324 Santa Anita Avenue, Burbank, CA 91502

Local realty services provided by:ERA Excel Realty
324 Santa Anita Avenue,Burbank, CA 91502
$2,925,000
  • 10 Beds
  • 12 Baths
  • 6,001 sq. ft.
  • Multi-family
  • Active
Listed by: renee wilkins-virella, kate marsh-pokras
Office: keller williams westlake village
MLS#:225005855
Source:CRMLS

Price summary

  • Price:$2,925,000
  • Price per sq. ft.:$487.42

About this home

The E. Santa Anita Ave Residences present a rare value-add opportunity in one of Burbank's most desirable rental corridors, just south of Glenoaks Blvd. This 8-unit, 6,001 sq. ft. building sits on an oversized 8,978 sq. ft. lot and features an efficient mix of two 2BR/1BA units and six 1BR/1BA units. Units have already been modernized with stainless-steel appliances, wood flooring, and upgraded bathroom vanities. Ownership has also completed major system upgrades, including electrical, reducing near-term maintenance exposure for a new investor. Built in 1957, the property is subject to AB 1482, allowing approximately 8% annual rent increases. Eight parking spaces (including tandem), and a rear garage with ADU conversion potential, this asset offers multiple avenues for forced appreciation. This is an exceptional chance to acquire a trophy multifamily asset in a prime, low-vacancy Burbank neighborhood with strong long-term fundamentals. All of the units have been renovated.There are 8

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Home facts

  • Year built:1957
  • Listing ID #:225005855
  • Added:13 day(s) ago
  • Updated:December 19, 2025 at 02:27 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:12
  • Full bathrooms:10
  • Half bathrooms:2
  • Living area:6,001 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Furnace

Structure and exterior

  • Year built:1957
  • Building area:6,001 sq. ft.
  • Lot area:0.21 Acres

Finances and disclosures

  • Price:$2,925,000
  • Price per sq. ft.:$487.42
Based on information from California Regional Multiple Listing Service, Inc. as of December 19, 2025 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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