231 W Tujunga Avenue in Burbank offers a 15-unit multifamily investment opportunity in one of Southern California’s most stable rental markets. Built in 1963, the property features a desirable unit mix of seven one-bedroom units, six two-bedroom units, and two three-bedroom units, with a total living area of approximately 12,790 square feet. Recent capital improvements include a new roof, copper re-piping, tankless water heaters, and upgraded electrical systems, with an earthquake retrofit scheduled to complete by summer 2026. Tenants benefit from assigned underground parking, a gated garage entry, and on-site laundry facilities. Strategically located near Burbank’s media district, major studios, and employment hubs, the property provides strong rental demand and long-term growth potential. This is an excellent opportunity to acquire a stable asset in a highly sought-after market offering consistent occupancy and future upside.
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