- 10 Beds
- 8 Baths
- 6,001 Sqft
- .21 Acres
324 Santa Anita Avenue
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.
Essential Information
- MLS® #25548145
- Price$3,090,000
- Bedrooms10
- Bathrooms8.00
- Square Footage6,001
- Acres0.21
- Year Built1957
- TypeResidential Income
- StatusActive
Community Information
- Address324 Santa Anita Avenue
- Area610 - Burbank
- CityBurbank
- CountyLos Angeles
- Zip Code91502
Amenities
- Parking Spaces8
- ParkingDoor-Multi, Garage
- GaragesDoor-Multi, Garage
Interior
- AppliancesMicrowave
- HeatingCentral
- CoolingCentral Air
- # of Stories2
- StoriesTwo
Additional Information
- Date ListedJune 3rd, 2025
- Days on Market88
- ZoningBUR4*
Listing Details
- AgentErrol Spiro
- OfficeMiller & Desatnik Realty Co.
Price Change History for 324 Santa Anita Avenue, Burbank, (MLS® #25548145)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $3,190,000 to $3,090,000 | ||
| Price Reduced from $3,300,000 to $3,190,000 |
Errol Spiro, Miller & Desatnik Realty Co..
Based on information from California Regional Multiple Listing Service, Inc. as of August 30th, 2025 at 6:56am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.