Browse All Burbank CA Multi-Family Properties for Sale

18 Beds ⋅ 19 Baths ⋅ 23249235 MLS ⋅ Active Status

561 E Orange Grove Avenue, Burbank

Great investment opportunity on this well maintained four unit property. Each unit is 1BR / 1 Bth. Great opportunity for both first time and experienced investors!

1765 N Hollywood Way, Burbank

$1,299,000

4 Beds ⋅ 3 Baths ⋅ 223000595 MLS ⋅ Active Status

Great investment opportunity to own this Triplex in a prime Burbank location featuring three individual units with private patios. Front single story unit offers one bedroom and bath, living room with vaulted, beamed ceilings and brick fireplace, and kitchen with fridge and gas range. Middle two story unit features two upstairs bedrooms and one bath, living room with fireplace, terracotta tile and beamed ceilings, and kitchen with fridge and gas range. Back, single story detached unit with one bedroom and bath, living room with vaulted, beamed ceilings and fireplace, and kitchen with fridge and gas range. All units with stackable washer/dryer. Covered carport for 3 cars.

419 Riverside Drive, Burbank

$1,250,000

PW23024743 MLS ⋅ Active Status

Great investment opportunity on this well maintained four unit property. Each unit is 1BR / 1 Bth. Great opportunity for both first time and experienced investors!

1773 N Hollywood Way, Burbank

$4,495,000

14 Beds ⋅ 12 Baths ⋅ 23240171 MLS ⋅ Active Status

Huge 250k Price Reduction! Rare 12 Unit building with 8 vacancies in the Prime Burbank area priced at only 374k/door for bungalow style units. Incredible Current Cap Rate of 4.75% and 14.7 GRM after renovations with upside to 5.2% Cap Rate and 13.7 GRM on Proforma. All vacant units are under renovation so the buyer can complete to own taste and finishes and get top market rents. (All the rough construction and heavy lifting have been done). Diverse Unit Mix consisting of 2 (2bed/1bath), 4 (1bed/1bath), 6 (studio/1bath). All units are individually metered for Gas & Electricity. Preliminary plans to add 4 ADUs (2 Attached & 2 Detached) to further improve the numbers to only 280k/door. Non-Rent Controlled Asset allowing 10% annual increases. Prime Burbank location minutes away from media giants such as Warner Bros Studios, Walt Disney Studios, and Burbank Town Center Shopping Mall.

143 N Beachwood Drive, Burbank

$1,250,000

3 Beds ⋅ 4 Baths ⋅ 23238881 MLS ⋅ Active Under Contract Status

First time on market in 60 years in prime Burbank location, adjacent to Toluca Lake and No Ho Arts. Family owned for over 60 years with some deferred maintenance . Close to Studios, fine restaurants with access to sought out Burbank School District makes this a prime rental location. Charming Main House 2+1 has laundry, fireplace & 2 car garage which can possibly become an ADU. Rear covered patio could possibly be used for additional parking. The 3 units behind the house are a mix of: Two 1 +1 with a Studio upstairs. A total of 4 bedrooms. The studio and one of the 1+1 boast high beam wood ceilings. Recent Floor plan shows sqft to be 2319. Buyer to do own due diligence. Seller is participating in a 1031 Exchange at no cost to buyer.

1321 N Screenland Drive, Burbank

$1,725,000

SR23020786 MLS ⋅ Active Status

We are proud to exclusively present the opportunity to acquire this 5-unit apartment investment property, located at 2660 N Frederic St in the city of Burbank. The building was constructed in 1952. The total building rentable space is 3480 sq ft. The unit mix consists of (1) two-bedroom one-bath unit and (4) one-bedroom one-bath units. On a lot size of 5,871 sq ft (0.1348 acres) in BUR4* zone. The units are separately metered for gas and electricity, individual hot water heaters in each unit. The property has 5 parking spaces with assigned individual enclosed single-car garage. The facility offers a community laundry room. Great Value-add opportunity for an operator/owner user or an excellent investment opportunity with an upside in rent. In a prime location of Burbank, near the Burbank Hills by Woodbury University, and within walking distance to the Empire Center, shops, and dining. The property is in close proximity to several major employers like, the Walt Disney Studios, Warner Brothers, Nickelodeon, and the Burbank Studios. As well as a short drive to, IKEA, TESLA, Home Depot, and the Hollywood Burbank Airport. DRIVE BY ONLY! PLEASE DO NOT WALK THE PROPERTY, DO NOT DISTURB RESIDENTS

2660 N Frederic Street, Burbank

$1,150,000

GD23012271 MLS ⋅ Active Under Contract Status

Nestled in the heart of Burbank, this charming 4-unit building offers the perfect investment opportunity. Each unit boasts a spacious one-bedroom layout, complete with ample natural light. The building also features a total of 4 garage spots, providing residents with off-street parking. There is a separate common laundry room for tenants' convenience. Do not miss out on this wonderful opportunity.

