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324 Santa Anita Avenue, Burbank, CA 91502

Burbank
Local realty services provided by:CENTURY 21 Masters
324 Santa Anita Avenue,Burbank, CA 91502
$2,925,000
  • 10 Beds
  • 12 Baths
  • 6,001 sq. ft.
  • Multi-family
  • Active
Listed by: renee wilkins-virella, kate marsh-pokras
Office: keller williams westlake village
MLS#:225005855
Source:CRMLS

Price summary

  • Price:$2,925,000
  • Price per sq. ft.:$487.42

About this home

The E. Santa Anita Ave Residences present a rare value-add opportunity in one of Burbank's most desirable rental corridors, just south of Glenoaks Blvd. This 8-unit, 6,001 sq. ft. building sits on an oversized 8,978 sq. ft. lot and features an efficient mix of two 2BR/1BA units and six 1BR/1BA units. Units have already been modernized with stainless-steel appliances, wood flooring, and upgraded bathroom vanities. Ownership has also completed major system upgrades, including electrical, reducing near-term maintenance exposure for a new investor. Built in 1957, the property is subject to AB 1482, allowing approximately 8% annual rent increases. Eight parking spaces (including tandem), and a rear garage with ADU conversion potential, this asset offers multiple avenues for forced appreciation. This is an exceptional chance to acquire a trophy multifamily asset in a prime, low-vacancy Burbank neighborhood with strong long-term fundamentals. All of the units have been renovated.There are 8...

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Home facts

  • Year built:1957
  • Listing ID #:225005855
  • Added:114 day(s) ago
  • Updated:March 28, 2026 at 10:34 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:12
  • Full bathrooms:10
  • Half bathrooms:2
  • Flooring:Wood
  • Living area:6,001 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1957
  • Building area:6,001 sq. ft.
  • Lot area:0.21 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$2,925,000
  • Price per sq. ft.:$487.42

Features and amenities

  • Amenities:Gas Water Heater, Water Heater

Parking

  • Total parking spaces:8
  • Garage:Yes
  • Garage spaces:8
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