638 E Tujunga Avenue, Burbank, CA 91501

$4,700,000

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Sold Price
$4,700,000
List Price
$4,695,000
Closing Date
Mar 02, 2026
Status
CLOSED
MLS#
SR25244037
Year Built
1989
Lot Size
7,064
Acres
0.16
Lot Location
Rectangular Lot
Days on Market
80
Property Type
Multifamily
Property Sub Type
Apartment

Property Description

We are proud to represent this 8 unit apartment building in an excellent Burbank rental pocket. The building was constructed in 1989. Its unit mix consists of (8) 2-bedroom, 2.5-bathroom units, (4) of which are loft units. With a lot size of 7,064 square feet, the property has a total of 10,020 rentable square feet. The property is located in Burbank, which is a highly desirable rental market and is known as the media capital of the world. It is home to Disney Studios, Warner Brothers, and NBC. The city has over 80 restaurants, 30 movie screens, and 200 stores; its residents enjoy top ranked schools, easy access to the 5 and 134 freeways, and close proximity to the Burbank Metro Link. The building is a Burbank trophy property. Tenants enjoy mountain views, open floor plans, separate entrances, and storage rooms; units also feature fireplaces, washer and dryer hook ups, central air and heating, and outdoor patios and balconies. The building has a new roof. An astute investor will enjoy the turnkey asset, excellent unit mix, award winning schools, and improving area as rents increase over time.

Additional Information

Pool Description
None
Garage Spaces Total
16
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
8
Gross Scheduled Income
$324,600
Operating Expense
79675

Listing courtesy of Listing Agent: Cindy Hill (cindyhill@valleyapartmentsales.com) from Listing Office: Equity Union.

Listing sold by Tyson Dexter from Carnahan-Dexter Property Management Inc.

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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.