About this home

With a prime corner lot location north of Glenoaks Boulevard, the property offers residents a home in the picturesque foothills of the Verdugo Mountains with Downtown Burbank and the Burbank Town Center shopping mall just blocks away. Buildings of this size and in this location are rarely available for sale, with fewer than one such property transacting per year over the past two decades (Source: CoStar COMPS). Due to the fact that the property is subject only to Burbank's local rent ordinance, a new owner may be able to recapture the rent upside and keep pace with improving rent growth via higher allowable rent increases, when compared with other assets subject to Los Angeles rent control. At the same time, deferred maintenance costs are dramatically reduced as the property has been thoroughly upgraded and well maintained in recent years. Seismic retrofit repairs were completed in January 2026, while a new roof was added, new windows were installed, and plumbing was replaced in 2018/2019. Tenants are easily attracted to the building's impressive amenities package, which includes central air/heat, recessed lighting, vaulted ceilings, quartz countertops, stainless steel appliances, and new vinyl windows. Dubbed the "Media Capital of the World," the city of Burbank is home to a vast contingent of entertainment employers, which allows tenants convenient commutes to studios. Notable media production campuses in and around Burbank include Disney Studios, Walt Disney Imagineering, Warner Bros. Studios, Universal Studios, Nickelodeon Studios, Cartoon Network, and Dreamworks Animation. In addition to the Burbank Town Center Shopping Mall, several other retail and dining destinations are conveniently accessible to tenants, including the Empire Center, Costco, Ikea, and the Americana at Brand lifestyle center.

Facts and features

Schools

• Joaquin Miller Elementary School

  elementary · K-5 · 0.1 mi

  9

• Burbank High School

  high · 9-12 · 1.1 mi

  8

• John Muir Middle School

  middle · 6-8 · 1.3 mi

  9

• Study Circle Preschool & Kindergarten

  elementary · PK-K · 0.4 mi

• Little Angels Academy Burbank Inc.

  elementary · K-1 · 0.5 mi

• Burbank USD Community Day School

  middle · 7-12 · 0.5 mi

Price history

• Sep 23, 2026 · Price Changed$9,500,000
• Jun 1, 2026 · Listed$10,150,000
• Jun 30, 2017 · Sold$9,750,000
• May 6, 2015 · Sold$6,700,000
• May 9, 2014 · Listing Removed$850
• May 1, 2014 · Price Changed For Rent$850
• Apr 16, 2014 · Listed For Rent$875
• Apr 11, 2014 · Listing Removed$875

Tax history

• 2025$128,242 tax · $11,542,020 assessed
• 2024$124,194 tax · $11,315,707 assessed
• 2023$123,180 tax · $10,876,307 assessed
• 2022$117,613 tax · $10,663,047 assessed
• 2021$116,809 tax · $10,453,969 assessed
• 2020$115,535 tax · $10,346,777 assessed
• 2019$112,074 tax · $10,143,900 assessed
• 2018$111,404 tax · $9,945,000 assessed

Where it is