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1819 W Alameda Avenue Burbank, CA 91506
19,358 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 19,358 sqft
Price per Sqft $405
MLS Listing ID CL26865431
HOA Y/N No
Year Built 1986
Lot Size 0.374 Acres
Acres 0.3737
Property Sub-Type Other
Property 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.
Location
State CA
County Los Angeles
Zoning BUR4*
Interior
Heating Other
Fireplace No
Appliance Dryer
Laundry Dryer, Washer, Other
Building
New Construction No
Others
Tax ID 2444033024
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Douglas Steinriede • Dover Management Corp.