140 N Pass Avenue, Burbank, CA 91505
Local realty services provided by:ERA Excel Realty
140 N Pass Avenue,Burbank, CA 91505
$2,100,000
- 6 Beds
- 5 Baths
- 4,077 sq. ft.
- Multi-family
- Active
Listed by: somboon nakorn
Office: keller williams glendale
MLS#:25555629
Source:CRMLS
Price summary
- Price:$2,100,000
- Price per sq. ft.:$515.08
About this home
Sellers will carry the 1st loan with an acceptable down payment, and offer the interest rate at 5.00% fixed for the first 5 years. The buyer's potential has a positive cash flow with interest payment only. This will be a great Investment Opportunity in the Heart of Burbank. This well-maintained 5-unit property features a desirable front owner's unit and a two-story rear building with four additional rental units. Amenities include five garage parking spaces, one uncovered parking spot, and an on-site laundry room, ideal for both tenant convenience and additional income potential. Perfectly located near Warner Bros. and NBC Studios, and just 15 minutes from Universal Studios. The front unit is owner-occupied; it will be vacant at closing. The property underwent extensive renovations in 2022 and 2023, including a new roof on units and garages and new dual-pane windows in most units (except one). The current leases remain in place through March 31, 2026. The owner unit's rent can be set at the market rent, subject to California's rent control guidelines. The new owner can increase revenue through separate charges for garage parking and storage. Potential to increase the cap rate higher than 4.51% and have a potential Value Add by building a new ADU above the current garage or converting it to an ADU. The building has minimal maintenance....
Contact an agent
Home facts
- Year built:1941
- Listing ID #:25555629
- Added:284 day(s) ago
- Updated:March 28, 2026 at 01:11 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:5
- Flooring:Laminate
- Kitchen Description:Gas Range, Refrigerator
- Living area:4,077 sq. ft.
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Roof:Composition, Shingle
- Year built:1941
- Building area:4,077 sq. ft.
- Lot area:0.13 Acres
- Lot Features:Rectangular Lot
- Construction Materials:Stucco
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Sewer Tap Paid
Finances and disclosures
- Price:$2,100,000
- Price per sq. ft.:$515.08
Features and amenities
- Appliances:Disposal, Gas Range, Refrigerator
- Laundry features:Common Area, Stacked
- Amenities:Carbon Monoxide Detectors, Crown Molding, Smoke Detectors
Parking
- Total parking spaces:6
- Parking description:Door Multi, Door Single, Garage, On Street, One Space
- Garage:Yes
- Garage spaces:5
New listings near 140 N Pass Avenue
- New
$799,000Active3 beds 3 baths1,371 sq. ft.1711 Grismer Avenue #52, Burbank, CA 91504
MLS# SW26070598Listed by: AVM REAL ESTATE SERVICES - New
$699,999Active2 beds 3 baths1,088 sq. ft.1902 Victory, Burbank, CA 91506
MLS# SR26069848Listed by: FIRST CLASS REAL ESTATE - New
$1,225,000Active4 beds 3 baths1212 W Victory Boulevard, Burbank, CA 91506
MLS# BB26067276Listed by: KELLER WILLIAMS REAL ESTATE SERVICES - Open Sat, 1 to 4pmNew
$1,149,900Active3 beds 1 baths1,192 sq. ft.2904 W Chandler, Burbank, CA 91505
MLS# GD26065625Listed by: KELLER WILLIAMS R. E. SERVICES - Coming SoonOpen Sat, 1 to 4pm
$1,350,000Coming Soon3 beds 2 baths336 W Linden Avenue, Burbank, CA 91506
MLS# BB26055161Listed by: DOUGLAS ELLIMAN OF CALIFORNIA, INC. - New
$1,299,000Active4 beds 3 baths167 W Ash, Burbank, CA 91502
MLS# TR26067199Listed by: HOMESMART, EVERGREEN REALTY - Coming Soon
$1,299,992Coming Soon4 beds 2 baths836 N Parish Place, Burbank, CA 91506
MLS# BB26059208Listed by: BRAD KORB REAL ESTATE GROUP - New
$865,000Active2 beds 3 baths1,343 sq. ft.423 E Providencia, Burbank, CA 91501
MLS# SR26067572Listed by: ASHLEY TIZABI - New
$950,000Active3 beds 1 baths1,132 sq. ft.2321 N Naomi Street, Burbank, CA 91504
MLS# BB26067321Listed by: EMPOWER REAL ESTATE - New
$849,999Active2 beds 1 baths774 sq. ft.1832 N Brighton, Burbank, CA 91506
MLS# RS26066353Listed by: THE LIVINGSTON GROUP INC