$2,850,000
FOR SALEActive324 E Santa Anita Avenue
Burbank CA 91502
6,001
SF
Commercial
Type
1957
Built
$475/SF
Cost/SF
Listing Agent
Renee Wilkins-Virella
Listing Agent
DRE #: 02188375
(805) 777-7777Brokerage: Keller Williams Westlake Village
Kate Marsh-Pokras
Brokerage: Keller Williams Westlake Village
Location Analysis
About This Property
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.
Property Information
Property Overview
Commercial
Property Type
Active
Status
BUR4*
Zoning
0.2062 acres
Lot Size
6,001 SF
Square Footage
$474.92/SF
Price per SF
5.40%
Cap Rate
1,957
Year Built
2
Stories
Property Highlights
N/A Property
Prime Location with High Visibility
5.4% Cap Rate
Location Analysis
Building Details
Zoning & Use
Investment Metrics
5.40%
Cap Rate
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- Sold $2,780,000SOLD6,402 SF•Industrial3500 N San Fernando BoulevardSold Apr 2026Locker Realty Corp. | DRE #00643224Buyer's agent: Hermine Temurian, Coldwell Banker Hallmark Realty | DRE #01814967
- Sold $1,350,000SOLD2,890 SF•Industrial831 S Main StreetSold Feb 2026Engel & Voelkers La Canada | DRE #00575959Buyer's agent: Non-Member ftb.nonmember, Non-Member
Closed commercial sales reported, newest first.
CRMLS
MLS# 226004193
Listed:
Nalren refreshed:
Last updated
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Listed by: Keller Williams Westlake Village
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
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Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.