1819 W Alameda Avenue Burbank, CA $ 7,850,000
1819 W Alameda Avenue
$ 7,850,000
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1819 W Alameda Avenue

Burbank, CA, 91506
$ 7,850,000
Bedrooms40 Baths4.0 Sq 19,358

Monthly Estimate*

$ 49,566

Listed by Dover Management Corp.
1819 W Alameda Avenue, Burbank, CA 91506 - Image 1
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Multi-Family Home for sale in Burbank, CA

for $7,850,000 with 40 bedrooms and 4 full baths. This 19,358 square foot home was built in 1986 on a lot size of 0.3737.

1819 W. Alameda Ave is offered at a 6.20% cap rate and comprises 20 units in Burbank's Rancho Adjacent neighborhood, near the center of the city between Verdugo and Alameda Avenues. The unit mix includes 16 two-bedroom/two-bathroom units and 4 two-bedroom/one-bathroom units, 11 of which have already been remodeled giving new ownership a clear value-add roadmap: renovate the remaining nine units to bring them to market rent and capture the property's approximately 15% loss to lease by filling existing vacancies. Additional upside exists in monetizing the property's 40 parking spaces, which currently sit unrented.

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Multi-Family Active

Price

$ 7,850,000

Bedrooms

40

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.3737

Year Built

1986

Town/City

Burbank

County/Region

Los Angeles

MLS | Web ID

26865431

Days on Market

1

Features
General
Living Area 19358
Heating Central
Appliances Refrigerator Dryer Washer
Zoning BUR4*
Year Built 1986
Levels Multi/Split
Gross Income 709124
County Los Angeles
Net Operating Income 486766
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Off Alameda and Parish
City Burbank
Senior Community Y/N false
Number Of Units Total 20
MLS Area 610 - Burbank
Lot Size Units Square Feet
Lot Size Square Feet 16278
Standard Status Active
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Interior
Interior Amenities Ceiling Fan(s)
Total Stories 2
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Stacked
Total Bedrooms 40
Total Baths 40
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Exterior
Parking Features Underground
Total Parking 40
Lot Size Area 16278
Number of Buildings 1
Building Area Total 19358
Lot Size Acres 0.3737
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* Excluded Features
List By
Dover Management Corp.

Broker

listings@doverla.com

Email

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$49,566
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$49,566
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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/28/2026$7,850,000 Listed Price

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1819 W Alameda Avenue, Burbank, CA, 91506 is a Multi-Family Home for sale at $7,850,000 with 19,358 sqft and a lot size of 0.3737. 1819 W Alameda Avenue has 40 bedrooms, 4.0 baths, and was built in 1986. The property's zip code is 91506 which is in Burbank, CA