Burbank, CA Real Estate Search

Burbank, CA Multi-Family Homes for Sale

Burbank, CA, renowned for its vibrant community and convenient access to Hollywood, offers a diverse selection of multi-family homes for sale that appeal to both investors and potential homeowners. The city's real estate market features charming duplexes, triplexes, and larger multi-family units, showcasing a blend of vintage architecture and modern amenities. With its strong rental demand fueled by the nearby entertainment industry and a range of local attractions, purchasing a multi-family property in Burbank provides a unique opportunity for generating income while enjoying the benefits of a picturesque suburban lifestyle. The area's walkable neighborhoods, top-rated schools, and excellent public transportation options further enhance its appeal, making Burbank an increasingly attractive destination for real estate investment. Whether one is looking to expand a portfolio or find a new place to call home, Burbank's multi-family offerings are worth exploring.

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Newest Burbank, CA Multi-Family Homes for Sale

$3,295,000
9 Beds 11 Baths 26863241 MLS Active Status
Situated near the intersection of Glenoaks Boulevard and Verdugo Avenue, the property is mere blocks from Downtown Burbank and the Burbank Town Center shopping mall. The location's high Walk Score of 90 earns it the designation of "Walker's Paradise" while providing convenient access to shopping and dining along Glenoaks Boulevard and San Fernando Boulevard. There are two separate buildings on one parcel -- one structure was constructed in 2000 while the other has been heavily renovated in the past two years. Upgrades to the original building include new electrical panels and breakers, mini-split HVAC units, new copper plumbing, new wood flooring, new windows, new doors, and new security cameras. The property also recently passed the SB 721 elevated walkways inspection (Buyer to verify). The two buildings provide ample living space, with the eight units occupying over 8,000 rentable square feet. 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.

335 -337 E Providencia Avenue, Burbank

$1,199,000
5 Beds 3 Baths 26859529 MLS Active Under Contract Status
Rare Burbank Investment Opportunity: Two Detached Homes on a Street-to-Alley Lot Unlock tremendous potential with this unique value-add property located in the foothills of Burbank. Situated on a highly desirable street-to-alley lot, this duplex-style property features two detached legal buildings, separate gas and electric meters, and highly coveted R-4 High Density Residential Zoning. Whether you are looking to develop high-density housing, build a custom compound, or renovate and cash-flow, this fixer-upper is the blank canvas you have been waiting for. Property Highlights: Front Building: Spacious 3-bedroom, 2-bathroom layout built in 1927, brimming with character and ready for a modern revival. Rear Building: Separate 2-bedroom, 1-bathroom unit built between 19351949, offering excellent privacy and independent alley access. Delivered Vacant: No tenant complications. Ready for immediate construction, renovation, or development upon closing. Zoning Advantage: R-4 High Density Residential Zone opens the door for significant future development or expansion in a premium Burbank pocket. Utilities: Separate gas and electric meters are already in place, keeping utility management simple and straightforward. Disclosures Ready: Many inspections and reports are completed and available for review, allowing you to buy with clarity and confidence. Bring your contractors and your imagination. Properties with this level of versatility, zoning upside, and vacant possession rarely hit the Burbank market.

638 E San Jose Avenue, Burbank

$1,499,000
SR26148082 MLS Active Status
A remarkable investment opportunity awaits at 508 N. Rosemary Lane in the highly sought-after Magnolia Park neighborhood of Burbank. This well-maintained triplex offers an exceptional combination of prime location, desirable unit mix, and strong income-generating potential, making it an ideal long-term hold or owner-user opportunity with meaningful rental income. Each of the three units features 2 Bedrooms and 1 Bathroom, along with separate utility meters and convenient in-unit laundry—highly desirable features for today’s rental market. The units have been tastefully remodeled over the past 10 years and thoughtfully maintained, providing attractive living spaces with solid cash flow. Additional property highlights include a shared 2-car garage plus a separate 1-car garage, all with alley access, along with important system upgrades including a newer roof, upgraded electrical panel, and re-lined sewer. The location further strengthens the investment profile, situated directly across from Verdugo Park and Aquatic Facility, offering tennis courts, playgrounds, picnic areas, and the Mary Alvord Recreation Center. Just a short stroll away, The Ranch at Hollywood & Verdugo provides convenient dining and shopping options, while nearby Burbank schools and major entertainment studios add to the area’s lasting tenant appeal. With a proven history of rental demand, strong neighborhood fundamentals, and versatile income potential, this is a rare opportunity to own a highly rentable multi-residential asset in one of Burbank’s most desirable locations.

