324 E Santa Anita Avenue, Burbank, CA — listing photo 1
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FOR SALENew Listing

324 E Santa Anita Avenue

Burbank, CA 91502
10 Beds
10 Baths
6,001 Sq Ft
Built 1957
$2,850,000

Property Overview

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.

Home Details

Property type
Residential
Year built
1957
Living area
6,001 sq ft
Lot size
8,981 sq ft
Parking
8 spaces
Garage
8 spaces
Stories
2
Days on market
1
Full bathrooms
10
MLS status
Active
Zoning
BUR4*

Features & Amenities

Appliances

  • Gas Water Heater

Community, Schools & Utilities

Utilities

Heating
Central
Cooling
CentralAir
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Location & Neighborhood

324 E Santa Anita Avenue

Burbank, CA 91502

Frequently Asked Questions About 324 E Santa Anita Avenue

Property type: Residential

The current asking price is $2,850,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 324 E Santa Anita Avenue. Our team will confirm availability and timing.
This 10 bedrooms and 10 bathrooms property offers approximately 6,001 square feet of living space. It was built in 1957. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Burbank, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Burbank property.
The MLS currently reports the property as Active. It has been listed for 1 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Reza Barghlameno

eXp of California

Listing Agent

Name: Renee Wilkins-Virella
MLS ID: VCR-C159053357

Available property

$2,850,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.