Search
8-Unit Renovated Apartment Building
For Sale
$2,850,000

324 E Santa Anita Avenue, Burbank, CA 91502

Commercial Sale, Burbank, CA

Property Size6,001 SF
Lot Size0.21 Acres
Price / SF$474.92
Days on Market47

Property Features for 324 E Santa Anita Avenue

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 10
Full bathrooms 10
Rooms Bathroom 10, Bathroom 8, Bathroom 5, Bathroom 9, Bathroom 2, Bathroom 6, Bathroom 7, Bathroom 4, Bathroom 1, Bathroom 3
Subdivision 610 - Burbank
Standard status Active
APN 2453029008
Size 6,001 SF
Lot size 0.21 Acres

Building Details

Year built 1957
Floors in Building 2
Listing Agency: Keller Williams Westlake Village · Keller Williams Realty
Listed By: Renee Wilkins-Virella · License #02188375
Added: Sep 3 Changed: Oct 18 Last Checked: Oct 19 at 12:06AM
MLS# 226004193

Copyright © 2026 Conejo Simi Moorpark Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

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. The unit mix includes two two-bedroom, one-bath apartments and six one-bedroom, one-bath apartments. Built in 1957, the property has undergone recent renovations throughout, including wood flooring, updated bathrooms, and stainless steel appliances.

The property is located at 324 E Santa Anita Avenue in Burbank, just south of Glenoaks Blvd. Shopping, dining, entertainment, and major studios are located nearby, providing convenient access to everyday services and employment destinations. Financial metrics include a 5.4% cap rate and a 14.09 GRM.

Key Highlights

  • 8‑unit apartment building with 6,001 square feet
  • Unit mix includes 2 two‑bedroom/1 bathroom units and 6 one‑bedroom/1 bathroom units
  • Situated on an 8,978‑square‑foot lot

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Apartment buildings

Suggested Use

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

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

3,966
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Renovated multifamily property with a balanced mix of one- and two-bedroom apartments near shopping, dining, and major studios.
Where is this apartment building located?
The property is located at 324 E Santa Anita Avenue 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‑unit apartment building with 6,001 square feet; Unit mix includes 2 two‑bedroom/1 bathroom units and 6 one‑bedroom/1 bathroom units; Situated on an 8,978‑square‑foot lot
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
Why this one?
Saved
Reason not saved — we won't ask again