1120 East Avenue, Burbank, California 91504, Burbank, 91504 - 0 bed, 0 bath
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Burbank, California 91504
Analysis of 1120 East Avenue, Burbank, California 91504 is currently available with a list price of $1,750,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Burbank Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1951, the property is well-maintained but dated. While it features essential structural upgrades like a 3-year-old roof, copper plumbing, and newer windows, the interiors are significantly aged. Kitchens feature refaced cabinets with older tile countertops, bathrooms retain vintage tiling, and the HVAC systems (wall heaters/window AC) are dated, fitting the criteria for a property over 20 years old needing modernization.
Situated 'Above Glenoaks' in the highly desirable Burbank Hills, this property offers a quiet, single-family neighborhood atmosphere while maintaining proximity to top-rated schools, shopping, and major freeways.
The property boasts essential upgrades including a three-year-old roof, copper plumbing, and replaced windows and doors, significantly reducing immediate maintenance concerns and capital expenditure for an investor.
With individual one-car garages for every unit, hardwood flooring, and a 'homey' landscaped aesthetic, the property is well-positioned to attract long-term tenants seeking a residential feel over a standard apartment complex.
The reliance on wall heaters and window/wall A/C units rather than modern central climate control may be a drawback for premium tenants and impacts the overall energy efficiency of the buildings.
With a total of 2,029 square feet divided among three units, the individual living spaces are relatively small, which may cap the maximum rental upside compared to larger multi-family footprints in the area.
Desirable 3 Units - Above Glenoaks Blvd! Property is well known for its character and its ideal location of being at the tail end of East Avenue and spanning over to Cornell - just above Glenoaks. Fitting in perfectly among the single family home area of Burbank Hills. Close to schools, shopping, restaurants, freeway and all Burbank has to offer. Landscaping consist of flowering seasonal trees, palm trees, and grassy areas for that real well kept "homey" feeling rather than just another apartment building. 1120 and 1122 East Avenue is 2 story. Both bottom an upstairs units consist of 1 Bedroom, 1 Bath, hardwood flooring, plenty of natural light with shared grassy yard on the side of property. 406 Cornell is 1 story consisting of 2 bedrooms and 1 bath, hardwood flooring thru-out, comfortable floor plan with French door access to a private 26 foot front balcony above garages and a cement patio in rear. All units have wall heaters and window/wall A/C units, UPGRADES consist of new 3 year old fully replaced roof, replaced windows and doors, copper plumbing, kitchens have refaced cabinets. Each unit comes with a 1 car garage and parking space in front of garage on curved stone paver driveway. There is also a common coin-op laundry room plus utility sink for all tenants convenience. A true Burbank gem.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1951 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Apr 24, 2026
$1,750,000
Initial Listing
Apr 29, 2022
$1,575,000
Public Record
Jan 21, 2005
$670,000
Public Record
Mar 1, 1999
$225,500
Public Record
Sep 24, 1998
$1,000
Public Record