14-Unit Two-Story Apartment
For Sale
$5,250,000
2005 Grismer Avenue, Burbank, CA 91504
Uniform two-bedroom residences support consistent leasing and day-to-day property operations across the community.
Property Size11,334 SF
Lot Size0.26 Acres
Price / SF$463.21
Days on Market134
Property Features for 2005 Grismer Avenue
General Information
Standard status
Active
Size
11,334 SF
Net Rentable
11,334 SF
Lot size
0.26 Acres
Property subtype
Multi-family
Zoning
BUR4
Occupancy
100%
Units
Unit Mix
14 x 2BR/2BA
Multifamily Units
14
Additional Details
Average Monthly Rent
$2,203
Road Access
Yes
Amenities
on-site laundry
Building Details
Year Built
1987
Buildings
1
Stories
2
Listing Agency:
Marcus & Millichap
Listed By:
Filip Niculete · License #(S):CA:01905352
(818) 357-9525
Source:
Sevengables
Added: Jun 8
Changed: Oct 16
Last Checked: Oct 16 at 9:33AM
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
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Investment Insights
Based on property information with market context.
This two-story apartment building contains 14 residences, each configured with two bedrooms and two bathrooms. Built in 1987 on an 11,440-square-foot lot, the property provides 11,334 square feet of rentable area and carries BUR4 zoning. The uniform unit mix creates a consistent operating profile across the asset, while on-site laundry service is provided through a contracted vendor. The property is reported as 100% occupied on the May 2026 rent roll.
The community is identified at 2001 and 2005 Grismer Avenue in Burbank’s 91504 ZIP code. It sits on a quiet residential street within walking distance of retail and services along N Glenoaks Boulevard. The location also provides access to the Burbank Media District, studio employment, healthcare, and professional-service centers throughout Los Angeles County. Management is provided by OPEL Management Service.
The community is identified at 2001 and 2005 Grismer Avenue in Burbank’s 91504 ZIP code. It sits on a quiet residential street within walking distance of retail and services along N Glenoaks Boulevard. The location also provides access to the Burbank Media District, studio employment, healthcare, and professional-service centers throughout Los Angeles County. Management is provided by OPEL Management Service.
Key Highlights
- 14‑unit apartment building with 11,334 square feet of rentable area
- All units are configured as two‑bedroom/two‑bathroom residences
- Built in 1987 on an 11,440‑square‑foot lot
Property Analytics
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Current Use
Lease Details
14
Residential units
100%
Occupancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,291
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Uniform two-bedroom residences support consistent leasing and day-to-day property operations across the community.
Where is this apartment building located?
The property is located at 2005 Grismer Avenue Burbank, CA.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: 14‑unit apartment building with 11,334 square feet of rentable area; All units are configured as two‑bedroom/two‑bathroom residences; Built in 1987 on an 11,440‑square‑foot lot
