210 W Spazier, Burbank, CA 91502
Local realty services provided by:CENTURY 21 Synergia Realty
210 W Spazier,Burbank, CA 91502
$1,449,500
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: brian palmer
Office: re/max gateway661-702-4900
MLS#:SR26147163
Source:CRMLS
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Price summary
- Price:$1,449,500
About this home
Rare opportunity to acquire a well-maintained, fully occupied single-story four-unit investment property in the heart of Burbank. Ideally located on a quiet, low-traffic dead-end street just minutes from Interstate 5, Alameda Avenue, major studios, shopping, dining, and employment centers, this pride-of-ownership property offers stable current income and long-term upside. The property features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, all occupied by long-term month-to-month tenants. Under the same ownership for over 22 years, the property has experienced very little vacancy, reflecting its desirable location and strong rental demand. Numerous improvements include updated unit interiors, an updated sewer line, private full-size laundry sheds for the two-bedroom units, interior stackable laundry in the one-bedroom units, and a charming shared courtyard patio for tenant enjoyment. Each unit is individually metered for gas and electricity. Four detached single-car garages and a large storage shed are rented separately, providing additional income beyond the apartment rents. A spacious rear parking area offers ample off-street parking for tenants and guests. Current gross scheduled income is approximately $9,850 per month ($118,200 annually) with a projected buyer pro forma cap rate of approximately 5.7% (buyer to verify). Situated on a generous 7,748 SF lot with potential future expansion or redevelopment opportunities (buyer to verify with the City of Burbank), this is an exceptional opportunity to acquire a quality investment property in one of Burbank's most sought-after rental neighborhoods....
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Home facts
- Year built:1949
- Listing ID #:SR26147163
- Added:110 day(s) ago
- Updated:October 26, 2026 at 07:20 AM
Rooms and interior
- Flooring:Carpet, Tile, Vinyl
- Kitchen Description:Dishwasher, Gas Range, Microwave
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnance
Structure and exterior
- Roof:Composition
- Year built:1949
- Lot Features:Cul De Sac
- Architectural Style:Mid Century Modern
- Levels:1 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,449,500
Features and amenities
- Appliances:Dishwasher
- Laundry features:Inside, Outside, Stacked
- Amenities:All Bedrooms Down
Parking
- Total parking spaces:8
- Parking description:Door-Single, Driveway Level, Garage, On Site
- Garage:Yes
- Garage spaces:4
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