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Stacey Alysson Melman

324 E Santa Anita Avenue
Burbank, CA, 91502
$2,850,000
10 Beds
10 Baths
6,001 SqFt
0.21 Acres
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MLS #226004603 image #0
Excellent investment opportunity in a highly desirable Burbank location just south of Glenoaks Blvd. This 8 unit, 6001 sq ft building sits on an 8978 sq ft lot with 2 -two bedroom/1 bathroom units and 6- one bedroom/1 bathroom units. All units have been recently renovated with wood flooring, upgraded bathrooms, and stainless steel appliances. This building offers a compelling opportunity for investors seeking a multifamily asset in one of San Fernando Valley’s strongest rental markets. This property is convenient to shopping, dining, entertainment, major studios, etc. Ideally located near the heart of Burbank, where residents enjoy a walkable neighborhood with everyday conveniences just minutes away. This is ideal for an investor looking for stable income with potential for long term appreciation. The annual gross rental income is $202,284, with a robust cap rate at 5.4%and a GRM of 14.09 Price per unit is $356,250, $475 per sq ft.
AGENT: Renee Wilkins-Virella
LISTING BROKERAGE: Keller Williams Westlake Village
324 E Santa Anita Avenue
Burbank, CA

Property Details

Price:
$2,850,000
MLS #:
226004603
Status:
Active
Beds:
10
Baths:
10
Type:
Single Family
Neighborhood:
610burbank
Listed Date:
Sep 26, 2026
Finished Sq Ft:
6,001
Lot Size:
8,981 sqft / 0.21 acres (approx)
Year Built:
1957
610 – Burbank610burbank
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Schools

Interior

Appliances
Gas Water Heater
Bathrooms
10 Full Bathrooms
Cooling
Central Air
Flooring
Wood
Heating
Central
Levels
Two

Exterior

Covered Spaces
8
Garage Spaces
8
Parking Spots
8
Parking Total
8
Stories
2

Financial

Map

Community

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