Coming soonOpen house
$2,850,000
10 bd · 10 ba · 6,001 sqft · 8,981 sqft lot
324 E Santa Anita Ave, Burbank, CA 91502
Apartment · Built 1957 · $475/sqft ·
$17,455/mo est. payment
- Garage
- 8 cars
- Stories
- 2
Flood factor 1/10
About this home
Excellent investment opportunity in a highly desirable Burbank location just south of Glenoaks Blvd. This 8 unit, 6001 sq ft building sits on an 8978 sq ft lot with 2 -two bedroom/1 bathroom units and 6- one bedroom/1 bathroom units. All units have been recently renovated with wood flooring, upgraded bathrooms, and stainless steel appliances. This building offers a compelling opportunity for investors seeking a multifamily asset in one of San Fernando Valley's strongest rental markets. This property is convenient to shopping, dining, entertainment, major studios, etc. Ideally located near the heart of Burbank, where residents enjoy a walkable neighborhood with everyday conveniences just minutes away. This is ideal for an investor looking for stable income with potential for long term appreciation. The annual gross rental income is $202,284, with a robust cap rate at 5.4%and a GRM of 14.09 Price per unit is $356,250, $475 per sq ft.
Facts and features
Bedrooms
- Bedrooms: 10
Other Rooms
- Total Rooms: 8
Bathrooms
- Total Bathrooms: 10
- Full Bathrooms: 10
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central Furnace
- Heating: Yes
- Water Heaters: Gas
Interior Features
- Flooring: Simulated Wood
Land Info
- Lot Size Acres: 0.2061754
- Lot Size Square Feet: 8981
Garage and Parking
- Garage Spaces: 8
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Schools
- 9
Joaquin Miller Elementary School
elementary · K-5 · 0.4 mi
- 8
Burbank High School
high · 9-12 · 1.0 mi
- 9
John Muir Middle School
middle · 6-8 · 1.2 mi
Little Angels Academy Burbank Inc.
elementary · K-1 · 0.2 mi
Burbank USD Community Day School
middle · 7-12 · 0.1 mi
St John Paul II STEM Academy
middle · 9 · 0.4 mi
Price history
- Sep 26, 2026 · Listed$2,850,000
- May 15, 2026 · Listing Removed—
- Apr 18, 2026 · Price Changed$2,850,000
- Dec 5, 2025 · Listed$2,925,000
- Nov 4, 2025 · Listing Removed—
- Oct 6, 2025 · Price Changed$2,995,000
- Aug 13, 2025 · Price Changed$3,090,000
- Jul 9, 2025 · Price Changed$3,190,000
Tax history
- 2025$30,461 tax · $2,699,051 assessed
- 2024$29,502 tax · $2,646,130 assessed
- 2023$29,193 tax · $2,543,379 assessed
- 2022$27,888 tax · $2,493,509 assessed
- 2021$27,773 tax · $2,444,618 assessed
- 2020$27,473 tax · $2,419,553 assessed
- 2019$26,663 tax · $2,372,112 assessed
- 2018$26,486 tax · $2,325,600 assessed
Home value
$3,483,883
- Quantarium$3,483,883
Where it is
Listed by Renee Virella · Keller Williams Westlake Village · CSMAR
