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Triplex with New Roof
For Sale
$1,199,000

1988 N Ontario Street, Burbank, CA 91505

Three residential units include shared outdoor space, laundry facilities, and garage parking.

Property Size2,325 SF
Days on Market25

Property Features for 1988 N Ontario Street

General Information

Standard status Active
Size 2,325 SF
Total Parking Spaces 3
Property subtype Triplex

Units

Unit Mix 3 x 2BR/1BA
Multifamily Units 3

Amenities

community courtyard patio area
laundry room

Building Details

Building Size 2,325 SF
Year Built 1951
Buildings 1
Listing Agency: eXp Realty of Greater Los Angeles, Inc.
Listed By: Robin McCary · License #01451230
Source: Truthrealty
Added: Aug 9 Changed: Aug 31 Last Checked: Aug 31 at 9:35PM

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 eXp Realty of Greater Los Angeles, Inc.

Investment Insights

Based on property information with market context.

Built in 1951, this triplex contains three residential units, each configured with two bedrooms and one bathroom. Shared property features include a community courtyard patio, a laundry room, and three garage spaces. Recent improvements include a new roof, while the front unit has received new windows, air conditioning, and drywall.

The property is located on N Ontario Street in Burbank, near Victory Park and Providencia Elementary School. Its three-unit configuration and on-site support spaces provide a defined residential income property format with separately arranged living accommodations and shared amenities.

Key Highlights

  • Three units, each with 2 bedrooms and 1 bathroom
  • New roof completed
  • Front unit has new windows, AC, and drywall

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store Barber Shop Garden Center

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

Location Intelligence

Trade Area within ½ mile

1,248
Businesses Nearby

Demographics for 91505, CA

32,371
Population
14,258
Households
2.3
Avg Household Size
40
Median Age
47%
College-Educated
94%
High-School Grad
5.4 sq mi
ZIP Area
5,995
Density / Sq Mi
$106,364
Median Household Income
$60,859
Median Earnings
$2,284
Median Rent
$992,300
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 include shared outdoor space, laundry facilities, and garage parking.
Where is this triplex located?
The property is located at 1988 N Ontario Street Burbank, CA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Three units, each with 2 bedrooms and 1 bathroom; New roof completed; Front unit has new windows, AC, and drywall
More about this property
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