508 N Rosemary Lane, Burbank

$1,595,000
SR26147163 MLS Active Status
Rare opportunity to acquire a well-maintained, fully occupied single-story four-unit investment property in the heart of Burbank. Ideally located on a quiet, low-traffic dead-end street just minutes from Interstate 5, Alameda Avenue, major studios, shopping, dining, and employment centers, this pride-of-ownership property offers stable current income and long-term upside. The property features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, all occupied by long-term month-to-month tenants. Under the same ownership for over 22 years, the property has experienced very little vacancy, reflecting its desirable location and strong rental demand. Numerous improvements include updated unit interiors, an updated sewer line, private full-size laundry sheds for the two-bedroom units, interior stackable laundry in the one-bedroom units, and a charming shared courtyard patio for tenant enjoyment. Each unit is individually metered for gas and electricity. Four detached single-car garages and a large storage shed are rented separately, providing additional income beyond the apartment rents. A spacious rear parking area offers ample off-street parking for tenants and guests. Current gross scheduled income is approximately $9,850 per month ($118,200 annually) with a projected buyer pro forma cap rate of approximately 5.7% (buyer to verify). Situated on a generous 7,748 SF lot with potential future expansion or redevelopment opportunities (buyer to verify with the City of Burbank), this is an exceptional opportunity to acquire a quality investment property in one of Burbank's most sought-after rental neighborhoods.

210 W Spazier, Burbank

$5,500,000
28 Beds 28 Baths 26852909 MLS Active Status
We are pleased to present the investment opportunity at 2001-2005 Grismer Avenue in Burbank, California. This 14-unit apartment community is situated in the established North Burbank residential corridor, one of the most consistently performing multifamily submarkets in the San Fernando Valley. The offering represents an opportunity to acquire a uniformly config red, below-market asset in a city that operates independently from the City of Los Angeles, with a meaningfully different regulatory environment and a strong long-term rental demand profile driven by proximity to the Burbank Media District, the studios, and the broader employment base that anchors the area.The subject property is a two-story, 14-unit apartment building constructed in 1987 and situated on an 11,440 SF lot. The building totals 11,334 square feet of rentable area and is zoned BUR4. The unit mix is entirely composed of two-bedroom/two-bathroom units, providing operational consistency and a single-profile leasing strategy across the entire asset. The property is currently managed by OPEL Management Service and is 100% occupied as of the May 2026 rent roll.Residents benefit f om on-site laundry service provided through a contract with All Valley Washer Service, generating approximately $2,948 annually in supplemental income. The building's uniform layout and standard two-bedroom config ration appeal to the core renter demographic in this corridor: working professionals, dual-income households, and long-term tenants drawn to Burbank's livability, school quality, and commuter access. The asset is individually addressed as both 2001 and 2005 Grismer Avenue and sits on a quiet residential street within walking distance of retail and services along N Glenoaks Blvd.2001-2005 Grismer Avenue is positioned within the 91504-zip code, one of Burbank's most active multifamily leasing zones. Burbank is an independent city with its own municipal services and zoning authority, sitting just outside the City of Los Angeles and governed by California AB 1482 rather than the LA city RSO. That distinction matters at the operating level: annual increases of up to 5% plus local CPI are permitted, and rents reset fully to market at every vacancy. The current in-place rent average of $2,203 per unit sits approximately $556 below the market rate for comparable two-bedroom product in the immediate area, with all 14 units presenting measurable upside. At full market occupancy, annual gross scheduled rent reaches $462,000, representing $93,473 in additional gross income over the current roll. Burbank's location within easy commuting distance of the entertainment industry, healthcare, and professional service employment centers throughout Los Angeles County supports durable renter demand and limited lease-up risk for an incoming owner.

