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324 E Santa Anita Ave , Burbank, CA 91502
$2,850,000
Est. Payment: $15,095.47/mo
0 Bed
0 Bath
6001 Sqft
Status: Active | Days on site: 12
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VCR-CG13890001 - VCR-C159053357,VCR-C159055037
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Chris Heller
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House 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.
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Highlights

Listed by Renee Wilkins-Virella , (805) 657-7374 and Kate Marsh-Pokras , (805) 558-9677 Keller Williams Westlake Village , (805) 777-7777. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale
Lot/Acreage
0.21

Year Built

1957

County

Los Angeles

Area

610 - Burbank

Listing ID

226004193

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features

Lot:No Land Lease
Garage Capacity:0
Zoning:BUR4*
Principal Interest
$15,095
Taxes
$1,817

Home Price

$2,850,000

Loan Details

30 yrs
6.952%

Down Payment

20%
$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:
$15,095.47

Principal

Taxes

Principal Taxes HOA Total
Monthly $15,095.47 $1,816.88 $0.00 $16,912.34
Yearly $181,145.62 $21,802.50 $0.00 $202,948.12
Total $5,434,368.72 $654,075.00 $0.00 $6,088,443.72

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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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: 2026-09-23T10:55:49.000Z

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