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$7,850,000

$7,200Reward *

1819 W Alameda Avenue, Burbank, CA 91506Listing ID 26865431

1819 W Alameda Avenue, Burbank, CA 91506

Active

Time on site: 14 days • Last updated: 5 days ago

Property Type

Residential Income

Property Sub Type

Bedrooms

Bathrooms

Square Feet

19,358

Acres

0.37

Days on Site

Heating

Central

Listing provided by Douglas Steinriede • Dover Management Corp., (818) 843-5200

Market Report for 91506

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

CLW-X44193

1819 W. Alameda Ave is offered at a 6.20% cap rate and comprises 20 units in Burbank's Rancho Adjacent neighborhood, near the center of the city between Verdugo and Alameda Avenues. The unit mix includes 16 two-bedroom/two-bathroom units and 4 two-bedroom/one-bathroom units, 11 of which have already been remodeled giving new ownership a clear value-add roadmap: renovate the remaining nine units to bring them to market rent and capture the property's approximately 15% loss to lease by filling existing vacancies. Additional upside exists in monetizing the property's 40 parking spaces, which currently sit unrented.

Property Information

Property Details

Location

Address

1819 W Alameda Avenue

County

Los Angeles

City

Burbank

Zip Code

91506

MLS Area

610 - Burbank

Interior Features

Beds and Baths

Bedrooms

Building

Building Information

Square Feet

19,358

Year Built

1986

Financial

Special Conditions

Standard