Just Listed
Address
324 E Santa Anita Avenue, Burbank, CA
Price
$ 2,850,000
Property Attributes
  • MLS#226004603
  • TypeSingle Family
  • Listing Status Active
  • CountyLOS ANGELES
  • CityBurbank
  • Area610 - Burbank
  • Zip91502
  • StyleApartment
  • Year Built1957
  • Price$ 2,850,000
  • Bedrooms10
  • Full Bathrooms10
  • Half Bathrooms0
  • Sqr Footage6001
  • Lot Size8981 Acres
Data Source:
Conejo Simi Moorpark Association of REALTORS®
Property Description

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.

Price History
9/26/2026 Listed $2,850,000

General Features

Heating Central Furnace
Cooling Central A/C
HOA Fee 0.0
Garage Spaces 8.0
Year Built 1957
Stories Count 2
Levels Two
Property Subtype Apartment
Parcel Number 2453029008
HOA Fee 2 0.0
County Los Angeles
New Construction No
Property Type Residential
HOA No
Attached Garage No
Garage Y/N No
Total Rooms 8
Full Baths 10
Status Active
City Burbank
Entry Location Main Level
Senior Community Y/N No
MLS Area 610 - Burbank
Lot Size Units Square Feet
Lot Size Square Feet 8981.0
Carport Spaces 0.0
Carport Y/N No
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Standard Status Active
MobileHomeRemainsYN No

Interior Features

Flooring Wood/Wood Like
Total Stories 2
Basement (Y/N) No
Heating Y/N Yes
Fireplace Y/N No
Total Bedrooms 10
Entry Level 1
Total Baths 10

Exterior Features

Lot Size Area 8981.0
Spa No
Building Area Total 6001.0
Lot Size Acres 0.21
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 91502

Price
AVG $1.93M
$2.85M
Year Built
AVG 1949
1957

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