1544 N Edison Blvd Burbank, CA 91505
Northwest District NeighborhoodEstimated payment $29,019/month
Total Views
117
16
Beds
16
Baths
7,787
Sq Ft
$578
Price per Sq Ft
Highlights
- No HOA
- Laundry Room
- Central Air
- Bret Harte Elementary School Rated A
About This Home
Rare opportunity to acquire an 8-unit, non-rent-controlled multifamily property in prime Burbank, held by the original builder for over 35 years. All units are spacious 2-bedroom, 2-bathroom layouts of approximately 1,000 sq ft, featuring modern finishes such as tile and laminate flooring, central A/C, and mirrored closet doors. Some units offer private balconies. The property includes gated entry, two parking spaces per unit, and a private storage room for each unit in the garage.
Ideally situated near major studios like Warner Bros. and Disney, with easy access to freeways, Metrolink, and Burbank Airport. Tenants enjoy walkable access to shops, restaurants, and top-rated schools within the Burbank Unified School District.
This property is not subject to local rent control. It is governed only by California’s statewide rent cap law (AB 1482), which limits annual rent increases and provides just-cause eviction protections.
Value-add potential includes the ability to increase income by adding in-unit washer and dryers and adjusting rents to market levels. The uniformity of unit layouts, long-term ownership history, and well-maintained condition make this a low-maintenance, easy-to-manage asset, ideal for both seasoned and first-time multifamily investors. With strong rental demand and minimal regulatory restrictions, this property offers immediate cash flow and long-term upside.
Disclaimer: Information herein is deemed reliable but not guaranteed. Buyers are advised to verify all facts and conduct their own due diligence prior to purchase.
Listing Agent
Nest Seekers CA Corp. Brokerage Phone: 818-268-8869 License #02178819 Listed on: 08/25/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1987
Lot Details
- 7,677 Sq Ft Lot
- 1 Common Wall
- Land Lease
Home Design
- Apartment
Interior Spaces
- 7,787 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 16 Bedrooms
- 16 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Additional Features
- Exterior Lighting
- Urban Location
- Central Air
Listing and Financial Details
- Tax Lot 99
- Tax Tract Number 8077
- Assessor Parcel Number 2436019024
- $1,138 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 8 Units
Additional Features
- Laundry Facilities
- 8 Separate Electric Meters
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2025 08/25/25 | For Sale | $4,500,000 | 0.0% | $578 / Sq Ft |
| 08/17/2023 08/17/23 | Price Changed | $2,500 | -7.4% | $3 / Sq Ft |
| 08/08/2023 08/08/23 | For Rent | $2,700 | 0.0% | -- |
| 06/22/2023 06/22/23 | Price Changed | $2,700 | -3.6% | $3 / Sq Ft |
| 06/21/2023 06/21/23 | For Rent | $2,800 | 0.0% | -- |
| 05/19/2023 05/19/23 | Price Changed | $2,800 | -3.4% | $3 / Sq Ft |
| 05/06/2023 05/06/23 | Price Changed | $2,900 | +16.0% | $3 / Sq Ft |
| 04/27/2023 04/27/23 | For Rent | $2,500 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25176652
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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