“Villa Bonita Condominiums” are a pride of ownership, turnkey, two story over parking, 10-unit condominium building. Constructed in 2009 with a flat, rolled composition shingled roof, some pitched concrete tile shingles, and a concrete pier foundation. The “Villa Bonita Condominiums” are 10 individually parceled condominiums that are currently rented to individual tenants. With 10 separate tax ID’s, a new owner can either continue to operate the project in its current form or sell the individual units as condos in the future. Operating as 1101 East Avenue Association, these fully completed condominium units are all owned by the current owner and rented individually. Seller to provide all HOA, CC&R, Bylaws, Certification of completion, White-Slip Condo docs and any other pertinent recorded documents. Buyer to perform its own investigations during the contingency period and make independent verifications and approvals. Amenities: Luxury units, built as condominiums. High end finishes and stainless-steel appliances, including dishwashers. Granite counters, laminate flooring in common areas, carpeted bedrooms. All units have a patio or balcony; gas fireplace; and washer dryers in the unit. Additionally, all units are equipped with individual tankless-water heaters. Tenants enjoy gated entrance and parking. There is a wheelchair lift from the parking garage to the first floor. Rent Control: As of early 2026, the City of Burbank does not have traditional rent control but operates under state law (AB 1482) and local “soft cap” ordinances.
AGENT: KEVIN LUTZ LISTING BROKERAGE: Keller Williams Realty/Pasadena
Courtesy of Keller Williams Realty/Pasadena. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1101 East AV
Burbank, CA
Property Details
Price:
$7,500,000
MLS #:
WS26102173
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Condominium
Neighborhood:
610burbank
Listed Date:
May 14, 2026
Total Sq Ft:
15,535
Lot Size:
17,905 sqft / 0.41 acres (approx)
Year Built:
2009
610 – Burbank610burbank
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Schools
Interior
Appliances
DW, TW
Cooling
CA
Flooring
LAM, CARP
Heating
CF
Laundry Features
IN
Levels
U
Exterior
Common Walls
_2CW
Community Features
CRB
Garage Spaces
23
Parking Spots
23
Parking Total
23
Spa Features
NO
Financial
Gross Operating Income
$466,488
Maintenance Fee
$24,046
Net Operating Income
$304,918
Map
Community
- Address1101 East AV Burbank CA
- CityBurbank
- CountyLos Angeles
- Zip Code91504
