1608 Grismer Ave Burbank, CA 91504
Hillside District NeighborhoodEstimated payment $18,317/month
Total Views
4,875
16
Beds
8
Baths
6,800
Sq Ft
$418
Price per Sq Ft
Highlights
- No HOA
- Park
- 5-minute walk to Earthwalk Park
- Thomas Jefferson Elementary School Rated A
- Laundry Room
About This Home
The Grismer Apartments is located in Burbank, one of the most sought-after cities in Los Angeles County. The building is just minutes away from the shopping and eateries located at the Empire Center and Downtown Burbank. The City of Burbank offers not only a quiet corner to call home but also some of the most major production studios in the entertainment industry! It is also ideally centered near a few major freeways, making it a short distance to cities like Glendale, Toluca Lake and Sherman Oaks. The apartment complex has 8 units in total and features an excellent unit mix. The property consists of all 2 bedroom 1 bathroom units. The property has been so well maintained and has lots of curb appeal. The location incorporates the perfect balance between the coziness of the City of Burbank and the liveliness of being minutes away from hot spots throughout Los Angeles. This premier property is a unique opportunity for an investor looking to expand their portfolio into one of the leading neighborhoods in Los Angeles County!
Listing Agent
Baboudjian Properties Inc. Brokerage Phone: 626-657-7575 License #01372116 Listed on: 05/20/2025
Property Details
Home Type
- Apartment
Year Built
- Built in 1944
Lot Details
- 0.32 Acre Lot
- No Common Walls
- Density is 6-10 Units/Acre
Interior Spaces
- 6,800 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 16 Bedrooms
- 8 Bathrooms
Parking
- 2 Open Parking Spaces
- 8 Parking Spaces
- 6 Carport Spaces
- Parking Available
- Assigned Parking
Listing and Financial Details
- Tax Lot 7
- Tax Tract Number 3097
- Assessor Parcel Number 2468007012
Community Details
Overview
- No Home Owners Association
- 8 Units
Amenities
- Laundry Facilities
Recreation
- Park
Building Details
- 8 Leased Units
- Rent Control
- 9 Separate Electric Meters
- 9 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $342
- Fuel Expense $332
- Gardener Expense $1,440
- Insurance Expense $8,600
- Maintenance Expense $6,250
- Trash Expense $4,068
- Water Sewer Expense $3,610
- New Taxes Expense $31,010
- Operating Expense $55,652
- Gross Income $220,800
- Net Operating Income $165,148
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 |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | Price Changed | $2,845,000 | -5.0% | $418 / Sq Ft |
| 05/20/2025 05/20/25 | For Sale | $2,995,000 | -- | $440 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Similar Homes in Burbank, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD25112025
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