2005 Grismer Avenue, Burbank

$1,525,000
SB26136610 MLS Active Status
1515 N Hollywood Way presents a rare opportunity to acquire a fully vacant 4-unit apartment building in the highly desirable Burbank market. Built in 1948, the property totals approximately 2,908 square feet on a 5,380 square foot lot and is comprised of (2) 2Bed+1Bath unit and (2) 1Bed+1Bath units. With all units delivered vacant, a new owner has the immediate ability to lease at market rents, select their own tenants, renovate further, or reposition the asset without existing tenant complications. The property has been improved with new paint and offers strong pro forma income potential, with projected scheduled gross income of $141,600 annually based on market rent assumptions of $3,500/month for the 2Bed+1Bath units and $2,400/month for each 1Bed+1Bath unit. At the list price of $1,525,000, the property is priced at $381,250 per unit and approximately $524 per building square foot, with a projected 7.67% cap rate and 9.93 GRM. A major value-add component is the ability to potentially add up to 4 ADUs, creating a significant upside path for a buyer to explore. With the property fully vacant and existing garage/parking improvements already on site, the asset gives investors a clean opportunity to stabilize the current four units while also evaluating additional rental income through ADU development. Buyer to verify all ADU feasibility, zoning, permits, CUP requirements, and development standards with the City of Burbank. Located along Hollywood Way in Burbank, the property benefits from proximity to Magnolia Park, the Media District, Warner Bros. Studios, The Walt Disney Company, ABC Television, shopping, dining, and major employment centers. Unlike properties located in the City of Los Angeles, this Burbank asset is not subject to LA RSO. Burbank has its own tenant protections, and AB 1482 may apply, but the property is not under Los Angeles rent control.

1515 N Hollywood, Burbank

$10,150,000
29 Beds 34 Baths 26839671 MLS Active Status
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.

700 S 6th Street, Burbank

$1,595,000
4 Beds 3 Baths 26835545 MLS Active Status
This is a rare and exciting opportunity to purchase an investment property in Magnolia Park. Wonderful views of blue Jacaranda trees on the Chandler Bike path.This well maintained and updated triplex 2514,2516,2518 W. Chandler Blvd. All units have stone countertops, tile or slate floors in the kitchen /bathrooms and hardwood flooring in bedrooms, living room and dining room and newer electrical panels. Replaced back staircase (2019). Rain gutters added. Unit 2514 -(2 Bedroom) Kitchen: Unit has maple kitchen cabinets, stainless steel stove, dishwasher. New back door to side yard. Upgraded electrical panel. Bathroom: Custom sliding glass shower doors ( installed 2018) tub/shower combo. New bathroom door. Added tile baseboards and large medicine cabinet for two people. We installed a whisper quiet exhaust fan and added canned lighting and a new fixture over the vanity. Living room: we added custom plantation shutters in the main window. Newer doubled pane windows in dining room, bedrooms, kitchen, bathroom. Replaced AC unit in the living room (2018) Newer custom blinds throughout. Upgraded electrical panel. Bedroom 1: We added a mini split heating and air / new ceiling fan and a new AC window unit in the second bedroom. New windows. Unit 2516: All new (2018) double pane windows in every room with custom blinds.Kitchen: Newer refrigerator, has a microwave oven, new faucet & disposal. Added tile back splash. Newer kitchen back door with custom blind. New light fixture over sink. New large pantry shelving unit. Bedroom: Added a multi-zone mini split heating/AC. New ceiling fan in bedroom.Bathroom: Retiled the shower, flooring and behind the sink & faucet with a built in soap dish. Added custom shower glass doors. New shower head, New sink, Replaced plumbing and drains. Added a whisper quiet exhaust fan. Refinished hard wood floors in entire apt. 2 Kohler double mirrored medicine cabinets, new mirror over toilet. Added shelving over doorway. 2518: Kitchen: Remodeled in 2020. All new custom designer kitchen. Professional layout. Beautiful yellow handmade tiles from England purchased from high end shop in Pasadena. New plumbing and drain. Added a light switch to kitchen entry with dimmer, added canned lights and new vintage style light fixture over sink. Has new sub flooring and new tile floor. New stove, refrigerator, new built-in microwave unit above stove. New ventilation system in kitchen. Bathroom: New sub flooring, New tile floor, New TOTO toilet, New JALCO Brass tub and shower fixtures. New plumbing and drain. Brass designer double sided mirror medicine cabinet. Italian plastered wall behind vintage sink. Built in vintage soap dish in wall . Sink has newer brass colored faucet to match the bathroom towel bars/ rings. Attic: newly Insulated. All units have hardwood flooring, updated electric panels/paint. Landscaping front/back w/auto sprinklers. Currently 2 units are month to month and 1 unit is on a 1 year lease. Well maintained, Triplex in highly desired Burbank location demonstrating pride of ownership. Convenient on-site "WASH" laundry room and all units include a 1 car garage and together enjoy out-door spaces. Units are occupied with long -term tenants. . Close to shopping and convenient freeway access, Close to Burbank Media Center. Burbank Studios, production companies, Disney Studios, Warner Brothers Studios, Handy Market, Magnolia Corner bar & grill, and Landmark old-school market and restaurant Monte Carlo Italian deli/ Pinocchio.

