1814 Grismer Avenue, Burbank, CA 91504
Local realty services provided by:ERA North Orange County Real Estate
1814 Grismer Avenue,Burbank, CA 91504
$4,675,000
- 14 Beds
- 16 Baths
- 9,906 sq. ft.
- Multi-family
- Active
Listed by: roderick 'rick' raymundo
Office: marcus & millichap818-212-2700
MLS#:26107770
Source:CRMLS
Price summary
- Price:$4,675,000
- Price per sq. ft.:$471.94
About this home
Due to the fact that the property is subject only to Burbank's local rent ordinance, a new owner may be able to recapture the rent upside and keep pace with improving rent growth via higher allowable rent increases, when compared with other assets subject to Los Angeles rent control. The property features copper plumbing throughout most of the building, while the majority of units have been upgraded with new granite countertops, dual-pane windows, wood laminate flooring, and new AC units. The on-site laundry facilities are owned by the landlord, allowing for a more substantial supplemental revenue stream. Situated within a mile of both the Burbank Town Center and the Empire Center, this property grants tenants convenient access to numerous major national retailers and an extensive slate of entertainment and dining options. Stores such as Costco, Target, Walmart, Nordstrom Rack, Macy's, Cost Plus World Market, and Best Buy provide local residents a wide array of local shopping choices. Dubbed the "Media Capital of the World," the city of Burbank is home to a vast contingent of entertainment employers, which allows tenants convenient commutes to studios. Notable media production campuses in and around Burbank include Disney Studios, Walt Disney Imagineering, Warner Bros. Studios, Universal Studios, Nickelodeon Studios, Cartoon Network, and Dreamworks Animation....
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Home facts
- Year built:1961
- Listing ID #:26107770
- Added:1 day(s) ago
- Updated:November 12, 2026 at 02:42 AM
Rooms and interior
- Bedrooms:14
- Total bathrooms:16
- Living area:9,906 sq. ft.
Structure and exterior
- Year built:1961
- Building area:9,906 sq. ft.
- Lot area:0.23 Acres
- Levels:Multi Split
Finances and disclosures
- Price:$4,675,000
- Price per sq. ft.:$471.94
Parking
- Parking description:Assigned
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