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1819 W Alameda Ave , Burbank, CA 91506
$7,850,000
Est. Payment: $39,499.96/mo
4 Bed
3 Bath
19358 Sqft
Status: active | Days on site: 8
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Chris Heller
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House Description

1819 W. Alameda Ave is offered at a 6.20% cap rate and comprises 20 units in Burbank's Rancho Adjacent neighborhood, near the center of the city between Verdugo and Alameda Avenues. The unit mix includes 16 two-bedroom/two-bathroom units and 4 two-bedroom/one-bathroom units, 11 of which have already been remodeled giving new ownership a clear value-add roadmap: renovate the remaining nine units to bring them to market rent and capture the property's approximately 15% loss to lease by filling existing vacancies. Additional upside exists in monetizing the property's 40 parking spaces, which currently sit unrented.
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Highlights

Listed by Douglas Steinriede , 818-843-5200 Dover Management Corp. , 818-843-5200. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.37

Year Built

1986

County

Los Angeles

Area

610 - Burbank

Listing ID

26865431

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:0
Appliances:Refrigerator, Dryer, Washer
Other:Ceiling Fan(s)

Exterior Features

Lot:No Land Lease
Garage Capacity:40
Zoning:BUR4*
Others:2+ Total Units
Parking Features:Underground
Principal Interest
$39,500
Taxes
$5,004

Home Price

$7,850,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$1,570,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$39,499.96

Principal

Taxes

Principal Taxes HOA Total
Monthly $39,499.96 $5,004.38 $0.00 $44,504.33
Yearly $473,999.51 $60,052.50 $0.00 $534,052.01
Total $14,219,985.23 $1,801,575.00 $0.00 $16,021,560.23

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Burbank, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T22:36:24.000Z

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