Search
44-Unit Multifamily Community
For Sale
Contact for pricing
Pending

470 E Angeleno Ave, Burbank, CA 91501

Built in 1964, this 44-unit building includes covered parking, on-site laundry, and an elevator-served central corridor.

Property SizeContact for details
Lot Size0.73 Acres
Days on Market110

Property Features for 470 E Angeleno Ave

General Information

Standard status Pending
Lot size 0.73 Acres
Property subtype Multifamily

Additional Details

Multifamily Units 44

Amenities

secure access
elevator
on-site laundry facilities
covered parking
courtyard

Building Details

Year Built 1964
Listing Agency: Marcus & Millichap - Los Angeles
Listed By: Robert Narchi · License #01324570
Source: Crexi
Added: Apr 24 Changed: Aug 8 Last Checked: Aug 10 at 11:00AM

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 Marcus & Millichap - Los Angeles

Investment Insights

Based on property information with market context.

Marcus & Millichap presents the opportunity to acquire a 44-unit multifamily community built in 1964. The property offers a mix of one- and two-bedroom floor plans, with many units described as updated with modern finishes, hardwood-style flooring, and stainless steel appliances. The building is set on a 10.73-acre parcel and features secure access, an elevator-served central corridor, on-site laundry facilities, covered parking, and an attractive courtyard with mature landscaping. Units are separately metered for gas and electricity.

The property is located at 470 E Angeleno Avenue in Burbank, positioned about two blocks from Downtown Burbank and within walking distance to shopping, dining, entertainment, and major employment centers.

According to the seller, current rents are approximately 15–20% below market, creating an opportunity through turnover and light unit renovation.

Key Highlights

  • 44‑unit multifamily building at 470 East Angeleno Avenue in Burbank, built in 1964
  • Mix of 1- and 2‑bedroom units with spacious floor plans averaging 875 SF
  • Secure access building with elevator‑served central corridor and on‑site laundry

Property Analytics

Current Use

Hillside Apartments Apartment Building Burbank Decks & Pergolas Construction Company

Suggested Use

Top Pick Tattoo & Piercing Shop Pet Grooming Service Bed & Breakfast (Bike/Boat/Book/etc) Store Barber Shop 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

44
Residential units

Location Intelligence

Trade Area within ½ mile

3,462
Businesses Nearby

Demographics for 91501, CA

21,157
Population
8,510
Households
2.5
Avg Household Size
40
Median Age
44%
College-Educated
89%
High-School Grad
2.7 sq mi
ZIP Area
7,836
Density / Sq Mi
$85,419
Median Household Income
$55,290
Median Earnings
$2,070
Median Rent
$1,011,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Built in 1964, this 44-unit building includes covered parking, on-site laundry, and an elevator-served central corridor.
Where is this apartment building located?
The property is located at 470 E Angeleno Ave Burbank, CA.
What are key features of this property?
This property features: 44‑unit multifamily building at 470 East Angeleno Avenue in Burbank, built in 1964; Mix of 1- and 2‑bedroom units with spacious floor plans averaging 875 SF; Secure access building with elevator‑served central corridor and on‑site laundry
(310) 909-5500 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message