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324 E Santa Anita Avenue
Burbank CA 91502 US

$2,925,000

Active Listing ID 225005855
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10 bed
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11.00 Bath (10 Full , 2 Half)
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Lot: 0.21 Acres
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Other

$2,925,000

Active Listing ID 225005855
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324 E Santa Anita Avenue The E. Santa Anita Ave Residences present a rare value-add opportunity in one of Burbank's most desirable rental corridors, just south of Glenoaks Blvd. This 8-unit, 6, 001 sq. ft. building sits on an oversized 8, 978 sq. ft. lot and features an efficient mix of two 2BR/1BA units and six 1BR/1BA units. Units have already been modernized with stainless-steel appliances, wood flooring, and upgraded bathroom vanities. Ownership has also completed major system upgrades, including electrical, reducing near-term maintenance exposure for a new investor. Built in 1957, the property is subject to AB 1482, allowing approximately 8% annual rent increases. Eight parking spaces (including tandem), and a rear garage with ADU conversion potential, this asset offers multiple avenues for forced appreciation. This is an exceptional chance to acquire a trophy multifamily asset in a prime, low-vacancy Burbank neighborhood with strong long-term fundamentals. All of the units have been renovated. There are 8 parking spots. NOI is at $188, 878 running at 17% for expenses (Excluding property taxes)

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Property Features

  • Facts
  • Lot Size: 0.21 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 10
  • 1/2 Bathrooms: 2
  • Cooling System: Central Air
  • Floor Covering: Simulated wood
  • Heating Fuels: Central

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 2925000
  • unparsedaddress: 324 E Santa Anita Avenue
  • postalcity: Burbank
  • stateorprovince: CA
  • country: US
  • postalcode: 91502
  • bathroomsfull: 10
  • bathroomshalf: 2
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.21
  • lotsizeunits: Acres
  • lotsizearea: 0.21
  • livingarea: 6001
  • livingareaunits: Square Feet
  • latitude: 34.179388
  • longitude: -118.302825
  • listagentfullname: Renee Wilkins-Virella
  • listagentemail: klrw207@kw.com
  • listagentkey: 3yd-CSMAORCA-20221221233313875335000000
  • listagentmlsid: C159053357
  • listagentpreferredphone: (805) 777-7777
  • listofficekey: 3yd-CSMAORCA-20160917164813632933000000
  • listagentstatelicense: 02188375
  • listofficemlsid: CG13890001
  • disclaimer: Copyright © 2025 Conejo Simi Moorpark Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CSMAORCA
  • yearbuilt: 1957
  • listingcontractdate: 2025-11-29
  • countyorparish: Los Angeles
  • parcelnumber: 2453029008
  • cooling: Central Air
  • flooring: Simulated wood
  • heating: Central
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • rooms: Bathroom 11, Bedroom 8, Bedroom 9, Bedroom 3, Bedroom 7, Bathroom 5, Bedroom 10, Bedroom 6, Bathroom 8, Bathroom 7, Bathroom 2, Bedroom 4, Bathroom 6, Bathroom 10, Bedroom 2, Bathroom 4, Bathroom 1, Bathroom 9, Bathroom 3, Bedroom 5, Bedroom 1, Bathroom 12
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -118.302826, 34.179386
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller WIlliams Westlake Village", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"klrw207@kw.com", "ListBrokerageCity":"Weslake Village", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw207@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/CSMAORCA/377cc641f5b411e4b8abe6a4d4982cc4/20150508191449760.png", "ListBrokerageName":"Keller WIlliams Westlake Village", "ListBrokeragePhone":"(805) 777-7777", "ListBrokeragePostalCode":"91361", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2475 Townsgate Rd Ste 160", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"2475 Townsgate Rd Suite 160 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"20160917164813632933000000", "ListOfficeCity":"Westlake Village", "ListOfficeCountry":"USA", "ListOfficeEmail":"klrw207@kw.com", "ListOfficePostalCode":"91361", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Burbank, CA", "ListingURL":null, "MLSModificationTimestamp":"2025-12-08 21:41:25", "Neighborhoods":[{"Description":null, "Name":"610 - Burbank"}], "PostalCode":null, "RoomCount":8, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/17/2025 1:20:48 AM GMT
Source Updated Date: 12/18/2025 12:52:42 PM GMT

Courtesy of: Renee Wilkins-Virella, Keller Williams Westlake Village, klrw207@kw.com

Copyright © 2025 Conejo Simi Moorpark Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.