412 W Elmwood Avenue, Burbank

$11,250,000

46 Beds ⋅ 48 Baths ⋅ 22221949 MLS ⋅ Active Under Contract Status

PLEASE DO NOT WALK THE PROPERTY OR DISTURB RESIDENTS. CBRE, Inc. is proud to exclusively present 257 E. Valencia Avenue in the city of Burbank, California. Located south of S. Glenoaks Boulevard and north of San Fernando Boulevard, between Alameda Avenue and Providencia Avenue, this property offers an investor the opportunity to own a prime piece of real estate in one of the most prominent submarkets within the Tri-Cities and San Fernando Valley. 257 E. Valencia Avenue is a three-story 24-unit multifamily property constructed in 1993 on a 13,612 SF BUR4 zoned lot, with a total building size of 23,206 SF. The neatly landscaped, controlled-access property is well-maintained, is separately metered for gas and electric, and offers enclosed parking garages with ample storage areas. 257 E. Valencia Ave. is comprised of 8 two-bedroom/ two-bath units, 14 two-bedroom/one and- a-half-bath units, and 2 one-bedroom/one-and-a-half-bath units. The spacious units are equipped with updated laminate and tile flooring, in-unit washer and dryer units, a stove, refrigerator, granite countertops, and centralized air conditioning and heating. The property has large a gated subterranean parking with 44 parking spaces and ample individual patio and balcony spaces for tenants.

257 E Valencia Avenue, Burbank

$2,775,000

BB22234092 MLS ⋅ Active Status

Prime Location! Quality 8-unit building located in the heart of downtown Burbank. Pride of ownership in these well-maintained units that have been in the family for decades. Most units have some or all upgrades, 3 garage parking in front, and carports in the back. The wonderful courtyard allows some of the upstairs units to have balconies and patios with a view of the mountains. Walk to great shopping, restaurants, and Burbank Towncenter. Located 3 blocks from Burbank Police/Fire departments and Burbank Public library. Burbank is known to be the Media Capital and is home to Disney, Warner Bros, Nickelodeon, Netflix, and Burbank Studios, Close to Ikea, Hollywood/Burbank Airport, St. Joseph's Hospital, Hollywood Bowl, and DTLA. Burbank Amenities also include Debell Golf Course, Award-winning parks & recreation, LA Equestrian Center, and Starlight Bowl. The City of Burbank is an incorporated city with its own Police/Fire, Schools and is not under LA city rent control. All tenants are on month-to-month. Unit makeup consists of 2) 1br-1 bath, 5)2br -1 bath and 1) 3br-2 bath. The 3-bedroom unit is renovated and vacant and can be viewed with an appointment.

328 E Tujunga Avenue, Burbank

$1,400,000

4 Beds ⋅ 4 Baths ⋅ 22214125 MLS ⋅ Pending Status

Excellent Investment or Owner/User opportunity! Prime location along Victory Blvd near the heart of Burbank! Cottage style living, each apartment unit has its own unique address and separate front and back doors. Large spacious 9,300 Sq. Ft. corner lot zoned BUR4. The property contains four 1 Bedroom + 1 Bathroom units, the units average over 600 Sq. Ft. each. Property is separately metered for Gas and Electricity, helping keep expenses low. The property is well located near the commercial retail corridors along Magnolia Ave and Burbank Blvd. The Burbank airport is close driving distance as well. DRIVE BY ONLY! DO NOT DISTURB TENANTS!

2013 W Victory Boulevard, Burbank

$3,375,000

8 Beds ⋅ 10 Baths ⋅ 22205121 MLS ⋅ Pending Status

4135 Warner Boulevard, Burbank

$7,950,000

16 Beds ⋅ 24 Baths ⋅ 22191123 MLS ⋅ Pending Status

We are pleased to present this offering of 24 multifamily units between two mirror-image 12 unit properties located at 336-342 East Providencia Avenue in prime Burbank, CA.There is no LA City rent control in Burbank. This property is only subject to California's AB-1482 which has a maximum rent increase of 10% per year.Built in 1988, these two properties sit on a combined 0.40 acre lot, and the 13,950 gross square feet of building is split up into (8) studio units and (16) 1 bed / 1 bath units. The property has a secure and gated entry leading to a shared driveway where there are 24 total parking spots, one spot for each unit. Furthermore, the property offers its tenants a communal laundry room and storage spaces. Because this 24 unit offering is split between two APNs, each containing a 12 unit building, there is no legal requirement to have an on-site manager, saving the buyer from giving away a free unit. Also, the property is separately metered for gas and electric which helps keep the utility bills down.Right now, 18 of the 24 units are eligible to receive the maximum 10% rent increase that is allowed per AB-1482. When the buyer gives these rent increase notices, almost half of the 18% estimated upside potential will be captured right then, making this a very easy value add opportunity. After these rent increases are given, the buyer will be at a 4.5% CAP rate without doing any work to the building.

