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Renovated Five-Unit Multifamily Property
For Sale
$1,649,000
Pending

652 N Whitnall Hwy, Burbank, CA 91505

Five well-maintained units with updated components, individually metered gas and electric, and on-site laundry.

Property Size3,140 SF
Days on Market107

Property Features for 652 N Whitnall Hwy

General Information

Standard status Pending
Size 3,140 SF
Total Parking Spaces 5
Property subtype Investment

Additional Details

Multifamily Units 5

Building Details

Building Size 3,140 SF
Year Built 1937
Stories 2
Units 5
Tenancy Multi
Listed By: Nicholas Baldry
Source: Elliman
Added: Jul 8 Changed: Oct 16 Last Checked: Oct 20 at 10:36PM

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 Nicholas Baldry

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Investment Insights

Based on property information with market context.

Well-maintained five-unit multifamily property offering an attractive unit mix of three 2-bedroom/1-bath units, one 1-bedroom/1-bath unit, and one studio. The current ownership has completed significant capital improvements, including a soft-story seismic retrofit and reroofing, with additional substantial unit renovations during ownership. Each unit has individually metered gas and electric service, and the property includes on-site laundry facilities and one assigned parking space per unit.

The building is located in a Burbank rental corridor with convenient access to major employment centers, transportation corridors, shopping, dining, and entertainment.

With a manageable five-unit footprint, the property is designed for straightforward operation and offers in-place rental income with updates intended to help reduce near-term capital expenditure concerns.

Key Highlights

  • 5‑unit multifamily property with a mix of three 2BD/1BA units, one 1BD/1BA unit, and one studio
  • Ownership completed a soft‑story seismic retrofit and reroofing to help reduce near‑term capital expenditure concerns
  • Individually metered gas and electric for the units

Property Analytics

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Lease Details

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,855
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
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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 - Five well-maintained units with updated components, individually metered gas and electric, and on-site laundry.
Where is this apartment building located?
The property is located at 652 N Whitnall Hwy Burbank, CA.
What is the asking price?
The asking price for this property is $1,649,000.
What are key features of this property?
This property features: 5‑unit multifamily property with a mix of three 2BD/1BA units, one 1BD/1BA unit, and one studio; Ownership completed a soft‑story seismic retrofit and reroofing to help reduce near‑term capital expenditure concerns; Individually metered gas and electric for the units
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