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4101 W National Ave - 4 Units in Prime Location Burbank 4 Unit Apartment Building Offered at $1,600,000 at a 4.97% Cap Rate Burbank, CA 91505
Investment Highlights
- Outstanding Burbank Location
- Low Vacany submarket
- Strong Rental Market
- Great Unit Mix (all Two's)
Executive Summary
Outstanding Burbank location, with close proximity to Toluca Lake, several local amenities, desirable eateries and some of Burbank's largest employers. Rare 4 unit building with all Two Bed - One bath units, first time being offered for sale in over 4 decades. See Offering Memorandum attached for income/expense information. 1 of 4 units has been extensively remodeled. One tenant also leases a converted garage space which functions as a recording studio. All units have access from the front and rear of the property. Please do not enter onto property, DRIVE-BY ONLY, Seller will not facilitate showing without an accepted offer. Some deferred maintenance on the property. Recent upgrades include new main line, completed in Jan 2026, some copper plumbing, and all the upgrades shown in photos to the renovated unit. Contact broker for additional information.
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | 953 |
1 1
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 2485-008-033 | Improvements Assessment | $198,866 |
| Land Assessment | $98,157 | Total Assessment | $297,023 |
Property Taxes
Parcel Number
2485-008-033
Land Assessment
$98,157
Improvements Assessment
$198,866
Total Assessment
$297,023
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4101 W National Ave - 4 Units in Prime Location Burbank
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