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 $176,748, with a robust cap rate at just under 5%, and a GRM of 16.12. Price per unit is $356,250, $475 per sq ft.
- Listing Status: Active
- Listing Agent: Renee Wilkins-Virella
(lic# 02188375)
of Conejo
- Listing Office: Keller Williams Westlake Village
(lic# 01523573)
- CO-Listing Agent: Kate Marsh-Pokras
(lic# 02222283)
of Conejo
- CO-Listing Office: Keller Williams Westlake Village
(lic# 01523573)
-
Based on information from CRISNet MLS as of 27th September 2026 at 1:16pm. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
