Renovated 8-Unit Apartment
New
For Sale
$2,850,000
324 E Santa Anita Ave, Burbank, CA 91502
Updated residences offer wood flooring, upgraded bathrooms, and stainless steel appliances.
Property Size6,001 SF
Lot Size0.21 Acres
Price / SF$474.92
Days on Market2
Property Features for 324 E Santa Anita Ave
General Information
Standard status
Active
Size
6,001 SF
Lot size
0.21 Acres
Property subtype
Commercial
Financials
Gross Income
$176,748
Gross Rent Multiplier
16.12
Units
Unit Mix
2 x 2BR/1BA, 6 x 1BR/1BA
Multifamily Units
8
Building Details
Building Size
6,001 SF
Year Built
1957
Buildings
1
Listed By:
Kate Marsh-Pokras
(805) 558-9677
Source:
Elliman
Added: Sep 4
Last Checked: Sep 4 at 3:15PM
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 Kate Marsh-Pokras
Investment Insights
Based on property information with market context.
This 8-unit apartment building contains 6,001 square feet on an 8,978-square-foot lot and was built in 1957. The unit mix includes two 2-bedroom/1-bathroom residences and six 1-bedroom/1-bathroom residences. Renovations include wood flooring, upgraded bathrooms, and stainless steel appliances throughout the units.
The property is at 324 E Santa Anita Ave in Burbank, just south of Glenoaks Blvd. Shopping, dining, entertainment, and major studios are nearby, while the location carries a walk score of 84, a bike score of 55, and a transit score of 48. Financial metrics include a GRM of 16.12 and a cap rate just under 5%.
The property is at 324 E Santa Anita Ave in Burbank, just south of Glenoaks Blvd. Shopping, dining, entertainment, and major studios are nearby, while the location carries a walk score of 84, a bike score of 55, and a transit score of 48. Financial metrics include a GRM of 16.12 and a cap rate just under 5%.
Key Highlights
- 8 units with 2 two‑bedroom/1 bathroom units and 6 one‑bedroom/1 bathroom units
- 6001 sq ft building on an 8978 sq ft lot
- Unit renovations include wood flooring, upgraded bathrooms, and stainless steel appliances
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
3,966
Businesses Nearby
Explore this area
Business Placement
Demographics for 91502, CA
11,665
Population
5,734
Households
2
Avg Household Size
39
Median Age
43%
College-Educated
87%
High-School Grad
1.3 sq mi
ZIP Area
8,973
Density / Sq Mi
$61,443
Median Household Income
$46,046
Median Earnings
$1,899
Median Rent
$946,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated residences offer wood flooring, upgraded bathrooms, and stainless steel appliances.
Where is this apartment building located?
The property is located at 324 E Santa Anita Ave Burbank, CA.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: 8 units with 2 two‑bedroom/1 bathroom units and 6 one‑bedroom/1 bathroom units; 6001 sq ft building on an 8978 sq ft lot; Unit renovations include wood flooring, upgraded bathrooms, and stainless steel appliances
