536 E Cypress Ave
Burbank, CA 91501
26 Beds26 Baths15,012 Sq Ft30 Days on Market
For Sale $5,298,000
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Courtesy of Realty Investment Advisors, Inc.
Listing Agent & Comments
Alexander Metaxas • Realty Investment Advisors, Inc.
626-313-4901 • ametaxas@riacre.com License #01784652First time on the market in over 27 years, a premier investment opportunity for 13 units in prime Burbank. Constructed in 1986, this well built and well-maintained apartment property is located within one block of N. Glenoaks Blvd. Thirteen 2 Bedroom + 2 bath units were designed with more square footage and larger room sizes than typical apartments of that era. Over the last four years, 4 units have been fully updated including new cabinets, Quartz countertops, vinyl plank flooring and updated bathrooms. Other features such as a secure intercom entry, central heat and AC in all units, gated parking (26 SIDE BY SIDE SPACES), pitched comp shingle roofs, individual water heaters and parking access elevator make this an excellent rental property investment. In 2019 the windows and sliding doors were replaced, in 2020 building exterior was fully repainted and in 2024 the balconies were inspected in accordance with SB721. There is an on-site laundry room with machines owned by sellers, and the building is separated metered for gas and electricity. Located in a highly desirable Burbank neighborhood, this property is within walking distance of the vibrant downtown Burbank and Town Center, providing residents with easy access to shopping, diverse dining options, and dynamic entertainment venues. The property's proximity to major employers, such as Walt Disney Studios, Warner Brothers Studios, and DreamWorks Animation, further contributes to the appeal of its location. With limited property sales in this area, don't miss this chance to acquire a top-quality building in a prime location that will serve as a generational investment. Property is subject to AB1482 Rent Control. PLEASE DO NOT DISTURB TENANTS. INSPECTION UPON ACCEPTED OFFER.
MLS# 24440913 • Data provided by CRMLS
Living Area | 15,012 Sq.Ft. |
---|---|
Lot Size | 9,888 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 26 |
Bathrooms | 26 |
Stories | 3 |
Year Built | 1986 |
Property Type | Multi Family |
Zoning | BUR4* |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $20,654 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$5,186,523
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties, crime reports, and rental estimate
New
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HouseCanary, Inc. Brokerage
536 E Cypress Ave., Burbank, CA 91501
Multi Family26 Beds26 Baths15,012 Sq Ft30 Days on Market
Listing Agent & Comments
Alexander Metaxas • Realty Investment Advisors, Inc.
626-313-4901 • ametaxas@riacre.com License #01784652First time on the market in over 27 years, a premier investment opportunity for 13 units in prime Burbank. Constructed in 1986, this well built and well-maintained apartment property is located within one block of N. Glenoaks Blvd. Thirteen 2 Bedroom + 2 bath units were designed with more square footage and larger room sizes than typical apartments of that era. Over the last four years, 4 units have been fully updated including new cabinets, Quartz countertops, vinyl plank flooring and updated bathrooms. Other features such as a secure intercom entry, central heat and AC in all units, gated parking (26 SIDE BY SIDE SPACES), pitched comp shingle roofs, individual water heaters and parking access elevator make this an excellent rental property investment. In 2019 the windows and sliding doors were replaced, in 2020 building exterior was fully repainted and in 2024 the balconies were inspected in accordance with SB721. There is an on-site laundry room with machines owned by sellers, and the building is separated metered for gas and electricity. Located in a highly desirable Burbank neighborhood, this property is within walking distance of the vibrant downtown Burbank and Town Center, providing residents with easy access to shopping, diverse dining options, and dynamic entertainment venues. The property's proximity to major employers, such as Walt Disney Studios, Warner Brothers Studios, and DreamWorks Animation, further contributes to the appeal of its location. With limited property sales in this area, don't miss this chance to acquire a top-quality building in a prime location that will serve as a generational investment. Property is subject to AB1482 Rent Control. PLEASE DO NOT DISTURB TENANTS. INSPECTION UPON ACCEPTED OFFER.
MLS# 24440913 • Data provided by CRMLS
Living Area | 15,012 Sq.Ft. |
---|---|
Lot Size | 9,888 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 26 |
Bathrooms | 26 |
Stories | 3 |
Year Built | 1986 |
Property Type | Multi Family |
Zoning | BUR4* |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $20,654 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties, crime reports, and rental estimate
New
Do you own this home?
Access your homeowner dashboard
For Sale $5,298,000
Request tour
Save
Courtesy of Realty Investment Advisors, Inc.
536 E Cypress Ave
Burbank, CA 91501
26 Beds26 Baths15,012 Sq Ft30 Days on Market
Listing Agent & Comments
Alexander Metaxas • Realty Investment Advisors, Inc.
626-313-4901 • ametaxas@riacre.com License #01784652First time on the market in over 27 years, a premier investment opportunity for 13 units in prime Burbank. Constructed in 1986, this well built and well-maintained apartment property is located within one block of N. Glenoaks Blvd. Thirteen 2 Bedroom + 2 bath units were designed with more square footage and larger room sizes than typical apartments of that era. Over the last four years, 4 units have been fully updated including new cabinets, Quartz countertops, vinyl plank flooring and updated bathrooms. Other features such as a secure intercom entry, central heat and AC in all units, gated parking (26 SIDE BY SIDE SPACES), pitched comp shingle roofs, individual water heaters and parking access elevator make this an excellent rental property investment. In 2019 the windows and sliding doors were replaced, in 2020 building exterior was fully repainted and in 2024 the balconies were inspected in accordance with SB721. There is an on-site laundry room with machines owned by sellers, and the building is separated metered for gas and electricity. Located in a highly desirable Burbank neighborhood, this property is within walking distance of the vibrant downtown Burbank and Town Center, providing residents with easy access to shopping, diverse dining options, and dynamic entertainment venues. The property's proximity to major employers, such as Walt Disney Studios, Warner Brothers Studios, and DreamWorks Animation, further contributes to the appeal of its location. With limited property sales in this area, don't miss this chance to acquire a top-quality building in a prime location that will serve as a generational investment. Property is subject to AB1482 Rent Control. PLEASE DO NOT DISTURB TENANTS. INSPECTION UPON ACCEPTED OFFER.
MLS# 24440913 • Data provided by CRMLS
Living Area | 15,012 Sq.Ft. |
---|---|
Lot Size | 9,888 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 26 |
Bathrooms | 26 |
Stories | 3 |
Year Built | 1986 |
Property Type | Multi Family |
Zoning | BUR4* |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $20,654 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$5,186,523
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties, crime reports, and rental estimate
New
Do you own this home?
Access your homeowner dashboard
For Sale $5,298,000
Request tour
Save
Courtesy of Realty Investment Advisors, Inc.