2005 Grismer Avenue, Burbank, CA 91504

Burbank
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
2005 Grismer Avenue,Burbank, CA 91504
$5,350,000
  • 28 Beds
  • 28 Baths
  • 11,334 sq. ft.
  • Multi-family
  • Active
Listed by: filip niculete, glen scher
Office: marcus & millichap818-212-2700
MLS#:26852909
Source:CRMLS

Price summary

  • Price:$5,350,000
  • Price per sq. ft.:$472.03

About this home

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 configured, 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 11,325 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...

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Home facts

  • Year built:1987
  • Listing ID #:26852909
  • Added:47 day(s) ago
  • Updated:August 13, 2026 at 11:08 AM

Rooms and interior

  • Bedrooms:28
  • Total bathrooms:28
  • Kitchen Description:Dishwasher, Microwave
  • Living area:11,334 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1987
  • Building area:11,334 sq. ft.
  • Lot area:0.26 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$5,350,000
  • Price per sq. ft.:$472.03

Features and amenities

  • Appliances:Dishwasher
  • Amenities:Ceiling Fans

Parking

  • Parking description:Covered
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