1700 Grismer Avenue, Burbank, CA 91504

Local realty services provided by:ERA North Orange County Real Estate
#1#2#3
1700 Grismer Avenue,Burbank, CA 91504
$2,599,000
  • - Beds
  • - Baths
  • 3,875 sq. ft.
  • Multi-family
  • Active
Listed by:joyce starleaf
Office:equity union
MLS#:BB25062782
Source:CRMLS

Price summary

  • Price:$2,599,000
  • Price per sq. ft.:$670.71

About this home

Just reduced! Owner will carry the 1st trust deed with 40% down for 4 years. First year to be 5%, second year to be 6%, third year to be 7% and the fourth year to be 8%. Perfect opportunity to obtain this investment and have lower interest rates for the first years to make improvements or additions. This is an incredible value-add opportunity situated in a highly desirable area of Burbank. Boasting a generous 10,603 sq. ft. lot, this property offers significant development potential—possibility to build up to 10 units, subject to verification and approval by the City of Burbank. Buyers are encouraged to conduct their own due diligence with the city to explore the full scope of development options. Currently, the property features six well-maintained residential units, thoughtfully distributed across three separate garden-style buildings. The unit mix includes: Three (3) units with 1 bedroom and 1 bathroom, and Three (3) units with 2 bedrooms and 1 bathroom. Each

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Home facts

  • Year built:1941
  • Listing Id #:BB25062782
  • Added:149 day(s) ago
  • Updated:August 18, 2025 at 10:35 AM

Rooms and interior

  • Living area:3,875 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Roof:Composition
  • Year built:1941
  • Building area:3,875 sq. ft.
  • Lot area:0.24 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,599,000
  • Price per sq. ft.:$670.71
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