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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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140 Pass Avenue, Burbank – $2,399,900

  • 6 Beds
  • 5 Baths
  • 4,077 Sqft
  • .13 Acres
  • 6 Beds
  • 5 Baths
  • 4,077 Sqft
  • .13 Acres

140 Pass Avenue

Exceptional Investment Opportunity in the Heart of Burbank. This well-maintained 5-unit property features a desirable front owner's unit and a two-story rear building with four additional rental units. Amenities include five garage parking spaces, one uncovered parking spot, and an on-site laundry room, ideal for both tenant convenience and additional income potential. Perfectly located near Warner Bros. and NBC Studios and just 15 minutes from Universal Studios. The front unit is a prime candidate for Airbnb or short-term rentals, offering significantly higher revenue compared to traditional annual leasing. The property underwent extensive renovations in 2022 and 2023, including a new roof on units and garages and new dual-pane windows in most units (except one). The current leases remain in place through August 31, 2025, the owner unit's rent based on AirBNB income, at which time rents can be adjusted by California's rent control guidelines. Bonus income potential: The new owner can increase revenue through separate charges for garage parking and storage. With rent increases taking effect, coupled with low building expenses and minimal maintenance, this property has the potential to achieve a cap rate exceeding 5.5%.

Essential Information

  • MLS® #25555629
  • Price$2,399,900
  • Bedrooms6
  • Bathrooms5.00
  • Square Footage4,077
  • Acres0.13
  • Year Built1941
  • TypeResidential Income
  • StatusActive

Community Information

  • Address140 Pass Avenue
  • Area610 - Burbank
  • CityBurbank
  • CountyLos Angeles
  • Zip Code91505

Amenities

  • Parking Spaces6
  • # of Garages5
  • ViewCity Lights
  • PoolNone

Parking

Door-Multi, Door-Single, Garage, One Space, On Street

Garages

Door-Multi, Door-Single, Garage, One Space, On Street

Interior

  • InteriorLaminate
  • Interior FeaturesCrown Molding
  • HeatingNatural Gas
  • FireplaceYes
  • FireplacesBath, Living Room, Kitchen
  • # of Stories2
  • StoriesTwo

Appliances

Disposal, Gas Range, Refrigerator

Exterior

  • ExteriorStucco
  • Lot DescriptionRectangular Lot
  • RoofComposition, Shingle
  • ConstructionStucco

Additional Information

  • Date ListedJune 20th, 2025
  • Days on Market71
  • ZoningBUR4*

Listing Details

  • AgentSomboon Nakorn
  • OfficeKeller Williams Glendale
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Somboon Nakorn, Keller Williams Glendale.

Based on information from California Regional Multiple Listing Service, Inc. as of August 30th, 2025 at 3:45am 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.