136 N Pass Ave Burbank, CA 91505
Media District NeighborhoodEstimated payment $10,278/month
About This Home
136–138 N Pass Avenue presents an excellent opportunity to acquire a well-located five-unit multifamily property in the heart of Burbank. This two-story building totals approximately 4,077 square feet and sits on a 5,663 square foot lot. The property offers a desirable unit mix and on-site parking, providing both stable income and potential upside in one of the most in-demand rental markets in Los Angeles County. Perfect for investors seeking consistent cash flow. • Excellent Burbank location near major studios and employment hubs
• Five-unit property in a supply-constrained market
• Strong rental demand and historically low vacancy rates
• Upside potential in rents with future improvements
• Quiet, residential neighborhood close to schools, shopping, and transit
• Minutes from Warner Bros., Disney, NBC Studios, and Downtown Burbank
• Easy access to the 101, 134, and 5 Freeways Centrally located just north of West Olive Avenue, this property enjoys proximity to Burbank’s thriving media district and a wide range of retail and dining options. With its convenient access to major freeways and transit routes, 136–138 N Pass Avenue offers tenants an ideal blend of neighborhood charm and commuter accessibility. Burbank remains one of Southern California’s most desirable multifamily investment markets, supported by its strong employment base and limited housing supply.
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Listing Agent
Engel & Völkers Burbank Brokerage Phone: 818-388-5202 License #01366646 Listed on: 11/13/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1941
Lot Details
- 5,636 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 5 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 4,077 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Location
- Suburban Location
Listing and Financial Details
- Tax Lot 9
- Tax Tract Number 9998
- Assessor Parcel Number 2485007013
- $800 per year additional tax assessments
Community Details
Overview
- 5 Units
Building Details
- 6 Separate Electric Meters
- 5 Separate Gas Meters
- 5 Separate Water Meters
- Electric Expense $1,572
- Insurance Expense $4,020
- Professional Management Expense $6,188
- Trash Expense $4,277
- Operating Expense $41,699
- Net Operating Income $82,036
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/05/2026 02/05/26 | Price Changed | $1,675,000 | -6.7% | $411 / Sq Ft |
| 11/13/2025 11/13/25 | For Sale | $1,795,000 | -- | $440 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB25260235
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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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