Back to search
No photo
1608 Grismer Avenue Burbank, CA $ 2,400,000
Share Save
$ 2,400,000 Get more info
1608 Grismer Avenue
$ 2,400,000
Back to search
Share Save

1608 Grismer Avenue

Burbank, CA, 91504
$ 2,400,000
Baths1.0 Sq 6,800

Monthly Estimate*

$ 14,973

Listed by Baboudjian Properties Inc.
​
View a Virtual Tour
Studio

Multi-Family Home for sale in Burbank, CA

for $2,400,000 with 1 full bath. This 6,800 square foot home was built in 1944 on a lot size of 0.3207.

PRICED TO SELL! The Grismer Apartments is located in Burbank, one of the most sought-after cities in Los Angeles County. The building is just minutes away from the shopping and eateries located at the Empire Center and Downtown Burbank. The City of Burbank offers not only a quiet corner to call home but also some of the most major production studios in the entertainment industry! It is also ideally centered near a few major freeways, making it a short distance to cities like Glendale, Toluca Lake and Sherman Oaks. The apartment complex has 8 units in total and features an excellent unit mix. The property consists of all 2 bedroom 1 bathroom units. The property has been so well maintained and has lots of curb appeal. The location incorporates the perfect balance between the coziness of the City of Burbank and the liveliness of being minutes away from hot spots throughout Los Angeles. This premier property is a unique opportunity for an investor looking to expand their portfolio into one of the leading neighborhoods in Los Angeles County!

See more
Multi-Family Contingent

Price

$ 2,400,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.3207

Year Built

1944

Town/City

Burbank

County/Region

Los Angeles

MLS | Web ID

GD25222301

Days on Market

90
Features
General
Sewer Public Sewer
Garage Spaces 0
Pool Features None
Year Built 1944
Property Subtype Apartment
Gross Income 223080
Community Features Curbs
County Los Angeles
Net Operating Income 170028
Operating Expense 53051
Insurance Expense 8739
New Construction 0
Property Type Residential Income
MaintenanceExpense 7375
Garage Y/N 0
Special Listing Conditions Standard
Status Active Under Contract
Directions Between San Fernando Boulevard and Glenoaks Boulevard just between Scott Road and Keeler Street
City Burbank
Entry Location 1
Senior Community Y/N 0
Open Parking Spaces 2
Number Of Units Total 8
MLS Area 610 - Burbank
Lot Size Units Square Feet
Lot Size Square Feet 13971
Carport Spaces 6
Carport Y/N 1
Number of Units Leased 8
Listing Terms Cash Cash to New Loan
Property Attached Y/N 0
Land Lease Y/N 0
Electric Expense 334
Fuel Expense 265
Trash Expense 5337
Water Sewer Expense 3400
Additional Parcels Y/N 0
Rent Control Y/N 1
Building Area Units Square Feet
Standard Status Active Under Contract
Year Built Source Public Records
Tax Lot 7
Virtual Tour https://vimeo.com/1083993149
Total Actual Rent 18475
Property Sub Type Additional Apartment
Taxes 26160
See more
Interior
Total Stories 2
Common Walls No Common Walls
Laundry Features Common Area
Entry Level 1
See more
Exterior
Parking Features Assigned
Lot Features 6-10 Units/Acre
Water Source Public
Total Parking 8
Lot Size Area 13971
Number of Buildings 1
Building Area Total 6800
Lot Size Acres 0.3207
Private Pool 0
Lot Size Source Public Records
Number of Separate Water Meters 1
Number of Separate Gas Meters 9
Number of Separate Electric Meters 9
See more
* Excluded Features
List By
Baboudjian Properties Inc.

Broker

contact@babprop.com

Email

Affordability Calculator

$14,973
Per Month
100%
0%
0%
Monthly Principal & Interest
$14,973
Monthly Property Taxes
--
Monthly Home Insurance
--
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/20/2025$2,400,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

1608 Grismer Avenue, Burbank, CA, 91504 is a Multi-Family Home for sale at $2,400,000 with 6,800 sqft and a lot size of 0.3207. 1608 Grismer Avenue is a studio with 1.0 baths and was built in 1944. The property's zip code is 91504 which is in Burbank, CA

Get more info