336 & 342 E Providencia Avenue, Burbank

$5,650,000

25 Beds ⋅ 21 Baths ⋅ 22185943 MLS ⋅ Pending Status

We are pleased to present this 11 unit multifamily property located at 328 East Providencia Avenue in Burbank, CA. This property is not subject to LA City Rent Control. It is only subject to California's AB-1482 which allows maximum annual rent increases of 10%.All 11 units are currently eligible to receive this 10% max rent increase today. Once those rent increases are given, the income will increase by $2,680 per month or $32,162 per year. With this new income in place, the buyer would get the property to a 4.25% CAP rate and a 15.97 GRM without doing any work to the property. The only deferred maintenance that is known on the property is that the roof needs to be fully replaced. Built in 1988, this 12,150 square foot property sits on a 0.20 acre lot, and it boasts an excellent unit mix of (2) 1 bed / 1 bath units, (4) 2 bed / 2 bath units, (4) 3 bed / 2.5 bath units, and (1) 3 bed / 2.5 bath units. These units are very large with the average size being 1,100 square feet. The renovated units are equipped with new wood laminate floors in living room and bedrooms, tile floors in bathrooms, kitchen, dining room and hallways, built in shelving in the master bedrooms, central heating and air for all units, washer/dryer hookups, balconies for all units, and a full suite of new appliances.The building is fully secured with gated entrances to the building and subterranean parking lot. The property is fully parked with enough spaces for all the tenants that live there, and there is a laundry room located in the garage for the communal use of the tenants.The sellers have an attractive loan with Chase Bank that is assumable, and the loan has a better interest rate than you could get in today's loan market. The buyer would be assuming a loan of about $2.8M which is 50% LTV at list price, and the interest rate is 4.10%. The 4.10% interest rate is fixed until January 2027 which is about 4.5 years from now.The property is ideally located within walking distance of Downtown Burbank. Downtown Burbank is a mixed-use urban neighborhood spanning 33-blocks and featuring more than 400 shops, restaurants and businesses. Situated in the heart of entertainment industry, the area is renowned for its dynamic street scene, outdoor dining, and pedestrian orientation. Shopping and dining destinations include Urban Outfitters, IKEA, Barney's Beanery, and Burbank Town Center. AMC movie screens consistently rank in the top five of cinema circuits nationwide.

328 E Providencia Avenue, Burbank

$1,999,999

CV22125915 MLS ⋅ Active Status

Look no further this investment property has 2 units with lots of potential! 2 separated units in the same lot. Beautiful Duplex in the heart of Burbank. Nice neighborhood mixed with Single Homes and Duplexes. 2 Car garage. Hurry this investment property will not last!

155 N Florence Street, Burbank

$1,849,000

7 Beds ⋅ 5 Baths ⋅ 222002121 MLS ⋅ Active Under Contract Status

If you are handy and willing to put in some sweat equity, this could be an investment of a lifetime! Burbank is and will most likely always be one of the highest demand, small self incorporated cities in L.A. EZ freeway access to everywhere, multiple studios within miles, it attracts great demand and dictates high rents. This family owned property needs some TLC and management. Good quiet, yet EZ to access location. Fully rented and 100% occupied, a movement to upgrade the units and rerent at fair market rent would pay back tremendously.

1007 Angeleno Avenue, Burbank

$1,690,000

3 Beds ⋅ 3 Baths ⋅ 22150129 MLS ⋅ Active Status

Great opportunity to own Triplex in Burbank. Great schools, centrally located. A little TLC will go a long way for incremental income. Three units approximately 575 sq ft each. 3 units, all 1 bedroom and 1 bath. one of which is a owners unit. Prime BURBANK Location. Imagine remodel and todays market.

521 S LAKE Street Unit C, Burbank

$2,100,000

SR22068376 MLS ⋅ Pending Status

This great property situated in Burbank is centrally located and it offers 6 units, 4 units offer 2 bedrooms 1 bath, and 2 units offer 1 bedroom a bath, built in 1985, separate laundry room, secured covered parking with storage places.

2309 N Naomi Street, Burbank

$5,700,000

SB21233266 MLS ⋅ Active Status

Back on the market. Accepting offers. Price reduction. Seller is very motivated and any reasonable offers are entertained. Renovated 15 units apartment except 3 units unrenovated which is the value-add potential for higher rents. Please email the listing agent for the Setup Sheet, Rent Roll, & additional photos of renovated units.

241 W Tujunga Avenue, Burbank

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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