Financial
Distress signals
Property profile

324 E Santa Anita Ave Burbank, CA 91502

FOR SALE
Other apartment buildings
Property ID
US09-6395306
6,001 SF 0.21 ac lot Built 1957
Last sale Apr 2017 · $2,280,000
Trust Owned Owner of record is a trust. 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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324 E Santa Anita Ave, Burbank, CA 91502 For Sale
$2,850,000 6,001 SF
324 E Santa Anita Ave, Burbank, CA 91502
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Property summary

AI-generated overview

The E. Santa Anita Ave Residences are a multifamily property located just south of Glenoaks Blvd in Burbank. Built in 1957, the building contains approximately 6,001 sq. ft. and is situated on an approximately 8,978 sq. ft. lot. The property is configured as eight units: six 1-bedroom/1-bath units and two 2-bedroom/1-bath units. Interior features include modernized finishes such as stainless-steel appliances, wood flooring, and upgraded bathroom vanities. Major system work has included

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$30k
Tax billed · 2024
Assessed value$2.59M
Assessed land$1.05M
Assessed improvement$1.55M
Effective rate1.14%

Value estimate

· Sep 2026
$2.18M
$1.96M – $2.40M
AI approach$2.19M
Sales comparison$2.49M
NOI build-up
Gross scheduled income$13.60M
Vacancy & credit loss−$95k
Operating expenses−$6.08M
NOI · 260.58% cap applied$7.43M

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$281/SF
ZIP average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$139 – $415
Qualifying comparables16

Cap rate analysis

How does the asset earn?
260.58%
$7.43M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BUR4*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Bed & Breakfast
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bed & Breakfast8.5
Tattoo & Piercing Shop8.4
Bike Shop7.6

Location

324 E Santa Anita Ave Burbank, CA 91502
County assessor Recorded deeds · 8 transfers 16 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
268 Providencia, Burbank, CA 91502-1434 $2,200,000 Mar 2025 4,758 SF
325 Verdugo, Burbank, CA 91502-1350 $2,072,000 May 2024 4,856 SF
328 Tujunga, Burbank, CA 91502-2904 $2,900,000 Jan 2024 6,646 SF
336 Providencia, Burbank, CA 91502-1487 $7,050,070 Jun 2023 6,975 SF
342 Providencia, Burbank, CA 91502-1488 $7,050,070 Jun 2023 6,975 SF
248 Elm, Burbank, CA 91502-2596 $425,000 Mar 2023 7,656 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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