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Executive Summary

Excellent opportunity to purchase a four (4)-unit multifamily property located in a prime residential neighborhood in Burbank; the building consists of one (1), two (2) bedroom/two (2) bathroom unit, two (2), two (2) bedroom/one (1) bathroom units, and one (1), one (1) bedroom/one (1) bathroom unit; the property has easy access to the 5 Freeway, Burbank Empire Center, Hollywood Burbank Airport, Downtown Burbank, IKEA, Home Depot, and the Magnolia Park shopping district. There are also many film studios and production companies in the area which drive strong housing demand.

Property Facts In Escrow

Price $1,150,000
Price Per Unit $287,500
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.20 AC
Building Size 2,670 SF
No. Stories 1
Year Built 1935
Zoning R-3 - Residential Multiple Low Density

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 - -
2+1 2 - -
2+2 1 - -
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
2449-020-008
Land Assessment
$588,054
Improvements Assessment
$392,032
Total Assessment
$980,086
  • Listing ID: 39802352

  • Date on Market: 3/17/2026

  • Last Updated:

  • Address: 618 N Mariposa St, Burbank, CA 91506

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