136 N Pass Ave - Apartments FOR SALE


Burbank, CA 91505- Media Center
$1,795,000 USD
818-307-2817
136 N Pass Ave, Burbank, CA for Sale
$1,795,000 USD
Apartments - FOR SALE
1/8
null | 4.08% Cap Rate

136 N Pass Ave
Burbank, CA 91505
Media Center


HIGHLIGHTS

  • Excellent Burbank location near major studios and employment hubs
  • Strong rental demand and historically low vacancy rates
  • Upside potential in rents

OVERVIEW

136–138 N Pass Avenue, Burbank, CA 91505 Offered at $1,795,000 Two-Story, 5-Unit Multifamily Property | Prime Burbank Location Property Overview 136–138 N Pass Avenue presents an excellent opportunity to acquire a well-located five-unit multifamily property in the heart of Burbank. This two-story building totals approximately 4,077 square feet and sits on a 5,663 square foot lot. The property offers a desirable unit mix and on-site parking, providing both stable income and potential upside in one of the most in-demand rental markets in Los Angeles County. Perfect for investors seeking consistent cash flow or an owner-user looking to occupy one of the units while collecting rental income from the others. Property Highlights • Total Units: 5 • Building Size: ±4,077 SF • Lot Size: ±5,663 SF • Stories: 2 • List Price: $1,795,000 • Price per Unit: ±$359,000 • Price per SF: ±$440 • Zoning: BUR4 (verify with City of Burbank) • Parking: On-site surface parking • Construction: Wood-frame with stucco exterior • Year Built: [Insert Year, if known] Investment Highlights • Excellent Burbank location near major studios and employment hubs • Five-unit property in a supply-constrained market • Strong rental demand and historically low vacancy rates • Upside potential in rents with future improvements • Quiet, residential neighborhood close to schools, shopping, and transit • Minutes from Warner Bros., Disney, NBC Studios, and Downtown Burbank • Easy access to the 101, 134, and 5 Freeways Location Overview Centrally located just north of West Olive Avenue, this property enjoys proximity to Burbank’s thriving media district and a wide range of retail and dining options. With its convenient access to major freeways and transit routes, 136–138 N Pass Avenue offers tenants an ideal blend of neighborhood charm and commuter accessibility. Burbank remains one of Southern California’s most desirable multifamily investment markets, supported by its strong employment base and limited housing supply. Please register or request full OM with financials and Rent Roll. For additional information please contact Listing Brokers: Natasha Aasadore 818.388.5202 Natasha.Aasadore@evrealestate.com or Juan Carlos Argueta 818.307.2817 JuanCarlos.Argueta@evrealestate.com

FOR SALE DETAILS

PRICE

$1,795,000 USD

PRICE/SF

$440 USD /SF

# OF UNITS

5

PRICE/UNIT

$359,000

CAP RATE

4.08%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pass Ave

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1941

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

2485-007-013

ASK ABOUT THIS PROPERTY

Juan Carlos ArguetaEngel & VölkersMore Info
818-307-2817

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Juan Carlos ArguetaEngel & VölkersMore Info
818-307-2817

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.