324 E Santa Anita Avenue, Burbank, CA 91502
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley



324 E Santa Anita Avenue,Burbank, CA 91502
$3,090,000
- 10 Beds
- 8 Baths
- 6,001 sq. ft.
- Multi-family
- Active
Listed by:errol spiro
Office:miller & desatnik realty co.
MLS#:25548145
Source:CRMLS
Price summary
- Price:$3,090,000
- Price per sq. ft.:$514.91
About this home
The E Santa Anita Ave Residences are an 8-unit apartment building located in a prime Burbank location just south of Glenoaks Blvd. The property has a highly desirable unit mix of two 2 BR + 1 Bath and six 1 BR + 1 Bath units. This two-story building is approximately 6,001 SF and sits on a large 8,978 SF lot. Seven of the eight units have received tasteful renovations with new stainless steel appliances, wood floors, and new vanities in the bathrooms. Current ownership has also completed several other capital improvements, including updating the electrical system. The Santa Anita Ave Residences were constructed in 1957 and are subject to AB 1482 rent control measures, allowing new ownership to raise rents approximately 8% each year. There is also a significant amount of upside in the rents, creating a quintessential value-add opportunity for new ownership. There are 8 onsite parking spots, with one of those spots being tandem. There is a garage at the rear of the property that can potentially be converted into an ADU unit. This is a wonderful opportunity to purchase a trophy multi-family asset in a prime Burbank location.
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Home facts
- Year built:1957
- Listing Id #:25548145
- Added:70 day(s) ago
- Updated:August 14, 2025 at 01:38 AM
Rooms and interior
- Bedrooms:10
- Total bathrooms:8
- Living area:6,001 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Furnace
Structure and exterior
- Year built:1957
- Building area:6,001 sq. ft.
- Lot area:0.21 Acres
Finances and disclosures
- Price:$3,090,000
- Price per sq. ft.:$514.91
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