
Burbank, California 91505
This Burbank 4-Unit Residential Income Property represents a Strong Value Opportunity, listed at $1,500,000—positioned well below the $1,600,830 Fair Market Value by 6%. This valuation gap offers $100,830 in Instant Equity for the savvy buyer. With a Fair Condition Rating and an As-Is status, the property features a versatile unit mix and bonus office space. It is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to modernize a well-located asset in a high-demand rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 600 N Maple Street Subject | $1,500,000* List Price | 0 | 0 | 3,388 | $472 | - |
A 4101 W National Sold | $1,560,000 | 0 | 0 | 3,812 | $409 | 0.7 mi |
B 821 N Maple Street N A Sold | $1,300,000 | 4 | 4 | 2,342 | $555 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1947, this 79-year-old property is described as well-maintained but is being sold 'AS IS.' The exterior shows multiple window AC units, indicating a lack of modern central HVAC systems. Given the age and lack of recent renovation mentions, the kitchens and baths are likely dated and require modernization.
The property features a diverse mix of 1 and 2-bedroom units plus a unique additional office space with a bathroom, offering multiple revenue streams and high tenant appeal.
Situated in a highly desirable rental market near major studios, dining, and transportation, ensuring low vacancy rates and strong long-term appreciation potential.
Includes a dedicated laundry room and a 1:1 parking ratio with a four-car attached garage, providing significant convenience that helps command premium rents.
The property is being sold in its current condition, which may necessitate immediate capital investment for repairs, modernization, or deferred maintenance.
Given the 1947 construction and the 'As-Is' sale, buyers must carefully verify permits, zoning, and unit configurations to ensure legal compliance and accurate valuation.
Burbank 4-Unit Residential Income Property | 6 Beds | 4 Baths Excellent opportunity to own a well-located residential income property in Burbank. This approximately 3,388 SF four-unit property features a desirable mix of units totaling 6 bedrooms and 4 bathrooms, with an attached garage providing 4 total parking spaces. The property consists of four residential units, including two 1-bedroom/1-bath units and two 2-bedroom units, offering a versatile unit mix. An additional office space with a bathroom and shower provides added flexibility and potential for a variety of uses. The property also includes a dedicated laundry room equipped with one washer and one dryer for resident convenience. The well-maintained layout and functional unit configurations make this an attractive opportunity for investors seeking a multifamily property in a desirable Burbank location. Conveniently situated near shopping, dining, schools, transportation, and major freeways, this property offers accessibility and long-term potential. Property will be sold AS IS. Buyer to independently verify all information, including square footage, unit configuration, permits, zoning, and parking.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,388 | 1,991.667 |
| Lot Size | 6,533 | 6,647.667 |
| Price | $1.50M | $1.27M |
| Price per sq ft | $443 | $591 |
| Built year | 1947 | 1951 |
| HOA | $0 | $0 |
| Days on market | 19 | 62 |
Aug 21, 2026
$1,500,000
Initial Listing