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Three-Unit Residential Income Property
For Sale
$1,649,000

1120 East Avenue, Burbank, CA 91504

Three residential units with individual 1-car garages, parking, shared laundry, and updated building components.

Property Size2,029 SF
Days on Market135

Property Features for 1120 East Avenue

General Information

Standard status Active
Size 2,029 SF
Total Parking Spaces 6
Property subtype Triplex

Additional Details

Highway Access Yes
Multifamily Units 3

Building Details

Building Size 2,029 SF
Year Built 1951
Tenancy Multi
Listing Agency: California R.E.Services
Listed By: Deborah Ivone · License #01015138
Source: Archetyperealty
Added: Apr 24 Changed: Sep 2 Last Checked: Sep 4 at 11:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of California R.E.Services

Investment Insights

Based on property information with market context.

This well-known three-unit residential income property includes two 2-story units at 1120 and 1122 East Avenue, and a separate 1-story unit at 406 Cornell. All units feature hardwood flooring and are equipped with wall heaters and window/wall A/C units. The two East Avenue units each offer 1 bedroom and 1 bath, with access to a shared grassy side yard.

The 406 Cornell unit provides 2 bedrooms and 1 bath and includes a comfortable floor plan with French door access to a private 26-foot front balcony above the garages, along with a cement patio in the rear.

The property offers coin-op common laundry along with a utility sink for tenant convenience. Parking includes a 1-car garage and a parking space in front of each garage on a curved stone paver driveway. Reported upgrades include a fully replaced roof approximately three years old, replaced windows and doors, copper plumbing, and kitchen cabinet refacing.

Key Highlights

  • 3 residential units in Burbank Hills: 1120 and 1122 East Avenue (2‑story) plus 406 Cornell (1‑story)
  • Each unit includes a 1‑car garage and parking space in front of the garage on a curved stone paver driveway
  • Unit details: 1120/1122 have 1 bed, 1 bath with hardwood floors and natural light; shared grassy side yard

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Food Market Catering Service Hotel & Motel Pet Store Pet Store & Service Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,547
Businesses Nearby

Demographics for 91504, CA

26,678
Population
10,629
Households
2.5
Avg Household Size
40
Median Age
45%
College-Educated
93%
High-School Grad
9.3 sq mi
ZIP Area
2,869
Density / Sq Mi
$103,164
Median Household Income
$57,561
Median Earnings
$2,147
Median Rent
$1,046,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three residential units with individual 1-car garages, parking, shared laundry, and updated building components.
Where is this triplex located?
The property is located at 1120 East Avenue Burbank, CA.
What is the asking price?
The asking price for this property is $1,649,000.
What are key features of this property?
This property features: 3 residential units in Burbank Hills: 1120 and 1122 East Avenue (2‑story) plus 406 Cornell (1‑story); Each unit includes a 1‑car garage and parking space in front of the garage on a curved stone paver driveway; Unit details: 1120/1122 have 1 bed, 1 bath with hardwood floors and natural light; shared grassy side yard
More about this property
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