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George Salazar

george@westsidegeorge.com +1(310) 400-6756

$ 2,399,900

Est. payment -/mo

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140 N Pass Ave Burbank, CA 91505

6 Beds

5 Baths

4,077 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,077 sqft

Price per Sqft $588

MLS Listing ID 25555629

Style Contemporary Mediterranean

Bedrooms 6

Construction Status Updated/Remodeled

Year Built 1941

Lot Size 5,691 Sqft

Acres 0.1306

Property Sub-Type Multi-Family

Property Description

Exceptional Investment Opportunity in the Heart of Burbank. This well-maintained 5-unit property features a desirable front owner's unit and a two-story rear building with four additional rental units. Amenities include five garage parking spaces, one uncovered parking spot, and an on-site laundry room, ideal for both tenant convenience and additional income potential. Perfectly located near Warner Bros. and NBC Studios and just 15 minutes from Universal Studios. The front unit is a prime candidate for Airbnb or short-term rentals, offering significantly higher revenue compared to traditional annual leasing. The property underwent extensive renovations in 2022 and 2023, including a new roof on units and garages and new dual-pane windows in most units (except one). The current leases remain in place through August 31, 2025, the owner unit's rent based on AirBNB income, at which time rents can be adjusted by California's rent control guidelines. Bonus income potential: The new owner can increase revenue through separate charges for garage parking and storage. With rent increases taking effect, coupled with low building expenses and minimal maintenance, this property has the potential to achieve a cap rate exceeding 5.5%.

Location

State CA

County Los Angeles

Area Burbank

Zoning BUR4*

Rooms

Other Rooms None

Dining Room 0

Kitchen Tile Counters

Interior

Interior Features Crown Moldings, Laundry - Closet Stacked

Heating Natural Gas

Cooling Window Unit(s)

Flooring Laminate

Fireplaces Type Bath, Kitchen, Living Room, Primary Bedroom

Equipment Cable, Garbage Disposal, Range/Oven, Refrigerator

Laundry Laundry Closet Stacked, In Unit, Community

Exterior

Parking Features Garage - 1 Car, Garage - 2 Car, Parking Space, On street

Garage Spaces 6.0

Pool None

Amenities Available None

Waterfront Description None

View Y/N Yes

View City

Roof Type Composition, Shingle

Handicap Access None

Building

Lot Description Lot Shape-Rectangular, Single Lot

Story 2

Sewer In Street Paid

Water Water District, District

Architectural Style Contemporary Mediterranean

Level or Stories Two

Structure Type Stucco

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Glendale

George Salazar

Agent | License ID: 00884017

+1(310) 400-6756

George Salazar

140 N Pass Ave Burbank, CA 91505

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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140 N Pass Ave