1138 N Parish Place Burbank, CA 91506
Northwest District NeighborhoodHighlights
- Corner Lot
- No HOA
- Laundry Room
- Thomas Edison Elementary School Rated A
- Cooling System Mounted To A Wall/Window
About This Home
Prime Burbank 6-Unit Investment Opportunity
Presenting a well-maintained 6-unit multifamily property in a prime Burbank rental location. The property features:
• 6 one-bedroom, one-bathroom units across two separate buildings
• Corner lot at Parish Place and Victory Boulevard
• Copper plumbing throughout
• Recently updated with partial new roof
• Fresh exterior paint
• Remodeled unit interiors
• On-site laundry room with washer and dryer
• New asphalt paving
• Updated electrical sub-breakers Top ranked schools
Excellent location near Burbank amenities including Costco, Burbank Empire Center, major studios, Media Mall, restaurants, Burbank Library, St. Joseph Hospital, and Burbank Airport. Enjoy convenient access to the Chandler bike path, I-5 and 134 freeways, and Burbank Metro Link.
Situated in "the media capital of the world," this property offers strong investment potential in a highly desirable rental market.
Listing Agent
Coldwell Banker Hallmark Brokerage Phone: 818-321-0008 License #01236101 Listed on: 01/13/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955
Lot Details
- 5,565 Sq Ft Lot
- 1 Common Wall
- Corner Lot
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 3,120 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Additional Features
- Exterior Lighting
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Tax Lot 151
- Tax Tract Number 3805
- Assessor Parcel Number 2438024022
- $742 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 6 Units
Amenities
- Laundry Facilities
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,600
- Fuel Expense $1,680
- Gardener Expense $1,200
- Insurance Expense $4,116
- Trash Expense $1,620
- Water Sewer Expense $2,000
- Operating Expense $12,216
- Gross Income $148,080
- Net Operating Income $135,864
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $21,817 | $1,958,553 | $782,901 | $1,175,652 |
| 2024 | $21,817 | $1,920,150 | $767,550 | $1,152,600 |
| 2023 | $21,587 | $1,882,500 | $752,500 | $1,130,000 |
| 2022 | $1,913 | $109,451 | $31,391 | $78,060 |
| 2021 | $1,887 | $107,306 | $30,776 | $76,530 |
| 2019 | $1,833 | $104,125 | $29,864 | $74,261 |
| 2018 | $1,758 | $102,084 | $29,279 | $72,805 |
| 2016 | $1,608 | $98,122 | $28,143 | $69,979 |
| 2015 | $1,586 | $96,649 | $27,721 | $68,928 |
| 2014 | $1,625 | $94,756 | $27,178 | $67,578 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/13/2026 01/13/26 | For Sale | $2,095,000 | +11.3% | $671 / Sq Ft | |
| 09/29/2022 09/29/22 | Sold | $1,882,500 | -4.0% | $603 / Sq Ft | View Prior Sale |
| 09/13/2022 09/13/22 | Pending | -- | -- | -- | |
| 08/19/2022 08/19/22 | For Sale | $1,960,000 | 0.0% | $628 / Sq Ft | |
| 07/11/2022 07/11/22 | Pending | -- | -- | -- | |
| 06/09/2022 06/09/22 | For Sale | $1,960,000 | -- | $628 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD26008843
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Ask me questions while you tour the home.