$7,850,000
 $42,140 est/mo Sourced by Back At You

1819 W Alameda Avenue,Burbank, CA 91506

Burbank, CA 91506

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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.

Details

MLS #26865431
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1986
Days On Site90
Listing Provided ByDover Management Corp. | Douglas Steinriede

Features

Bed(s)40
Bath(s)40
SQ Feet19,358
Story(s)2
Units20
Building(s)1
ZoningBUR4*
Acreage0.37

Interior

HeatingCentral
Heating Yes / NoYes
Interior FeaturesCeiling Fans
AppliancesRefrigerator, Dryer, Washer

Parking

Parking FeaturesUnderground

Area Information

StateCA
CountyLos Angeles
CityBurbank
Zip Code91506
Area610 Burbank
Listing VS Median (in 91506)
Price:
$7,850,000
low | high
Med:
$1,199,991
100% of Average
sqft:
19,358
low | high
Med:
1,666
100% of Average
$ / sqft:
$406
low | high
Med:
$720
27.620799489222% of Average
On site:
90
low | high
Med:
18
100% of Average
Sourced by Back At You

Market Activity 91506

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Learn More About This Property

Allen Lane

Allen Lane

Desert Lifestyle Properties

01952730 (760) 408-2963realtor.allenlane@gmail.com
StateCA
CountyLos Angeles
CityBurbank
Zip Code91506
Area610 Burbank
Listing VS Median (in 91506)
Price:
$7,850,000
low | high
Med:
$1,199,991
100% of Average
sqft:
19,358
low | high
Med:
1,666
100% of Average
$ / sqft:
$406
low | high
Med:
$720
27.620799489222% of Average
On site:
90
low | high
Med:
18
100% of Average
Sourced by Back At You
Listing Updated: October 5, 2026 at 5:24:08 PM PDT

Specialty Areas

Real Estate

Allen Lane
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Palm Springs, CA 92262
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MLS Internet Data Exchange (IDX) information is provided exclusively 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, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.
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