Prime Burbank 6-Unit Multifamily | Strong Rental Upside | 5.7% Pro Forma Cap
Located in the highly desirable City of Burbank "” subject to AB 1482 with higher allowable annual rental increases than the City of Los Angeles "” this pride-of-ownership six-unit multifamily property presents an exceptional value-add investment opportunity with approximately 18%+ rental upside.
The property consists of six spacious 2-bedroom, 1-bath units, each featuring bright living rooms, well-sized kitchens with dining areas, generous bedrooms, and ample closet space. The building has been well maintained and includes a newer roof, partial copper plumbing, six covered parking spaces, and an on-site laundry room with owned machines. The property is separately metered for gas and electricity.
Ideally situated less than one mile from Downtown Burbank, tenants enjoy convenient access to shopping, dining, cafés, entertainment, and the Burbank Town Center. The property is also in close proximity to major employment hubs including Walt Disney Studios, Warner Bros., and the city's thriving media and technology sector, as well as award-winning Burbank schools.
Commuters benefit from excellent freeway access to the 5, 134, and 2, providing direct connectivity to Glendale, Pasadena, Eagle Rock, Downtown Los Angeles, and the San Fernando Valley.
This offering represents a rare opportunity to acquire a stable, well-located multifamily asset in one of Los Angeles County's most resilient and supply-constrained rental markets.
Financial Highlights (Based on New Tax Basis):
"¢ 4.9% Cap Rate | 14.79 GRM at Current Rents
"¢ 5.7% Pro Forma Cap Rate | 13.0 Pro Forma GRM
|
Prior to Jan 16, '26
|
$2,485,000
|
|
Jan 16, '26 - Feb 10, '26 |
$2,495,000
|
| Feb 10, '26 - Today |
$2,395,000 |
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Listed with Trinity Real Estate & Investme
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/30/26 6:23 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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