2514 W Chandler Boulevard, Burbank

$7,500,000
WS26102173 MLS Active Status
“Villa Bonita Condominiums” are a pride of ownership, turnkey, two story over parking, 10-unit condominium building. Constructed in 2009 with a flat, rolled composition shingled roof, some pitched concrete tile shingles, and a concrete pier foundation. The “Villa Bonita Condominiums” are 10 individually parceled condominiums that are currently rented to individual tenants. With 10 separate tax ID’s, a new owner can either continue to operate the project in its current form or sell the individual units as condos in the future. Operating as 1101 East Avenue Association, these fully completed condominium units are all owned by the current owner and rented individually. Seller to provide all HOA, CC&R, Bylaws, Certification of completion, White-Slip Condo docs and any other pertinent recorded documents. Buyer to perform its own investigations during the contingency period and make independent verifications and approvals. Amenities: Luxury units, built as condominiums. High end finishes and stainless-steel appliances, including dishwashers. Granite counters, laminate flooring in common areas, carpeted bedrooms. All units have a patio or balcony; gas fireplace; and washer dryers in the unit. Additionally, all units are equipped with individual tankless-water heaters. Tenants enjoy gated entrance and parking. There is a wheelchair lift from the parking garage to the first floor. Rent Control: As of early 2026, the City of Burbank does not have traditional rent control but operates under state law (AB 1482) and local "soft cap" ordinances.

1101 East Avenue, Burbank

$1,250,000
TR26067199 MLS Active Status
Don’t miss this rare opportunity to own a well-located triplex in one of Burbank’s most desirable and central neighborhoods. Perfect for investors or owner-occupants. This triplex is not only centrally located but also offers the charm and character Burbank is known for. This property offers flexibility, functionality, and great potential. This versatile property features a front single-family home and two attached units in the rear with a total of 1,658 square feet of living space situated on a generous 6,275 square foot lot. Plenty of parking spaces off street - room for 4 cars. Detached Single Family Home in Front has 2 bedrooms, 1 bath and approx 874 square feet. Rear duplex contains two 1 bedroom, 1 bath units. Property is currently fully rented with solid tenants. The street has several other similar units and same Zoning BUR4* R4 (Check with the City of Burbank). Unit B was recently remodeled with new kitchen cabinets, new shower, new windows, tankless water heater, updated electrical and mini-split for heating and a/c. Unit A has newer windows and tankless water heater. Good tenants - all want to remain. Last rent increase was October 2025. Actual Rents now $1800, $1600, and $1800 - totalling $5200 / mo. Whether you're an experienced investor or just starting out, this property is a fantastic opportunity to own a piece of prime Burbank real estate. Explore the full potential that this triplex has to offer!

