CA > Burbank
Burbank, CA 91505,1544 N Edison BLVD
Burbank, CA 91505,1544 N Edison BLVD
Burbank, CA 91505,1544 N Edison BLVD
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$4,500,000
Est. payment /mo
7,675 Sqft Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25176652

HOA Y/N No

Year Built 1987

Lot Size 7,675 Sqft

Property Sub-Type Apartment

Property Description

Rare opportunity to acquire an 8-unit, non-rent-controlled multifamily property in prime Burbank, held by the original builder for over 35 years. All units are spacious 2-bedroom, 2-bathroom layouts of approximately 1,000 sq ft, featuring modern finishes such as tile and laminate flooring, central A/C, and mirrored closet doors. Some units offer private balconies. The property includes gated entry, two parking spaces per unit, and a private storage room for each unit in the garage.

Ideally situated near major studios like Warner Bros. and Disney, with easy access to freeways, Metrolink, and Burbank Airport. Tenants enjoy walkable access to shops, restaurants, and top-rated schools within the Burbank Unified School District.

This property is not subject to local rent control. It is governed only by California's statewide rent cap law (AB 1482), which limits annual rent increases and provides just-cause eviction protections.

Value-add potential includes the ability to increase income by adding in-unit washer and dryers and adjusting rents to market levels. The uniformity of unit layouts, long-term ownership history, and well-maintained condition make this a low-maintenance, easy-to-manage asset, ideal for both seasoned and first-time multifamily investors. With strong rental demand and minimal regulatory restrictions, this property offers immediate cash flow and long-term upside.

Disclaimer: Information herein is deemed reliable but not guaranteed. Buyers are advised to verify all facts and conduct their own due diligence prior to purchase.

Location

State CA

County Los Angeles

Area 610 - Burbank

Zoning BUR4*

Interior

Cooling Central Air

Fireplace No

Laundry Common Area, In Garage

Exterior

Pool None

Community Features Curbs, Street Lights, Sidewalks, Urban

Private Pool No

Building

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 2436019024

Acceptable Financing Cash, Cash to Existing Loan, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, 1031 Exchange

Special Listing Condition Standard

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CRMLS – RECore
Listed by Massi Torabi Nest Seekers CA Corp. 818-268-8869

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