent growth via higher allowable rent increases, when compared with other assets subject to Los Angeles rent control. At the same time, deferred maintenance costs are dramatically reduced as the property has been thoroughly upgraded and well maintained in recent years. Seismic retrofit repairs were completed in January 2026, while a new roof was added, new windows were installed, and plumbing was replaced in 2018/2019. Tenants are easily attracted to the building's impressive amenities package, which includes central air/heat, recessed lighting, vaulted ceilings, quartz countertops, stainless steel appliances, and new vinyl windows. Dubbed the "Media Capital of the World," the city of Burbank is home to a vast contingent of entertainment employers, which allows tenants convenient commutes to studios. Notable media production campuses in and around Burbank include Disney Studios, Walt Disney Imagineering, Warner Bros. Studios, Universal Studios, Nickelodeon Studios, Cartoon Network, and Dreamworks Animation. In addition to the Burbank Town Center Shopping Mall, several other retail and dining destinations are conveniently accessible to tenants, including the Empire Center, Costco, Ikea, and the Americana at Brand lifestyle center.
This is a rare and exciting opportunity to purchase an investment property in Magnolia Park. Wonderful views of blue Jacaranda trees on the Chandler Bike path.This well maintained and updated triplex 2514,2516,2518 W. Chandler Blvd. All units have stone countertops, tile or slate floors in the kitchen /bathrooms and hardwood flooring in bedrooms, living room and dining room and newer electrical panels. Replaced back staircase (2019). Rain gutters added. Unit 2514 -(2 Bedroom) Kitchen: Unit has maple kitchen cabinets, stainless steel stove, dishwasher. New back door to side yard. Upgraded electrical panel. Bathroom: Custom sliding glass shower doors ( installed 2018) tub/shower combo. New bathroom door. Added tile baseboards and large medicine cabinet for two people. We installed a whisper quiet exhaust fan and added canned lighting and a new fixture over the vanity. Living room: we added custom plantation shutters in the main window. Newer doubled pane windows in dining room, bedrooms, kitchen, bathroom. Replaced AC unit in the living room (2018) Newer custom blinds throughout. Upgraded electrical panel. Bedroom 1: We added a mini split heating and air / new ceiling fan and a new AC window unit in the second bedroom. New windows. Unit 2516: All new (2018) double pane windows in every room with custom blinds.Kitchen: Newer refrigerator, has a microwave oven, new faucet & disposal. Added tile back splash. Newer kitchen back door with custom blind. New light fixture over sink. New large pantry shelving unit. Bedroom: Added a multi-zone mini split heating/AC. New ceiling fan in bedroom.Bathroom: Retiled the shower, flooring and behind the sink & faucet with a built in soap dish. Added custom shower glass doors. New shower head, New sink, Replaced plumbing and drains. Added a whisper quiet exhaust fan. Refinished hard wood floors in entire apt. 2 Kohler double mirrored medicine cabinets, new mirror over toilet. Added shelving over doorway. 2518: Kitchen: Remodeled in 2020. All new custom designer kitchen. Professional layout. Beautiful yellow handmade tiles from England purchased from high end shop in Pasadena. New plumbing and drain. Added a light switch to kitchen entry with dimmer, added canned lights and new vintage style light fixture over sink. Has new sub flooring and new tile floor. New stove, refrigerator, new built-in microwave unit above stove. New ventilation system in kitchen. Bathroom: New sub flooring, New tile floor, New TOTO toilet, New JALCO Brass tub and shower fixtures. New plumbing and drain. Brass designer double sided mirror medicine cabinet. Italian plastered wall behind vintage sink. Built in vintage soap dish in wall . Sink has newer brass colored faucet to match the bathroom towel bars/ rings. Attic: newly Insulated. All units have hardwood flooring, updated electric panels/paint. Landscaping front/back w/auto sprinklers. Currently 2 units are month to month and 1 unit is on a 1 year lease. Well maintained, Triplex in highly desired Burbank location demonstrating pride of ownership. Convenient on-site "WASH" laundry room and all units include a 1 car garage and together enjoy out-door spaces. Units are occupied with long -term tenants. . Close to shopping and convenient freeway access, Close to Burbank Media Center. Burbank Studios, production companies, Disney Studios, Warner Brothers Studios, Handy Market, Magnolia Corner bar & grill, and Landmark old-school market and restaurant Monte Carlo Italian deli/ Pinocchio.
“Villa Bonita Condominiums” are a pride of ownership, turnkey, two story over parking, 10-unit condominium building. Constructed in 2009 with a flat, rolled composition shingled roof, some pitched concrete tile shingles, and a concrete pier foundation. The “Villa Bonita Condominiums” are 10 individually parceled condominiums that are currently rented to individual tenants. With 10 separate tax ID’s, a new owner can either continue to operate the project in its current form or sell the individual units as condos in the future. Operating as 1101 East Avenue Association, these fully completed condominium units are all owned by the current owner and rented individually. Seller to provide all HOA, CC&R, Bylaws, Certification of completion, White-Slip Condo docs and any other pertinent recorded documents. Buyer to perform its own investigations during the contingency period and make independent verifications and approvals. Amenities: Luxury units, built as condominiums. High end finishes and stainless-steel appliances, including dishwashers. Granite counters, laminate flooring in common areas, carpeted bedrooms. All units have a patio or balcony; gas fireplace; and washer dryers in the unit. Additionally, all units are equipped with individual tankless-water heaters. Tenants enjoy gated entrance and parking. There is a wheelchair lift from the parking garage to the first floor. Rent Control: As of early 2026, the City of Burbank does not have traditional rent control but operates under state law (AB 1482) and local "soft cap" ordinances.