167 W Ash, Burbank

$2,395,000
GD26010495 MLS Active Status
Prime Burbank 6-Unit Multifamily | Strong Rental Upside | 5.7% Pro Forma Cap Located in the highly desirable City of Burbank — subject to AB 1482 with higher allowable annual rental increases than the City of Los Angeles — this pride-of-ownership six-unit multifamily property presents an exceptional value-add investment opportunity with approximately 18%+ rental upside. The property consists of six spacious 2-bedroom, 1-bath units, each featuring bright living rooms, well-sized kitchens with dining areas, generous bedrooms, and ample closet space. The building has been well maintained and includes a newer roof, partial copper plumbing, six covered parking spaces, and an on-site laundry room with owned machines. The property is separately metered for gas and electricity. Ideally situated less than one mile from Downtown Burbank, tenants enjoy convenient access to shopping, dining, cafés, entertainment, and the Burbank Town Center. The property is also in close proximity to major employment hubs including Walt Disney Studios, Warner Bros., and the city’s thriving media and technology sector, as well as award-winning Burbank schools. Commuters benefit from excellent freeway access to the 5, 134, and 2, providing direct connectivity to Glendale, Pasadena, Eagle Rock, Downtown Los Angeles, and the San Fernando Valley. This offering represents a rare opportunity to acquire a stable, well-located multifamily asset in one of Los Angeles County’s most resilient and supply-constrained rental markets. Financial Highlights (Based on New Tax Basis): • 4.9% Cap Rate | 14.79 GRM at Current Rents • 5.7% Pro Forma Cap Rate | 13.0 Pro Forma GRM

198 W Elmwood, Burbank

$1,100,000
GD26001075 MLS Active Status
Welcome to a rare opportunity to own a high-visibility property in the heart of Burbank! This single-story storefront building is hitting the market for the first time in over half a century—offering exceptional potential for both owner/users and investors. Excellent opportunity for mixed use space with both living and work areas in one! With excellent street exposure, ample signage opportunities, and a flexible floor plan, this property is ideal for a wide range of business types seeking maximum visibility in one of Los Angeles County’s most vibrant commercial corridors. Property Highlights: • 3 spacious offices (1,147 square feet) • Large kitchen • 2 bathrooms (½ bath & ¾ bath) • Robust private outdoor patio • Storage room/Warehouse (504 square feet) • Oversized 2-car garage with alley access • Fully fenced property for privacy and security. Location, Location, Location: Situated near major entertainment and corporate landmarks including Warner Bros. Studios, Universal Studios, The Walt Disney Company, Nickelodeon Studios, and the Burbank Empire Center. Just minutes from Burbank Airport and approximately 12 miles from Downtown Los Angeles, this property provides unbeatable access and convenience. (Office space: 1,147 square feet, garage/warehouse space: 504 square feet). Additional Details: • Permits available upon request Don’t miss this exceptional opportunity to secure a prime Burbank address with unbeatable visibility and long-term value potential! Buyer to do their own due diligence to satisfy themselves of the property condition, zoning, and uses.

2304 2306 W Burbank Boulevard, Burbank

$2,295,000
6 Beds 6 Baths 24347833 MLS Active Under Contract Status
Welcome to 2924 West Riverside Drive, Burbank, CA! This property offers a remarkable opportunity for those seeking a prime investment in the heart of Burbank. In the sought-after Rancho District, this property boasts a total of 6 units (each its own bungalow with month-to-month tenants). This 3449 square foot gem is a rare find in today's market; each unit features one bedroom and one bathroom private casita, providing comfortable, convenient, and private living spaces for tenants. The property sits on a generous lot of almost 12k sq ft lot, offering ample outdoor space. Two 2-car garages add further value to the property, presenting the potential for additional dwelling units (ADUs) or providing secure parking for tenants. Conveniently located in Burbank, residents will enjoy easy access to a wide array of amenities, entertainment, and dining options including walking distance to Disney and WB Studios, Rancho Equestrian Facilities, and the Toluca Village. The bustling city of Burbank provides a vibrant backdrop for this property, with its thriving community and proximity to major attractions. Investors and homeowners alike will be drawn to the potential of this property, whether seeking a solid rental income or the opportunity to customize the space to their liking. Don't miss out on this chance to own a piece of prime real estate in Burbank. With its desirable location, spacious lot, and potential for expansion, 2924 West Riverside Drive is an exceptional opportunity not to be missed. Schedule a viewing today and explore the possibilities that this property has to offer!

2924 W Riverside Drive, Burbank

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.