$2,799,000

Estimated payment $18,050/month

Total Views 1,982
9 Beds
17 Baths
5,108 Sq Ft
$548 Price per Sq Ft

Highlights

  • Golf Course Community
  • City Lights View
  • Hiking Trails
  • R. L. Stevenson Elementary School Rated A
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

First time on market in nearly 3 decades, a true pride of ownership property. 3 separate buildings, total of 8 units, on site laundry room, dedicated garages and well manicured grounds. Windows have been upgraded to Milgard, all electrical subpanels updated, and in-place income is strong, with a mix of long term tenancy and tenants within the past few years. All of the buildings were painted in 2024, including all walkways. Very stable and strong rental market serving the local studios, entertainment companiess and Burbank's robust workforce making 3311 W Alameda a gem. Please do not enter onto property, DRIVE-BY ONLY. All offers to be accompanied by evidence of funds or prequal. Seller will not carry.

Listing Agent

David Issaians

Keller Williams R. E. Services Brokerage Email: davidi@kw.com License #01792207 Listed on: 07/07/2025

Keller Williams R. E. Services

Co-Listing Agent

Emil Akopian

Keller Williams R. E. Services Brokerage Email: davidi@kw.com License #01449462

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • 8,264 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Fence is in average condition
  • Density is 6-10 Units/Acre

Parking

  • 8 Car Garage

Home Design

  • Bungalow
  • Apartment
  • Raised Foundation
  • Fire Rated Drywall
  • Asphalt Roof

Interior Spaces

  • 5,108 Sq Ft Home
  • 2-Story Property
  • Carpet
  • City Lights Views
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 17 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Standard Electricity
  • Private Sewer

Listing and Financial Details

  • Tax Lot 115
  • Tax Tract Number 10134
  • Assessor Parcel Number 2483018403
  • $981 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 8 Units
  • Foothills

Amenities

  • Laundry Facilities

Recreation

  • Golf Course Community
  • Dog Park
  • Hiking Trails
  • Bike Trail

Building Details

  • 7 Leased Units
  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $960
  • Gardener Expense $3,120
  • Insurance Expense $2,000
  • Other Expense $3,792
  • Water Sewer Expense $3,120
  • New Taxes Expense $32,480
  • Operating Expense $49,528
  • Net Operating Income $153,272

Property Details

Home Type

Multi-Family

Year Built

Built in 1954 | Remodeled

Lot Details

0

Parking

8

Listing Details

  • Price Per Unit: 349875
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved
  • View: Yes
  • Water Sewer Expenses: 3120.00
  • Zoning: BUR4*
  • Architectural Style: Bungalow
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 3120.00
  • Parcel Number: 2483018403
  • Year Built: 1954
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: Alameda
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 547.96

Exterior Features

  • Foundation: Raised
  • View: City Lights
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Private Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Curbs, Dog Park, Foothills, Golf, Hiking, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Lot 6500-9999
  • Lot Size Sq Ft: 8264.00
  • Lot Size Acres: 0.1897

Multi Family

  • Average1 Bed Area: 633 Square Feet
  • Average2 Bed Area: 675 Square Feet
  • Fuel Expense: 960.00
  • Gross Scheduled Income: 202800.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 8264.0000 Square Feet
  • Net Operating Income: 153272.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 8
  • Operating Expense: 49528.00
  • Other Expense: 3792.00
  • Other Expense Description: Refuse
  • Rent Control: Yes
  • Total Actual Rent: 177600.00
  • Total Expenses: 49528.00
  • Vacancy Allowance Rate: 2.00

Tax Info

  • New Taxes Expense: 32480.00
  • Tax Census Tract: 3116.01
  • Tax Lot: 115
  • Tax Tract Number: 10134
  • TaxOtherAnnualAssessmentAmount: 981.00

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 Change Sq Ft Price
07/07/2025 07/07/25 For Sale $2,799,000 -- $548 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD25151418

California Regional Multiple Listing Service (CRMLS)