1819 W Alameda Ave, Burbank, CA 91506
1819 W Alameda Ave, Burbank, CA 91506
1819 W Alameda Ave, Burbank, CA 91506
1819 W Alameda Ave, Burbank, CA 91506
1819 W Alameda Ave, Burbank, CA 91506
1819 W Alameda Ave, Burbank, CA 91506
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Ronnie Leon

Ronnie Leon

+1(813) 802-7777
$ 7,850,000
Est. payment | /mo

40 Beds

40 Baths

19,358 SqFt

Save
$ 7,850,000
Est. payment | /mo
Save

40 Beds

40 Baths

19,358 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 19,358 sqft

Price per Sqft $405

MLS Listing ID 26865431

Bedrooms 40

Year Built 1986

Lot Size 0.374 Acres

Acres 0.3737

Property Sub-Type Multi-Family

Property Description

1819 W. Alameda Ave is offered at a 6.20% cap rate and comprises 20 units in Burbank's Rancho Adjacent neighborhood, near the center of the city between Verdugo and Alameda Avenues. The unit mix includes 16 two-bedroom/two-bathroom units and 4 two-bedroom/one-bathroom units, 11 of which have already been remodeled giving new ownership a clear value-add roadmap: renovate the remaining nine units to bring them to market rent and capture the property's approximately 15% loss to lease by filling existing vacancies. Additional upside exists in monetizing the property's 40 parking spaces, which currently sit unrented.

Location

State CA

County Los Angeles

Area Burbank

Zoning BUR4*

Rooms

Other Rooms None

Interior

Heating Central

Cooling Ceiling Fan

Equipment Refrigerator, Ceiling Fan, Stackable W/D Hookup, Washer, Dryer

Exterior

Parking Features Subterranean

Garage Spaces 40.0

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Dover Management Corp.

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1819 W Alameda Ave