2250 N Fairview Street
Burbank, CA, 91504 $ 3,195,000
Baths2.0 Sq 5,854 Monthly Estimate*
$ 20,174
Listed by JohnHart Real Estate
Studio for $3,195,000 with 2 full baths. This 5,854 square foot home was built in 1990 on a lot size of 0.1548.
Prime Burbank Multifamily Investment Opportunity! Located in one of Burbank's most desirable residential neighborhoods, this well maintained 9 unit apartment building offers approximately 5,584 square feet of living space and an attractive, diverse unit mix designed to appeal to a broad tenant base. The property consists of one studio unit, three 1 bedroom 1 bath units, four 2 bedroom 2 bath units, and one spacious 3 bedroom 2 bath unit, providing excellent rental stability and income potential. Constructed with a newer building design, the property features an attractive exterior, clean architectural lines, wide common access walkways, and a desirable layout. Many units offer bright and functional floor plans, spacious living areas, well appointed kitchens, generous bedrooms, and ample storage. Residents enjoy the convenience of 14 community parking spaces, a highly valuable amenity in today's rental market. Ideally situated near major employment centers, shopping, dining, entertainment, parks, and transportation options, this investment benefits from Burbank's strong rental demand and desirable community atmosphere. Whether you are seeking a stable income producing asset or a long term value add opportunity, this exceptional multifamily property offers the perfect combination of location, unit mix, parking, and investment potential.
See more
FeaturesGeneralSewer PublicSewer
Heating WallFurnace
Cooling WallWindowUnits
Utilities ElectricityAvailable NaturalGasAvailable SewerAvailable WaterAvailable
Possession CloseOfEscrow
Appliances Dishwasher GasCooktop GasOven
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1990
Tenant Pays Electricity Gas Water
View Neighborhood
Levels ThreeOrMore
Property Subtype MixedUse
Gross Income 0
Community Features Curbs Sidewalks
County Los Angeles
Net Operating Income 191716
Operating Expense 54452
Insurance Expense 6420
New Construction false
Property Type ResidentialIncome
HOA false
MaintenanceExpense 0
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions 5 fwy- Empire ave
City Burbank
Entry Location Front Door
Senior Community Y/N false
Number Of Units Total 9
MLS Area 610 - Burbank
Lot Size Units SquareFeet
Lot Size Square Feet 6744
Number of Units Leased 8
Listing Terms Cash CashToNewLoan Conventional
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 3558
Fuel Expense 0
Trash Expense 7740
Water Sewer Expense 3558
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 163
Total Actual Rent 20514
Property Sub Type Additional MixedUse
Taxes 39936
Cap Rate 5.6
See more
InteriorInterior Amenities CeilingFans OpenFloorplan TileCounters
Flooring Carpet
Fireplace Features None
Total Stories 3
Common Walls TwoCommonWallsOrMore
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features None
Entry Level 1
See more
ExteriorParking Features CommunityStructure
Lot Features SixToTenUnitsAcre
Water Source Public
Total Parking 14
Lot Size Area 6744
Number of Buildings 1
Building Area Total 5854
Lot Size Acres 0.1548
Private Pool false
Lot Size Source Assessor
Door Features MirroredClosetDoors
Pool Charge 0
Number of Separate Water Meters 9
Number of Separate Gas Meters 9
Number of Separate Electric Meters 9
See more
* Excluded FeaturesList ByJohnhart Real EstateBroker
Affordability Calculator
- Monthly Principal & Interest
- $20,174
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbySingle family listings in Burbank, CA
Average List Price $1,735,265
Percent of Sale Price 46%
About Burbank, CA 4,839 Population
2% Since 2002
$ 64,570 Median Income
36.57 Median Age
35% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/5/2026 | $3,195,000 | | Listed Price |