300 N Screenland Dr - Multi-Family FOR SALE


Burbank, CA 91505- McNeil
$1,750,000 USD
949-233-0604
300 N Screenland Dr, Burbank, CA for Sale
$1,750,000 USD
Multi-Family - FOR SALE
1/9
null | 5.08% Cap Rate

300 N Screenland Dr
Burbank, CA 91505
McNeil


HIGHLIGHTS

  • Prime West Burbank Location: Ideally positioned near major entertainment and employment centers, including Warner Bros. Studios, Walt Disney Studios.
  • Fully Occupied Five-Unit Property: Attractive unit mix consisting of three 1BR/1BA units and two 2BR/1BA units.
  • First Sale in More Than 50 Years: The property has remained under the same family ownership and has not traded since 1972.
  • Desirable Corner-Lot Configuration. Two buildings totaling 3,598 SF situated on a 7,338 SF corner lot, with a garage row accessible from the alley.
  • Major Plumbing Upgrades Completed in 2026: Gas and water supply lines beneath the building and extending to the rear unit were recently replaced.
  • Both Building Roofs Replaced: The front and rear buildings were re-roofed around 2020, reducing near-term capital expenditure exposure.

OVERVIEW

The LAAA Team of Marcus & Millichap is pleased to present 300 N Screenland Dr, a five-unit apartment property in west Burbank. Built in 1955, the property consists of three one-bedroom and two two-bedroom units across two buildings totaling 3,598 square feet on a 7,338-square-foot corner lot. The property is fully occupied with approximately 9% rental upside to market. Current ownership has completed several significant capital improvements, including replacement of the gas and water supply lines in 2026, the main sewer line to the street, kitchen drain lines in three units, and roofs on both buildings. Offered for the first time since 1972, the property presents a rare opportunity for private investors and 1031 exchange buyers seeking a well-maintained Burbank asset with meaningful long-term ownership history and proximity to major entertainment employers. Located on N Screenland Dr, the property is approximately one-third of a mile from Warner Bros. Studios, with Providence Saint Joseph Medical Center and Walt Disney Studios also nearby. Universal Studios Hollywood, the Metro B Line in North Hollywood, and Hollywood Burbank Airport provide additional employment and transportation connectivity. Hollywood Burbank Airport is scheduled to open its new $1.3 billion, 14-gate replacement terminal in October 2026. ZIP Code 91505 reports a median household income of approximately $110,000 and median gross rent of $2,397, with 56% of occupied households renting.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$486 USD /SF

# OF UNITS

5

PRICE/UNIT

$350,000

CAP RATE

5.08%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

West Burbank 5-Unit | First Sale in 54 Years

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Morgan WetmoreMarcus & MillichapMore Info
949-233-0604

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Morgan WetmoreMarcus & MillichapMore Info
949-233-0604

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