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Burbank Four-Unit Multifamily Property
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723 E Tujunga Avenue, Burbank, CA 91501

Four units in a desirable Burbank rental market.

Property Size4,668 SF
Lot Size0.18 Acres
Price / SF$519.49
Days on Market178

Property Features for 723 E Tujunga Avenue

General Information

Standard status Active
Size 4,668 SF
Lot size 0.18 Acres
Property subtype Multifamily
Zoning Assessor
Net Operating Income $123,689

Building Details

Year Built 1970
Buildings 2
Stories 2
Units 4
Listing Agency: Equity Union
Listed By: Cindy Hill · License #CA 00885625
Source: Crexi
Added: Feb 17 Changed: Aug 8 Last Checked: Aug 8 at 6:45AM

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 Equity Union

Investment Insights

Based on property information with market context.

This four-unit property is located in Burbank, a desirable rental market known as the media capital of the world. Constructed in 1970, the building features a unit mix of four 2-bedroom, 2-bathroom units, including one house. The property has a total of 4,668 rentable square feet and sits on a 7,750 square foot lot. Burbank is home to Disney Studios, Warner Brothers, and NBC. The city offers over 80 restaurants, 30 movie screens, and 200 stores. Residents benefit from top-ranked schools, convenient access to the 5 and 134 freeways, and close proximity to the Burbank Metro Link.

Key Highlights

  • Prime Burbank Location: The 'Media Capital of the World' ensures a highly desirable rental market.
  • Strong Rental Potential: Features (4) 2+2 units, including a house, providing diverse rental options.
  • Sizeable Property: 4,668 rentable square feet on a 7,750 square foot lot.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Tattoo & Piercing Shop Pet Grooming Service Mobile Phone Store Barber Shop Fish Market (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

201
Businesses Nearby

Demographics for 91501, CA

21,157
Population
8,510
Households
2.5
Avg Household Size
40
Median Age
44%
College-Educated
89%
High-School Grad
2.7 sq mi
ZIP Area
7,836
Density / Sq Mi
$85,419
Median Household Income
$55,290
Median Earnings
$2,070
Median Rent
$1,011,600
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?
Quadplex - Four units in a desirable Burbank rental market.
Where is this quadplex located?
The property is located at 723 E Tujunga Avenue Burbank, CA.
What is the asking price?
The asking price for this property is $2,425,000.
What are key features of this property?
This property features: Prime Burbank Location: The 'Media Capital of the World' ensures a highly desirable rental market.; Strong Rental Potential: Features (4) 2+2 units, including a house, providing diverse rental options.; Sizeable Property: 4,668 rentable square feet on a 7,750 square foot lot.
(818) 640-4360 Call to check price and availability
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