136 N Pass, Burbank, California 91505, Burbank, 91505 - 0 bed, 0 bath
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Burbank, California 91505
Analysis of 136 N Pass, Burbank, California 91505 is currently available with a list price of $1,675,000. 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 1941, this multi-family property is described as having 'vintage infrastructure' and 'upside potential,' signaling that the interiors, including kitchens and bathrooms, likely require modernization. While the building appears well-maintained externally and is currently income-generating, the age of the structure and the mention of deferred maintenance suggest that major systems and finishes are dated and nearing the end of their functional lifespan.
Situated in the heart of Burbank near major studios like Warner Bros. and Disney, the property benefits from a high-demand rental pool and proximity to significant employment hubs.
The property presents a significant opportunity for investors to increase net operating income by implementing modern renovations and bringing below-market rents up to current standards.
Located in a supply-constrained submarket with historically low vacancy rates, this five-unit asset offers long-term stability and consistent cash flow potential.
Built in 1941, the property likely requires substantial capital expenditures for deferred maintenance or upgrades to aging mechanical, electrical, and plumbing systems.
With a 5,663 square foot lot for five units, the property has a high density that limits outdoor tenant amenities and offers little room for physical expansion or additional parking.
136–138 N Pass Avenue presents an excellent opportunity to acquire a well-located five-unit multifamily property in the heart of Burbank. This two-story building totals approximately 4,077 square feet and sits on a 5,663 square foot lot. The property offers a desirable unit mix and on-site parking, providing both stable income and potential upside in one of the most in-demand rental markets in Los Angeles County. Perfect for investors seeking consistent cash flow. • Excellent Burbank location near major studios and employment hubs • Five-unit property in a supply-constrained market • Strong rental demand and historically low vacancy rates • Upside potential in rents with future improvements • Quiet, residential neighborhood close to schools, shopping, and transit • Minutes from Warner Bros., Disney, NBC Studios, and Downtown Burbank • Easy access to the 101, 134, and 5 Freeways Centrally located just north of West Olive Avenue, this property enjoys proximity to Burbank’s thriving media district and a wide range of retail and dining options. With its convenient access to major freeways and transit routes, 136–138 N Pass Avenue offers tenants an ideal blend of neighborhood charm and commuter accessibility. Burbank remains one of Southern California’s most desirable multifamily investment markets, supported by its strong employment base and limited housing supply. Please register or request full OM with financials and Rent Roll.
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 | 1941 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Feb 6, 2026
$1,675,000
$1,795,000
-7% Price Drop
Initial Listing
Nov 13, 2025
$1,795,000
Initial Listing