242 N Cordova St Burbank, CA 91505
- Added:
- Mar 23, 2026
- Days on Market:
- 34
- Last Refresh:
- Apr 25 at 2:06 pm
Property Features for 242 N Cordova St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- BUR4*
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bedroom 4, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3
- Parking
- 3
- Parking features
- Garage
- Standard status
- Pending
- APN
- 2483-014-002
- Size
- 2,320 SF
- Lot size
- 0.15 Acres
Utilities
- Cooling system
- Wall/Window Unit(s)
Building Details
- Year built
- 1949
- Floors in Building
- 1
- Number of units
- 3
Listing agent Kenny Stevens License #01090251 (310) 968-7005
Listing office Compass 9454 Wilshire Blvd. Suite 400, Los Angeles, CA (310) 230-5478
Listing date Mar 23, 2026
MLS# 26668651
Listing URL
Copyright © 2026 The MLS/CLAW. 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 Triplex in Media District
Located in the heart of Burbank's Media District, this triplex at 242 N. Cordova St. is positioned in a quiet residential pocket just north of the 134 Freeway, approximately 0.6 miles from the core of one of Los Angeles' established entertainment employment hubs. Major studios including Warner Bros., Walt Disney Studios, and ABC Television anchor the surrounding area. The nearby Media District continues to evolve with a growing mix of restaurants, coffee shops, and neighborhood retail. The property also benefits from proximity to the Burbank Portfolio, a 3.2M+ SF collection of Class A office buildings housing major tenants. The property is fully occupied, offering stable in-place income while presenting a clear path to future rent growth. The asset is comprised of one 2-bedroom unit and two 1-bedroom units arranged in a low-density, bungalow-style layout that emphasizes privacy, separation, and a residential living experience. Set along a tree-lined street, the property blends naturally into its surrounding neighborhood, with mature landscaping, open lawn space, and spacing between units. At the rear of the property is a detached structure featuring three individual one-car garages, along with additional driveway and surface parking. The garage configuration may present future ADU potential, subject to buyer verification. Additional amenities include a private front lawn and shared outdoor areas, while the units are separately metered for gas and electricity. The property is situated on a lot of 0.152 acres and the building size is 2320 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Burbank
- County
- Los Angeles
- State
- California
- Longitude
- -118.339782
- Latitude
- 34.156141
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Triplex in Burbank's Media District with income and growth potential.
Where is this triplex located?
The property is located at 242 N Cordova St Burbank, CA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Prime location in Burbank's Media District, near major studios and the Burbank Portfolio.; Significant rental upside (approx. 72%), projecting a 5.70% CAP and 12.19 GRM at market rents.; Fully occupied triplex providing stable income.
