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Listed by: Douglas Steinriede (818) 843-5200 DRE #00284936 | Dover Management Corp. (818) 843-5200
$7,850,000
40 Beds
40 Baths
19,358sqft
1819 W Alameda Ave, Burbank, CA 91506
$7,850,000
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Multi Family
Built in 1986
$-- HOA
16,278 sqft lot
$406/sq.ft
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.
- Houzeo last checked: 7 minutes ago
- Listing updated: August 5, 2026 at 7:14 am
- Source: California Regional MLS-CA | MLS#: 26865431
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1986
HOA Fees
-
Finished Area
19,358 sqft
Lot Size
16,278 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26865431
MLS Status
Active
Days on Market
10
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