Well-located 4-unit apartment building in the City of Burbank. Each unit is a 1-bedroom, 1-bath. Strong upside potential with and consistent demand for 1-bedroom units in the current market. Property is a model match to nearby 4-unit buildings in the immediate area. Ideal opportunity for first time or experienced investors seeking potential long-term growth. Close to major employment centers, studios, and public transportation
Well-located 4-unit apartment building in the City of Burbank. Each unit is a 1-bedroom, 1-bath. Strong upside potential with and consistent demand for 1-bedroom units in the current market. Property is a model match to nearby 4-unit buildings in the immediate area. Ideal opportunity for first time or experienced investors seeking potential long-term growth. Close to major employment centers, studios, and public transportation including.
Don’t miss this rare opportunity to own a well-located triplex in one of Burbank’s most desirable and central neighborhoods. Perfect for investors or owner-occupants. This triplex is not only centrally located but also offers the charm and character Burbank is known for. This property offers flexibility, functionality, and great potential. This versatile property features a front single-family home and two attached units in the rear with a total of 1,658 square feet of living space situated on a generous 6,275 square foot lot. Plenty of parking spaces off street - room for 4 cars. Detached Single Family Home in Front has 2 bedrooms, 1 bath and approx 874 square feet. Rear duplex contains two 1 bedroom, 1 bath units. Unit A is currently unoccupied - Could be delivered vacant at close of escrow. Or could be delivered fully occupied with Unit A to be rented at about $1600 / mo. Property currently has two solid tenants. The street has several other similar units and same Zoning BUR4* R4 (Check with the City of Burbank). Unit B was recently remodeled with new kitchen cabinets, new shower, new windows, tankless water heater, updated electrical and mini-split for heating and a/c. Unit A vacated in July and has been undergoing repairs - could be delivered vacant. Good tenants - all want to remain. Last rent increase was October 2025. Rents now $1800 for front, Unit A vacant with rent projected at $1600, and Unit B rented at $1800 - totalling $5200 / mo. Whether you're an experienced investor or just starting out, this property is a fantastic opportunity to own a piece of prime Burbank real estate. Explore the full potential that this triplex has to offer!
Given its prime location in the heart of the Burbank Media Center, directly between Warner Bros Studios and Walt Disney Studios, the property grants its tenants convenient access to several major media employers. Because the property is subject only to Burbank's local rent ordinance, an investor can benefit from higher allowable rent increases and more favorable landlord privileges when compared with similar properties in Los Angeles. Each of the units contains its own in-unit washer/dryer and has its own parking garage, with these amenities helping to attract higher-paying tenants. The roof was recently replaced and the plumbing has been upgraded with copper pipes. A new owner may potentially add significant value by constructing new ADUs on the property as well, given its existing parking garages and additional open parking area (Buyer to verify). In addition to the numerous studios within Burbank, including Walt Disney Imagineering, Nickelodeon Studios, Dreamworks Animation, and Cartoon Network, the property allows tenants comfortable commutes to several employers within nearby Studio City, Glendale, and Hollywood.
We are pleased to introduce you to an exceptional opportunity at 271 W. Ash Ave, Burbank, CA 91502. This multi-family apartment building is a gem that caters to the needs of prospective homebuyers, and commercial multi-family apartment building owners alike. This is a rare opportunity to own a multi-family apartment building in a prime location at a competitive price. The demand for rental properties in Burbank is strong, making it an excellent choice for homeowners and investors.* Impeccably maintained fourplex* Property consists of a 3 + 1 Single Family Residence with two (2) car garage; three (3) 1 +1 apartment units with six (6) 10 X 30 garages, ideal for contractor, storage or potential ADU's (Buyer to independently verify with City of Burbank)* 4.6% cap / 17 GRM at current rents and new tax base. 5.5% cap/14% GRM at proforma rents.* Conveniently located west of the 5 freeway between Alameda and Olive* Burbank schools!!* Owner may finance for a qualified buyer.
Welcome to 2924 West Riverside Drive, Burbank, CA! This property offers a remarkable opportunity for those seeking a prime investment in the heart of Burbank. In the sought-after Rancho District, this property boasts a total of 6 units (each its own bungalow with month-to-month tenants). This 3449 square foot gem is a rare find in today's market; each unit features one bedroom and one bathroom private casita, providing comfortable, convenient, and private living spaces for tenants. The property sits on a generous lot of almost 12k sq ft lot, offering ample outdoor space. Two 2-car garages add further value to the property, presenting the potential for additional dwelling units (ADUs) or providing secure parking for tenants. Conveniently located in Burbank, residents will enjoy easy access to a wide array of amenities, entertainment, and dining options including walking distance to Disney and WB Studios, Rancho Equestrian Facilities, and the Toluca Village. The bustling city of Burbank provides a vibrant backdrop for this property, with its thriving community and proximity to major attractions. Investors and homeowners alike will be drawn to the potential of this property, whether seeking a solid rental income or the opportunity to customize the space to their liking. Don't miss out on this chance to own a piece of prime real estate in Burbank. With its desirable location, spacious lot, and potential for expansion, 2924 West Riverside Drive is an exceptional opportunity not to be missed. Schedule a viewing today and explore the possibilities that this property has to offer!
Burbank is located in California. Burbank, California has a population of 107,364. Burbank is less family-centric than the surrounding county with 30.12% 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 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 is 39.5 years.
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.
