$1,795,000

Estimated payment $11,255/month

Total Views 177
5 Beds
4 Baths
4,077 Sq Ft
$440 Price per Sq Ft

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

NATASHA AASADORE

Engel & Völkers Burbank Brokerage Phone: 818-388-5202 License #01366646 Listed on: 11/13/2025

Engel & Völkers Burbank

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 $44,326
  • Net Operating Income $73,253

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Parking

5

Listing Details

  • Professional Management Expense: 6188.00
  • Property Attached: No
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 2485007013
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 440.27

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 4277.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5636.00
  • Lot Size Acres: 0.1294

Multi Family

  • Electric Expense: 1572.00
  • Gross Scheduled Income: 123768.00
  • Insurance Expense: 4020.00
  • Lot Size Area: 5636.0000 Square Feet
  • Net Operating Income: 73253.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 5
  • Operating Expense: 44326.00
  • Rent Control: No
  • Total Expenses: 44326.00

Tax Info

  • Tax Lot: 9
  • Tax Tract Number: 9998
  • TaxOtherAnnualAssessmentAmount: 800.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2025 11/13/25 For Sale $1,795,000 -- $440 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB25260235

California Regional Multiple Listing Service (CRMLS)