2250 N Fairview Street, Burbank, California 91504, Burbank, 91504 - 0 bed, 0 bath
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Burbank, California 91504
Analysis of 2250 N Fairview Street, Burbank, California 91504 is currently available with a list price of $3,195,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1990, the property is over 30 years old with no mention of major renovations. Interior images reveal dated features such as popcorn ceilings and basic carpeting, indicating that kitchens, bathrooms, and mechanical systems likely require significant modernization to meet current standards.
The property features a versatile mix of studio, one, two, and three-bedroom units, which appeals to a broad tenant base and minimizes vacancy risks through rental stability.
With 14 community parking spaces for 9 units, the property offers a highly valuable amenity that significantly enhances marketability and tenant retention in a high-demand area.
Built in 1990, this property benefits from newer architectural design and systems compared to older Burbank inventory, likely reducing immediate maintenance and seismic retrofit concerns.
The list price of $3,195,000 represents a high price-per-unit and price-per-square-foot, which may result in a lower initial cap rate for investors in the current interest rate environment.
The 6,744 square foot lot is largely utilized by the existing structure and required parking, leaving minimal space for additional amenities or the construction of Accessory Dwelling Units (ADUs).
Prime Burbank Multifamily Investment Opportunity! Located in one of Burbank's most desirable residential neighborhoods, this well maintained 9 unit apartment building offers approximately 5,584 square feet of living space and an attractive, diverse unit mix designed to appeal to a broad tenant base. The property consists of one studio unit, three 1 bedroom 1 bath units, four 2 bedroom 2 bath units, and one spacious 3 bedroom 2 bath unit, providing excellent rental stability and income potential. Constructed with a newer building design, the property features an attractive exterior, clean architectural lines, wide common access walkways, and a desirable layout. Many units offer bright and functional floor plans, spacious living areas, well appointed kitchens, generous bedrooms, and ample storage. Residents enjoy the convenience of 14 community parking spaces, a highly valuable amenity in today's rental market. Ideally situated near major employment centers, shopping, dining, entertainment, parks, and transportation options, this investment benefits from Burbank's strong rental demand and desirable community atmosphere. Whether you are seeking a stable income producing asset or a long term value add opportunity, this exceptional multifamily property offers the perfect combination of location, unit mix, parking, and investment potential.
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 | 1990 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Jun 4, 2026
$3,195,000
Initial Listing
Oct 19, 2021
$2,800,000
Public Record
Mar 24, 2000
$538,000
Public Record