$1,699,000

Estimated payment $10,692/month

Total Views 3,225
7 Beds
5 Baths
3,140 Sq Ft
$541 Price per Sq Ft

Highlights

  • Park or Greenbelt View
  • Lawn
  • Cooling System Mounted To A Wall/Window
  • Hutchens Elementary School Rated 10
  • No HOA
  • Living Room

About This Home

Well-maintained 5-unit multifamily investment opportunity in a desirable Burbank rental corridor offering strong in-place income, attractive unit mix, and future upside potential. The property features a highly desirable mix of three 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one studio, providing broad tenant appeal and consistent occupancy. Current ownership has completed significant capital improvements, including a soft-story seismic retrofit and reroofing of the building, helping reduce future capital expenditure concerns for the next owner. Several units have also been substantially renovated during current ownership. Additional features include individually metered gas and electric, one assigned parking space per unit, on-site laundry facilities, and a manageable five-unit footprint ideal for both private investors and 1031 exchange buyers. Conveniently located near major employment centers, transportation corridors, shopping, dining, and entertainment, this is an opportunity to acquire a stabilized Southern California asset with dependable cash flow and meaningful long-term rental upside in one of the region's most sought-after rental markets.

Listing Agent

Mary Baldry

Century 21 Village Realty Brokerage Phone: 626-344-6410 License #01927691 Listed on: 07/06/2026

Century 21 Village Realty

Co-Listing Agent

Nicholas Baldry

Century 21 Village Realty Brokerage Phone: 626-344-6410 License #01958991

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • 5,675 Sq Ft Lot
  • West Facing Home
  • Block Wall Fence
  • Lawn
  • Front Yard

Home Design

  • Entry on the 1st floor
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,140 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Park or Greenbelt Views

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Open Parking Space
  • 5 Parking Spaces
  • 4 Carport Spaces
  • Parking Available
  • Driveway
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 136
  • Tax Tract Number 9666
  • Assessor Parcel Number 2480018029
  • $801 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities

Recreation

  • Park

Building Details

  • 5 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

5,675 Sq Ft Lot

Listing Details

  • CapRate: 4.86
  • Inclusions: Stoves, washer, dryer, window AC units
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1391.00
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Gardener Expense: 938.00
  • Parcel Number: 2480018029
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 541.08
  • Room Type: Laundry, Kitchen, Living Room

Exterior Features

  • Direction Faces: West
  • Foundation: Raised, Slab
  • View: Park/Greenbelt
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Driveway
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Water Available, Natural Gas Available, Sewer Connected, Electricity Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Tankless Water Heater, Range Hood, Gas Range, Gas Oven
  • Heating Type: Wall Furnace
  • Laundry Features: Community, Washer Included, Dryer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Storm Drains, Sidewalks, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn
  • Lot Size Sq Ft: 5675.00
  • Lot Size Acres: 0.1303
  • Latitude Manual: 34.16312400

Rental Info

  • Tenant Pays: Gas, Trash Collection, Electricity

Multi Family

  • Electric Expense: 434.00
  • Fuel Expense: 329.00
  • Gross Income: 125220.00
  • Gross Multiplier: 13.57
  • Gross Scheduled Income: 125220.00
  • Insurance Expense: 10081.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 600.00
  • Lot Size Area: 5675.0000 Square Feet
  • Maintenance Expense: 6073.00
  • Maintenance Percent: 5.00
  • Net Operating Income: 88197.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Number With Disposal: 5
  • Number With Range: 5
  • Operating Expense: 38870.00
  • Rent Control: Yes
  • Total Actual Rent: 10385.00
  • Total Expenses: 38870.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 19624.00
  • Tax Lot: 136
  • Tax Tract Number: 9666
  • TaxOtherAnnualAssessmentAmount: 801.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $20,095 $1,741,441 $1,041,044 $700,397
2024 $19,481 $1,707,296 $1,020,632 $686,664
2023 $19,277 $1,673,820 $1,000,620 $673,200
2022 $18,418 $1,641,000 $981,000 $660,000
2021 $2,858 $195,887 $45,472 $150,415
2020 $2,841 $193,879 $45,006 $148,873
2019 $2,776 $190,078 $44,124 $145,954
2018 $2,683 $186,352 $43,259 $143,093
2016 $2,488 $179,118 $41,580 $137,538
2015 $2,448 $176,429 $40,956 $135,473
2014 $2,476 $172,974 $40,154 $132,820
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2026 07/06/26 For Sale $1,699,000 +3.5% $541 / Sq Ft
07/19/2021 07/19/21 Sold $1,641,000 +2.6% $521 / Sq Ft View Prior Sale
05/31/2021 05/31/21 Pending -- -- --
04/20/2021 04/20/21 Price Changed $1,599,000 -3.0% $508 / Sq Ft
03/17/2021 03/17/21 Price Changed $1,649,000 -2.9% $523 / Sq Ft
01/25/2021 01/25/21 Price Changed $1,699,000 -2.3% $539 / Sq Ft
11/02/2020 11/02/20 For Sale $1,739,000 -- $552 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR26146021

California Regional Multiple Listing Service (CRMLS)
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