324 E Santa Anita Avenue Burbank, CA $ 2,850,000
324 E Santa Anita Avenue
$ 2,850,000
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324 E Santa Anita Avenue

Burbank, CA, 91502
$ 2,850,000
Bedrooms-- Baths-- Sq 6,001

Monthly Estimate*

$ 19,684

Listed by Renee Wilkins-Virella, Keller Williams Westlake Village, reneevirella@gmail.com
324 E Santa Anita Avenue, Burbank, CA 91502 - Image 1
324 E Santa Anita Avenue, Burbank, CA 91502 - Image 2
324 E Santa Anita Avenue, Burbank, CA 91502 - Image 3
324 E Santa Anita Avenue, Burbank, CA 91502 - Image 4
324 E Santa Anita Avenue, Burbank, CA 91502 - Image 5
324 E Santa Anita Avenue, Burbank, CA 91502 - Image 6
324 E Santa Anita Avenue, Burbank, CA 91502 - Image 7

Commercial Property for sale in Burbank, CA

for $2,850,000. This 6,001 square foot building was built in 1957 on a lot size of 0.2062.

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.

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Commercial Active

Price

$ 2,850,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.2062

Year Built

1957

Town/City

Burbank

County/Region

Los Angeles

MLS | Web ID

226004193

Days on Market

52

Features
General
Living Area 6001
Zoning BUR4*
HOA Fee 0
Year Built 1957
County Los Angeles
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
City Burbank
MLS Area 610 - Burbank
Lot Size Units Square Feet
Lot Size Square Feet 8981
Listing Terms Cash Conventional
Lease Renewal Y/N false
Standard Status Active
Cap Rate 5.4
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Interior
Total Stories 2
Heating Y/N false
Total Baths 0
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Exterior
Total Parking 0
Lot Size Area 8981
Lot Size Acres 0.2062
Lot Size Source Public Records
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* Excluded Features
List By
Renee Wilkins-Virella

Listing Agent

Keller Williams Westlake Village

Broker

reneevirella@gmail.com

Email

Affordability Calculator

$19,684
Per Month
100%
0%
0%
Monthly Principal & Interest
$19,684
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
9/3/2026$2,850,000 Listed Price

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324 E Santa Anita Avenue, Burbank, CA, 91502 is a Commercial Property for sale at $2,850,000 with 6,001 sqft and a lot size of 0.2062. 324 E Santa Anita Avenue was built in 1957. The property's zip code is 91502 which is in Burbank, CA