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

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 Market59

Property Features for 652 N Whitnall Hwy

General Information

Standard status Active
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: Aug 25 Last Checked: Sep 2 at 9:02PM

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

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

Current Use

Apartment buildings

Suggested Use

Top Pick Food Market (Bike/Boat/Book/etc) Store Grocery & Convenience Store Storage Facility Butcher Pet Store

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

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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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
More about this property
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