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3650 W Clark Ave - 3650 W. Clark Ave. 5 Unit Apartment Building Offered at $2,149,000 at a 5.08% Cap Rate Burbank, CA 91505
Executive Summary
Discover an exceptional investment opportunity in the heart of Magnolia Park, one of Burbank’s most sought-after neighborhoods - close to Whitnall Highway Park and 1 block away from highly rated Roosevelt Elemtary School. This well-maintained 5-unit building offers spacious, oversized units in a desirable all-electric property, ideal for modern, efficient living.
Tenants enjoy the convenience of off-street parking along with close proximity to major studios, making this location especially appealing to entertainment professionals. Just moments away, Magnolia Park’s vibrant mix of popular restaurants, charming cafés, and unique boutique shops creates a lively, walkable community atmosphere. Renowned local favorites like Porto’s Bakery are nearby, adding to the area’s strong tenant appeal.
With easy access to public transportation and major commuter routes, this property combines comfort, convenience, and long-term rental demand. Whether you’re expanding your portfolio or securing a stable income-producing asset, this Magnolia Park gem delivers on location, lifestyle, and value.
Tenants enjoy the convenience of off-street parking along with close proximity to major studios, making this location especially appealing to entertainment professionals. Just moments away, Magnolia Park’s vibrant mix of popular restaurants, charming cafés, and unique boutique shops creates a lively, walkable community atmosphere. Renowned local favorites like Porto’s Bakery are nearby, adding to the area’s strong tenant appeal.
With easy access to public transportation and major commuter routes, this property combines comfort, convenience, and long-term rental demand. Whether you’re expanding your portfolio or securing a stable income-producing asset, this Magnolia Park gem delivers on location, lifestyle, and value.
Data Room Click Here to Access
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,149,000 | Lot Size | 0.15 AC |
| Price Per Unit | $429,800 | Building Size | 5,856 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| Cap Rate | 5.08% | No. Stories | 2 |
| No. Units | 5 | Year Built | 1964 |
| Property Type |
| Price | $2,149,000 |
| Price Per Unit | $429,800 |
| Sale Type | Investment |
| Cap Rate | 5.08% |
| No. Units | 5 |
| Property Type | |
| Lot Size | 0.15 AC |
| Building Size | 5,856 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+2 | 3 | - | - |
| 3+2 | 1 | - | - |
1 1
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 2480-017-027 | Improvements Assessment | $317,095 |
| Land Assessment | $135,876 | Total Assessment | $452,971 |
Property Taxes
Parcel Number
2480-017-027
Land Assessment
$135,876
Improvements Assessment
$317,095
Total Assessment
$452,971
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3650 W Clark Ave - 3650 W. Clark Ave.
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