$10,150,000

Estimated payment $65,404/month

Total Views 1,359
29 Beds
34 Baths
20,768 Sq Ft
$489 Price per Sq Ft

Highlights

  • 0.43 Acre Lot
  • Vaulted Ceiling
  • 2-minute walk to Joaquin Miller Park
  • Joaquin Miller Elementary School Rated A-
  • Recessed Lighting

About This Home

With a prime corner lot location north of Glenoaks Boulevard, the property offers residents a home in the picturesque foothills of the Verdugo Mountains with Downtown Burbank and the Burbank Town Center shopping mall just blocks away. Buildings of this size and in this location are rarely available for sale, with fewer than one such property transacting per year over the past two decades (Source: CoStar COMPS). Due to the fact that the property is subject only to Burbank's local rent ordinance, a new owner may be able to recapture the rent upside and keep pace with improving rent growth via higher allowable rent increases, when compared with other assets subject to Los Angeles rent control. At the same time, deferred maintenance costs are dramatically reduced as the property has been thoroughly upgraded and well maintained in recent years. Seismic retrofit repairs were completed in January 2026, while a new roof was added, new windows were installed, and plumbing was replaced in 2018/2019. Tenants are easily attracted to the building's impressive amenities package, which includes central air/heat, recessed lighting, vaulted ceilings, quartz countertops, stainless steel appliances, and new vinyl windows. Dubbed the "Media Capital of the World," the city of Burbank is home to a vast contingent of entertainment employers, which allows tenants convenient commutes to studios. Notable media production campuses in and around Burbank include Disney Studios, Walt Disney Imagineering, Warner Bros. Studios, Universal Studios, Nickelodeon Studios, Cartoon Network, and Dreamworks Animation. In addition to the Burbank Town Center Shopping Mall, several other retail and dining destinations are conveniently accessible to tenants, including the Empire Center, Costco, Ikea, and the Americana at Brand lifestyle center.

Listing Agent

Rick Raymundo

Marcus & Millichap License #01357019 Listed on: 06/01/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 18,731 Sq Ft Lot

Interior Spaces

  • 20,768 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Recessed Lighting

Bedrooms and Bathrooms

  • 29 Bedrooms
  • 34 Bathrooms

Parking

  • 26 Parking Spaces
  • Assigned Parking

Community Details

  • 34 Units

Listing and Financial Details

  • Assessor Parcel Number 5621-020-013

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0.43 Acres

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 20768
  • Lot Acreage: 0.4281
  • Stories: 2
  • Year Built: 1958
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 29
  • Total Bathrooms: 34.00
  • Price Per S Q F T: 488.73

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 26

Lot Info

  • Assessed Improvement Percent: 40.00
  • Assessed Improvement Value: 4526283
  • Assessed Land Percent: 60
  • Assessed Land Value: 6789424
  • Total Assessed Value: 11315707
  • Assessor Parcel Number: 5621-020-013
  • Lot Size Area: 18731

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 11.35
  • Number Of Units: 34
  • Type Of Units: Residential

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 $128,242 $11,315,707 $6,789,424 $4,526,283
2024 $124,194 $11,093,832 $6,656,299 $4,437,533
2023 $123,181 $10,876,307 $6,525,784 $4,350,523
2022 $117,613 $10,663,047 $6,397,828 $4,265,219
2021 $116,810 $10,453,969 $6,272,381 $4,181,588
2019 $112,074 $10,143,900 $6,086,340 $4,057,560
2018 $111,404 $9,945,000 $5,967,000 $3,978,000
2016 $75,985 $6,802,175 $2,720,870 $4,081,305
2015 $56,200 $5,016,492 $2,006,597 $3,009,895
2014 -- $792,162 $107,829 $684,333
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
06/01/2026 06/01/26 For Sale $10,150,000 0.0% $489 / Sq Ft
03/05/2025 03/05/25 Off Market $2,095 -- --
02/27/2025 02/27/25 Price Changed $2,095 +5.0% $3 / Sq Ft
02/22/2025 02/22/25 Price Changed $1,995 -4.8% $3 / Sq Ft
02/05/2025 02/05/25 For Rent $2,095 0.0% --
01/30/2025 01/30/25 Price Changed $2,095 -6.9% $3 / Sq Ft
01/24/2025 01/24/25 Price Changed $2,250 -- $4 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 26839671

The MLS
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