638 E Tujunga Ave Burbank, CA 91501
Hillside District NeighborhoodEstimated payment $28,700/month
Highlights
- Laundry Room
- Joaquin Miller Elementary School Rated A-
- Rectangular Lot
About This Home
We are proud to represent this 8 unit apartment building in an excellent Burbank rental pocket. The building was constructed in 1989. Its unit mix consists of (8) 2-bedroom, 2.5-bathroom units, (4) of which are loft units. With a lot size of 7,064 square feet, the property has a total of 10,020 rentable square feet. The property is located in Burbank, which is a highly desirable rental market and is known as the media capital of the world. It is home to Disney Studios, Warner Brothers, and NBC. The city has over 80 restaurants, 30 movie screens, and 200 stores; its residents enjoy top ranked schools, easy access to the 5 and 134 freeways, and close proximity to the Burbank Metro Link. The building is a Burbank trophy property. Tenants enjoy mountain views, open floor plans, separate entrances, and storage rooms; units also feature fireplaces, washer and dryer hook ups, central air and heating, and outdoor patios and balconies. The building has a new roof. An astute investor will enjoy the turnkey asset, excellent unit mix, award winning schools, and improving area as rents increase over time.
Listing Agent
Equity Union Brokerage Phone: 818-640-4360 License #00885625 Listed on: 10/21/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1989
Lot Details
- 7,064 Sq Ft Lot
- 1 Common Wall
- Rectangular Lot
Parking
- 16 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 10,020 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 3 Bathrooms
Location
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 2 / 27
- Tax Tract Number 3102
- Assessor Parcel Number 2455010024
- $1,250 per year additional tax assessments
Community Details
Overview
- 8 Units
Building Details
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 8 Separate Water Meters
- Fuel Expense $3,960
- Insurance Expense $7,000
- Trash Expense $2,400
- Water Sewer Expense $4,200
- Operating Expense $79,675
- Gross Income $329,760
- Net Operating Income $240,192
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $49,210 | $4,457,073 | $1,782,829 | $2,674,244 |
| 2024 | $49,210 | $4,369,680 | $1,747,872 | $2,621,808 |
| 2023 | $48,688 | $4,284,000 | $1,713,600 | $2,570,400 |
| 2022 | $46,494 | $4,200,000 | $1,680,000 | $2,520,000 |
| 2021 | $15,398 | $1,298,894 | $384,326 | $914,568 |
| 2019 | $14,801 | $1,260,371 | $372,928 | $887,443 |
| 2018 | $14,600 | $1,235,659 | $365,616 | $870,043 |
| 2016 | $13,751 | $1,187,679 | $351,420 | $836,259 |
| 2015 | $13,484 | $1,169,840 | $346,142 | $823,698 |
| 2014 | $13,446 | $1,146,925 | $339,362 | $807,563 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/13/2025 11/13/25 | For Sale | $4,695,000 | 0.0% | $469 / Sq Ft | |
| 11/07/2025 11/07/25 | Pending | -- | -- | -- | |
| 10/21/2025 10/21/25 | For Sale | $4,695,000 | +11.8% | $469 / Sq Ft | |
| 09/03/2021 09/03/21 | Sold | $4,200,000 | 0.0% | $419 / Sq Ft | View Prior Sale |
| 08/31/2021 08/31/21 | Pending | -- | -- | -- | |
| 08/31/2021 08/31/21 | For Sale | $4,200,000 | -- | $419 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25244037
APN: 2455-010-024
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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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