638 E Tujunga Avenue Burbank, CA $ 4,695,000
638 E Tujunga Avenue
$ 4,695,000
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638 E Tujunga Avenue

Burbank, CA, 91501
$ 4,695,000
Baths2.1 Sq 10,020

Monthly Estimate*

$ 29,291

Listed by Equity Union
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Studio

Multi-Family Home for sale in Burbank, CA

for $4,695,000 with 2 full baths, 1 half bath. This 10,020 square foot home was built in 1989 on a lot size of 0.1622.

We are proud to represent this 8 unit apartment building in an excellent Burbank rental pocket. The building was constructed in 1989. Its unit mix consists of (8) 2-bedroom, 2.5-bathroom units, (4) of which are loft units. With a lot size of 7,064 square feet, the property has a total of 10,020 rentable square feet. The property is located in Burbank, which is a highly desirable rental market and is known as the media capital of the world. It is home to Disney Studios, Warner Brothers, and NBC. The city has over 80 restaurants, 30 movie screens, and 200 stores; its residents enjoy top ranked schools, easy access to the 5 and 134 freeways, and close proximity to the Burbank Metro Link. The building is a Burbank trophy property. Tenants enjoy mountain views, open floor plans, separate entrances, and storage rooms; units also feature fireplaces, washer and dryer hook ups, central air and heating, and outdoor patios and balconies. The building has a new roof. An astute investor will enjoy the turnkey asset, excellent unit mix, award winning schools, and improving area as rents increase over time.

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Multi-Family Active

Price

$ 4,695,000

Bedrooms

Studio

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1622

Year Built

1989

Town/City

Burbank

County/Region

Los Angeles

MLS | Web ID

SR25244037

Days on Market

65

Features
General
Sewer Public Sewer
Garage Spaces 16
Pool Features None
Year Built 1989
Property Subtype Apartment
Gross Income 329760
Community Features Suburban
County Los Angeles
Net Operating Income 240192
Operating Expense 79675
Insurance Expense 7000
New Construction false
Property Type Residential Income
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Great location in Burbank rental pocket above Glenoaks
City Burbank
Entry Location 1
Senior Community Y/N false
Number Of Units Total 8
MLS Area 610 - Burbank
Lot Size Units Square Feet
Lot Size Square Feet 7064
Listing Terms Cash to New Loan
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 3960
Trash Expense 2400
Water Sewer Expense 4200
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 2
Property Sub Type Additional Apartment
Cap Rate 5.13
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Interior
Total Stories 2
Common Walls 1 Common Wall
Laundry Features Laundry Closet
Entry Level 1
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Exterior
Lot Features Rectangular Lot
Water Source Public
Total Parking 16
Lot Size Area 7064
Number of Buildings 1
Building Area Total 10020
Lot Size Acres 0.1622
Private Pool false
Lot Size Source Appraiser
Number of Separate Water Meters 8
Number of Separate Gas Meters 8
Number of Separate Electric Meters 8
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* Excluded Features
List By
Equity Union

Broker

cindyhill@valleyapartmentsales.com

Email

Affordability Calculator

$29,291
Per Month
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Monthly Principal & Interest
$29,291
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$4,695,000 Listed Price

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638 E Tujunga Avenue, Burbank, CA, 91501 is a Multi-Family Home for sale at $4,695,000 with 10,020 sqft and a lot size of 0.1622. 638 E Tujunga Avenue is a studio with 2.1 baths and was built in 1989. The property's zip code is 91501 which is in Burbank, CA