1814 Grismer Burbank, CA ^$ 4,675,000

1814 Grismer

^$ 4,675,000

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Recently Listed

1814 Grismer

Burbank, CA, 91504

^$ 4,675,000

Studio Baths1.0 Sq 9,906

Monthly Estimate*

^$ 29,518

Listed by FACTIO GROUP

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Studio

Multi-Family Home for sale in Burbank, CA

for $4,675,000 with 1 full bath. This 9,906 square foot home was built in 1961 on a lot size of 0.2322.

1814 Grismer Avenue is a turn-key fourteen (14) unit apartment building located in Burbank. Considered the "media capital of the world," Burbank is a major center of the entertainment industry and home to several prominent film and television studios. The opportunity consists of two (2) studio units, ten (10) one-bedroom units and two (2) two-bedroom/two-bathroom units. Additionally, amenities include on-site parking for almost all the units and a gated pool. Lastly, the building has undergone recent capital improvements including a new roof and a new main electrical panel. The city of Burbank does not have traditional rent control but operated under state law (AB 1482). Buyer to verify.

Multi-Family Active

Price

^$ 4,675,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.2322

Year Built

1961

Town/City

Burbank

County/Region

Los Angeles

MLS | Web ID

CV26141069

Days on Market

Features

General

Sewer Private Sewer

Garage Spaces 12

Pool Features Private

Year Built 1961

Property Subtype Apartment

Gross Income 381240

Community Features Sidewalks

County Los Angeles

Net Operating Income 248075

Operating Expense 121728

Insurance Expense 16500

New Construction false

Property Type Residential Income

MaintenanceExpense 7000

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions west of N. Glenoaks Blvd and east of the 5 Freeway

City Burbank

Entry Location 1

Senior Community Y/N false

Number Of Units Total 14

MLS Area 610 - Burbank

Lot Size Units Square Feet

Lot Size Square Feet 10116

Listing Terms Cash to New Loan

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 4614

Fuel Expense 4614

Trash Expense 4614

Water Sewer Expense 4614

Additional Parcels Y/N false

Rent Control Y/N false

Building Area Units Square Feet

Standard Status Active

Year Built Source Estimated

Tax Lot 39

Property Sub Type Additional Apartment

Taxes 56100

Cap Rate 5.34

Interior

Total Stories 3

Common Walls 2+ Common Walls

Laundry Features Common Area

Entry Level 1

Exterior

Parking Features Assigned

Lot Features 11-15 Units/Acre

Water Source Private

Total Parking 12

Lot Size Area 10116

Number of Buildings 1

Building Area Total 9906

Lot Size Acres 0.2322

Private Pool true

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 14

Number of Separate Electric Meters 14

* Excluded Features

List By

Factio Group

Broker

andres.diaz@kw.com

Affordability Calculator

$29,518

Per Month

Monthly Principal & Interest: $29,518
Monthly Property Taxes: --
Monthly Home Insurance: --

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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.

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Nearby

Trends
Schools

Multi-family listings in Burbank, CA

Average List Price ^$2,312,784

Percent of Sale Price 51%

About Burbank, CA

4,839 Population

2% Since 2002

^$64,570 Median Income

36.57 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/29/2026	$4,675,000		Listed Price

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1814 Grismer, Burbank, CA, 91504 is a Multi-Family Home for sale at $4,675,000 with 9,906 sqft and a lot size of 0.2322. 1814 Grismer is a studio with 1.0 baths and was built in 1961. The property's zip code is 91504 which is in Burbank, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 7/6/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1814 Grismer

Multi-Family Home for sale in Burbank, CA

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