1819 W Alameda Avenue, Burbank, CA 91506

Burbank
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
1819 W Alameda Avenue,Burbank, CA 91506
$7,850,000
  • 40 Beds
  • 40 Baths
  • 19,358 sq. ft.
  • Multi-family
  • Active
Listed by: douglas steinriede
Office: dover management corp.818-843-5200
MLS#:26865431
Source:CRMLS

Price summary

  • Price:$7,850,000
  • Price per sq. ft.:$405.52

About this home

1819 W. Alameda Ave is offered at a 6.20% cap rate and comprises 20 units in Burbank's Rancho Adjacent neighborhood, near the center of the city between Verdugo and Alameda Avenues. The unit mix includes 16 two-bedroom/two-bathroom units and 4 two-bedroom/one-bathroom units, 11 of which have already been remodeled giving new ownership a clear value-add roadmap: renovate the remaining nine units to bring them to market rent and capture the property's approximately 15% loss to lease by filling existing vacancies. Additional upside exists in monetizing the property's 40 parking spaces, which currently sit unrented.

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Home facts

  • Year built:1986
  • Listing ID #:26865431
  • Added:54 day(s) ago
  • Updated:September 21, 2026 at 11:04 AM

Rooms and interior

  • Bedrooms:40
  • Total bathrooms:40
  • Kitchen Description:Refrigerator
  • Living area:19,358 sq. ft.

Heating and cooling

  • Heating:Central

Structure and exterior

  • Year built:1986
  • Building area:19,358 sq. ft.
  • Lot area:0.37 Acres

Finances and disclosures

  • Price:$7,850,000
  • Price per sq. ft.:$405.52

Features and amenities

  • Appliances:Dryer, Washer
  • Laundry features:Dryer, Stacked, Washer
  • Amenities:Ceiling Fans

Parking

  • Total parking spaces:40
  • Parking description:Underground
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