324 E Santa Anita Avenue Burbank, CA 91502
- Added:
- Nov 29, 2025
- Days on Market:
- 122
- Last Refresh:
- Mar 31 at 9:06 pm
Property Features for 324 E Santa Anita Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 10
- Bathrooms
- 11
- Rooms
- Bathroom 9, Bathroom 8, Bedroom 8, Bathroom 5, Bathroom 3, Bedroom 4, Bathroom 12, Bedroom 5, Bedroom 7, Bathroom 11, Bedroom 3, Bedroom 6, Bedroom 10, Bathroom 1, Bedroom 9, Bathroom 10, Bathroom 7, Bedroom 1, Bathroom 6, Bedroom 2, Bathroom 2, Bathroom 4
- Standard status
- Active
- APN
- 2453029008
- Size
- 6,001 SF
- Lot size
- 0.21 Acres
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1957
- Floors in Building
- 2
- Number of units
- 8
- Flooring type
- Simulated wood
Listing agent Renee Wilkins-Virella License #02188375 (805) 777-7777
Listing office Keller Williams Westlake Village 2475 Townsgate Rd Suite 160, Weslake Village, CA (805) 777-7777
Listing date Nov 29, 2025
MLS# 225005855
Listing URL
Copyright © 2026 Conejo Simi Moorpark Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Burbank Multifamily Value-Add Opportunity
The E. Santa Anita Ave Residences offer a value-add opportunity in Burbank, situated just south of Glenoaks Blvd. The 6,001 sq. ft. building contains eight units and sits on an 8,978 sq. ft. lot. The unit mix features two 2BR/1BA units and six 1BR/1BA units. The units have been modernized with stainless-steel appliances, wood flooring, and upgraded bathroom vanities. Major system upgrades, including electrical, have been completed. Constructed in 1957, the property is subject to AB 1482, allowing approximately 8% annual rent increases. The property includes eight parking spaces (including tandem), and a rear garage with ADU conversion potential. The property is located in a low-vacancy Burbank neighborhood. All of the units have been renovated. The NOI is at $188,878 with expenses running at 17% (excluding property taxes).
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Burbank
- County
- Los Angeles
- State
- California
- Longitude
- -118.302825
- Latitude
- 34.179388
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Eight-unit multifamily property in a desirable Burbank rental corridor.
Where is this apartment building located?
The property is located at 324 E Santa Anita Avenue Burbank, CA.
What is the asking price?
The asking price for this property is $2,925,000.
What are key features of this property?
This property features: Value‑add opportunity in a desirable Burbank rental corridor, south of Glenoaks Blvd.; Significant system upgrades completed (electrical), reducing near‑term maintenance.; High NOI of $188,878 with low expense ratio (17% excluding property taxes).
