CA > Burbank
Burbank, CA 91502,324 E Santa Anita Ave
Burbank, CA 91502,324 E Santa Anita Ave
Burbank, CA 91502,324 E Santa Anita Ave
14
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$3,300,000
Est. payment /mo
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10 Beds
8 Baths
6,001 SqFt
New

324 E Santa Anita Ave Burbank, CA 91502

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Jennifer D. Holmes

Jennifer D. Holmes

+1(214) 600-2972

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,001 sqft

Price per Sqft $549

MLS Listing ID 25548145

Bedrooms 10

Year Built 1957

Lot Size 8,978 Sqft

Acres 0.2062

Property Sub-Type Multi-Family

Property Description

The E Santa Anita Ave Residences are an 8-unit apartment building located in a prime Burbank location just south of Glenoaks Blvd. The property has a highly desirable unit mix of two 2 BR + 1 Bath and six 1 BR + 1 Bath units. This two-story building is approximately 6,001 SF and sits on a large 8,978 SF lot. Seven of the eight units have received tasteful renovations with new stainless steel appliances, wood floors, and new vanities in the bathrooms. Current ownership has also completed several other capital improvements, including updating the electrical system. The Santa Anita Ave Residences were constructed in 1957 and are subject to AB 1482 rent control measures, allowing new ownership to raise rents approximately 8% each year. There is also a significant amount of upside in the rents, creating a quintessential value-add opportunity for new ownership. There are 8 onsite parking spots, with one of those spots being tandem. There is a garage at the rear of the property that can potentially be converted into an ADU unit. This is a wonderful opportunity to purchase a trophy multi-family asset in a prime Burbank location.

Location

State CA

County Los Angeles

Area Burbank

Zoning BUR4*

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment Microwave, Range/Oven

Exterior

Parking Features Garage - 2 Car

Garage Spaces 8.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Miller & Desatnik Realty Co.

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Jennifer D. Holmes

Global Real Estate Advisor

+1(214) 600-2972

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324 E Santa Anita Ave

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