2310 Washington Cir Burbank, CA 91504
Hillside District NeighborhoodEstimated payment $13,605/month
Highlights
- Traditional Architecture
- No HOA
- Cooling System Mounted To A Wall/Window
- George Washington Elementary Rated A-
- 3 Car Direct Access Garage
- Laundry Room
About This Home
Exceptional Investment Opportunity in Prime Burbank! Introducing a chance to own a 7-unit apartment building, NEWLY ROOFED in 2024 with a copper re-pipe in 2015, ideally situated in the bustling heart of Burbank, California. With 7,373 square feet of living space sprawled over a 10,764 square-foot lot, this two-story gem offers both location and potential, making it a must-see for savvy investors. Centrally located just minutes from the vibrant Burbank Empire Center, it provides tenants easy access to a wide range of shopping and dining options. The building comprises five spacious two-bedroom, one-bath units, and two generous three-bedroom, two-bath units. Parking includes three garage spaces and six carports, each with additional storage. A community laundry room with coin-operated machines adds tenant convenience and generates an additional income stream. With its potential for reorganization, this property offers significant upside income opportunities, perfect for those looking to expand their investment portfolio in a high-demand rental market. Don’t miss your chance to invest in this highly sought-after area.
Listing Agent
RE/MAX Galaxy Brokerage Phone: 626-255-9123 License #01041875 Listed on: 04/01/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965 | Remodeled
Lot Details
- 10,764 Sq Ft Lot
- Two or More Common Walls
- Block Wall Fence
Parking
- 3 Car Direct Access Garage
- 6 Attached Carport Spaces
- Parking Available
- Side Facing Garage
- Two Garage Doors
- Assigned Parking
Home Design
- Traditional Architecture
- Property Attached
- Entry on the 1st floor
- Cosmetic Repairs Needed
- Slab Foundation
Interior Spaces
- 7,373 Sq Ft Home
- 2-Story Property
- Free-Standing Range
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Wall Furnace
Listing and Financial Details
- Legal Lot and Block 48 / 2
- Tax Tract Number 8619
- Assessor Parcel Number 2473025009
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 7 Units
Amenities
- Laundry Facilities
Building Details
- 7 Leased Units
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $3,232
- Fuel Expense $1,000
- Insurance Expense $16,667
- Maintenance Expense $4,509
- Pest Control $400
- Professional Management Expense $10,800
- Trash Expense $1,000
- Water Sewer Expense $2,000
- New Taxes Expense $30,000
- Operating Expense $63,040
- Gross Income $178,956
- Net Operating Income $107,058
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2025 08/30/25 | For Sale | $2,150,000 | 0.0% | $292 / Sq Ft |
| 08/29/2025 08/29/25 | Off Market | $2,150,000 | -- | -- |
| 05/08/2025 05/08/25 | For Sale | $2,150,000 | 0.0% | $292 / Sq Ft |
| 05/05/2025 05/05/25 | Off Market | $2,150,000 | -- | -- |
| 04/25/2025 04/25/25 | Price Changed | $2,150,000 | -4.4% | $292 / Sq Ft |
| 04/01/2025 04/01/25 | For Sale | $2,250,000 | 0.0% | $305 / Sq Ft |
| 03/23/2025 03/23/25 | Rented | $2,100 | 0.0% | -- |
| 03/11/2025 03/11/25 | Under Contract | -- | -- | -- |
| 02/03/2025 02/03/25 | Price Changed | $2,100 | -4.5% | $3 / Sq Ft |
| 01/12/2025 01/12/25 | For Rent | $2,200 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR25069151
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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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