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Executive Summary

Value-Add 4-Unit Multifamily Investment Opportunity Excellent opportunity to acquire a well-maintained 4-unit multifamily property with recent capital improvements already completed. Ownership has invested in a new roof and new dual-pane windows throughout the building, helping reduce future maintenance costs and enhance tenant appeal. The property features a vacant front garage, providing immediate flexibility for owner use, additional storage, potential rental income, or future value-add opportunities. Building-wide electrical infrastructure has also been recently upgraded, creating the capacity to accommodate an additional unit (buyer to verify all development potential and requirements with local authorities). With strong fundamentals, recent system upgrades, and future expansion potential, this property presents an attractive investment opportunity for both seasoned investors and owner-operators seeking long-term appreciation and income growth.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,595,000
Price Per Unit $398,750
Sale Type Investment
Cap Rate 3.84%
Gross Rent Multiplier 17.74
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.14 AC
Building Size 2,838 SF
Average Occupancy 100%
No. Stories 2
Year Built 1949
Zoning BUR4* - Medium-to-high density multi-family residential

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 2 $44,320 -
1+1 2 $3,440 -
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
2446-026-014
Land Assessment
$36,738
Improvements Assessment
$209,854
Total Assessment
$246,592
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 40759068

  • Date on Market: 6/2/2026

  • Last Updated:

  • Address: 924 W Clark Ave, Burbank, CA 91506

Contact the Sale Advisor

924 W Clark Ave

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