Properties

Burbank, CA 91502 324 Santa Anita Avenue

324 Santa Anita Avenue Burbank, CA - Image 1324 Santa Anita Avenue Burbank, CA - Image 2324 Santa Anita Avenue Burbank, CA - Image 3
9 more
324 Santa Anita Avenue Burbank, CA - Image 4324 Santa Anita Avenue Burbank, CA - Image 5324 Santa Anita Avenue Burbank, CA - Image 6324 Santa Anita Avenue Burbank, CA - Image 7324 Santa Anita Avenue Burbank, CA - Image 8324 Santa Anita Avenue Burbank, CA - Image 9324 Santa Anita Avenue Burbank, CA - Image 10324 Santa Anita Avenue Burbank, CA - Image 11324 Santa Anita Avenue Burbank, CA - Image 12324 Santa Anita Avenue Burbank, CA - Image 13
Presented By: Renee Wilkins-Virella with Keller Williams Westlake Village;
  • MLS# 225005855
  • 12/05/2025
  • Get pre-approved
  • Request Tour
  • Request Info
  • Beds • 10
  • Full/Half Baths • 10 / 2
  • SQFT • 6,001
  • Garage • 8

Home Details

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 parking spots. NOI is at $188,878 running at 17% for expenses (Excluding property taxes)
Presented By: Renee Wilkins-Virella with Keller Williams Westlake Village;

Interior Features for 324 Santa Anita Avenue

Bedrooms

Total Bedrooms10

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths2
Total Baths12

Other Interior Features

Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringWood
Heating Y/NYes
Total Stories2

General for 324 Santa Anita Avenue

AppliancesGas Water Heater, Water Heater
CityBurbank
CoolingCentral Air
CountyLos Angeles
DirectionsGoogle Maps
Entry LocationMain Level
Full Baths10
Garage Spaces8
Garage Y/NYes
HOANo
HeatingCentral
Land Lease Amount
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Conventional
Living Area6001
Lot Size Square Feet8981
Lot Size UnitsSquare Feet
MLS Area610 - Burbank
Number Of Units Total8
Number of Units Leased8
PostalCityBURBANK
Property Attached Y/NYes
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Year Built1957
Year Built SourceAssessor
ZoningBUR4*

Exterior for 324 Santa Anita Avenue

Lot Size Acres0.2062
Lot Size Area8981
Lot Size SourcePublic Records
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters8
Private PoolNo
SpaNo
Total Parking8

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $2,925,000
MLS#225005855
List Date 12/05/2025
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
Visit My Website

Similar Properties to 324 Santa Anita Avenue

Contact Us

info@connectrealty.com
2170 Buckthorne PL. #100
The Woodlands, TX 77380
866-938-0924
  • This field is for validation purposes and should be left unchanged.