324 E Santa Anita Avenue, Burbank, CA 91502

Burbank
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
324 E Santa Anita Avenue,Burbank, CA 91502
$2,850,000
  • 10 Beds
  • 10 Baths
  • 6,001 sq. ft.
  • Single family
  • Active
Listed by: renee wilkins-virella, kate marsh-pokras
Office: keller williams westlake village805-777-7777
MLS#:226004603
Source:CRMLS

Price summary

  • Price:$2,850,000
  • Price per sq. ft.:$474.92

About this home

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 $202,284, with a robust cap rate at 5.4%and a GRM of 14.09 Price per unit is $356,250, $475 per sq ft.

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Home facts

  • Year built:1957
  • Listing ID #:226004603
  • Added:1 day(s) ago
  • Updated:September 27, 2026 at 03:37 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:10
  • Full bathrooms:10
  • Flooring:Wood
  • Living area:6,001 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1957
  • Building area:6,001 sq. ft.
  • Lot area:0.21 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$2,850,000
  • Price per sq. ft.:$474.92

Features and amenities

  • Amenities:Gas Water Heater

Parking

  • Total parking spaces:8
  • Garage:Yes
  • Garage spaces:8
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