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Apartment Burbank (United States)by annonceur international
Apartment
Backto the list : apartment for Sale at Burbank

ApartmentBurbank (United States)
Price :
$3,500,000
($4,838 / m²)
Surface723 m²bedrooms16 bathrooms16 land0.1 ha

8-Unit Multifamily Investment in Prime Burbank – No Rent Control 1544 N Edison Blvd, Burbank, CA 91505 Offered for the first time in over 35 years by the original builder, this well-maintained 8-unit apartment complex is located in one of Burbank’s most desirable rental pockets. Ideal for investors seeking long-term stability, cash flow, and upside potential. The building consists of 8 spacious units, each with 2 bedrooms and 2 bathrooms, approximately 1,000 sq ft in size. Some units offer private balconies. All units feature central A/C, granite countertops, tile and laminate flooring, and mirrored closet doors. Each unit comes with two secure parking spaces and its private storage room located in the garage. The property is gated and has a consistent, easy-to-manage layout that appeals to both tenants and landlords. Long-term tenants are already in place, and there’s clear upside potential through rent increases and the opportunity to add in-unit washer and dryers. Located in prime Northwest Burbank, the building is just minutes from major studios such as Warner Bros., Disney, and NBC Universal. It also offers convenient access to Burbank Airport, Metrolink, and major freeways. Tenants enjoy walkability to the Empire Center, Target, Costco, restaurants, and shopping. The property is also zoned for the highly rated Burbank Unified School District. This is a rare chance to own a multifamily asset that is not subject to local rent control, falling only under California’s statewide rent cap law (AB 1482), which allows for predictable annual increases and just-cause eviction protections. With strong rental demand, a favorable regulatory environment, and immediate cash flow, this property offers a low-maintenance investment with significant long-term potential — ideal for both experienced and first-time multifamily investors. Disclaimer: Information deemed reliable but not guaranteed. Buyer to verify all details and conduct their due diligence. Showing Instructions: At least 24 hours' notice required. For showings, please contact Ben Behnam at ( 213) 926...-5932 or email Massi at [email protected]. Do not go directly to the property. It is fully tenant-occupied. CLICK HERE to review the OM of the property.
Advertiser reference : 109554865Le Figaro Properties reference : 89381423

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Apartment Burbank (United States)

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