1819 W Alameda Avenue, Burbank, CA 91506 (MLS # 26865431)

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PRICE $7,850,000 dsIDX morgage calculator
BEDS 40
BATHS 40
HOME SIZE 19,358 sqft
LOT SIZE 16,279 sqft

1819 W. Alameda Ave is offered at a 6.20% cap rate and comprises 20 units in Burbank's Rancho Adjacent neighborhood, near the center of the city between Verdugo and Alameda Avenues. The unit mix includes 16 two-bedroom/two-bathroom units and 4 two-bedroom/one-bathroom units, 11 of which have already been remodeled giving new ownership a clear value-add roadmap: renovate the remaining nine units to bring them to market rent and capture the property's approximately 15% loss to lease by filling existing vacancies. Additional upside exists in monetizing the property's 40 parking spaces, which currently sit unrented.

DAYS ON MARKET 5 LAST UPDATED 7/28/2026
YEAR BUILT 1986 COMMUNITY 610 - Burbank
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
APPLIANCES Dryer, Refrigerator, Washer, Washer/Dryer Stacked
AREA 610 - Burbank
HEAT Central
INTERIOR Ceiling Fan(s)
LOT 0.3737 acre(s)
LOT DIMENSIONS 16278
PARKING Underground
STORIES Split/Multi Level
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Dover Management Corp.

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