Mohr Real Estate Group

Mohr Real Estate Group

1101 East AV Burbank CA 91504 MLS #WS26102173

1101 East AV
Burbank, CA, 91504
$7,500,000
Beds
0 Baths
0 SqFt
0.41 Acres
Add
Add
$7,500,000
1101 East AV
Burbank, CA, 91504
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Property Description


“Villa Bonita Condominiums” are a pride of ownership, turnkey, two story over parking, 10-unit condominium building. Constructed in 2009 with a flat, rolled composition shingled roof, some pitched concrete tile shingles, and a concrete pier foundation. The “Villa Bonita Condominiums” are 10 individually parceled condominiums that are currently rented to individual tenants. With 10 separate tax ID’s, a new owner can either continue to operate the project in its current form or sell the individual units as condos in the future. Operating as 1101 East Avenue Association, these fully completed condominium units are all owned by the current owner and rented individually. Seller to provide all HOA, CC&R, Bylaws, Certification of completion, White-Slip Condo docs and any other pertinent recorded documents. Buyer to perform its own investigations during the contingency period and make independent verifications and approvals. Amenities: Luxury units, built as condominiums. High end finishes and stainless-steel appliances, including dishwashers. Granite counters, laminate flooring in common areas, carpeted bedrooms. All units have a patio or balcony; gas fireplace; and washer dryers in the unit. Additionally, all units are equipped with individual tankless-water heaters. Tenants enjoy gated entrance and parking. There is a wheelchair lift from the parking garage to the first floor. Rent Control: As of early 2026, the City of Burbank does not have traditional rent control but operates under state law (AB 1482) and local “soft cap” ordinances.

Property Details

Price:
$7,500,000
MLS #:
WS26102173
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Condominium
Neighborhood:
610burbank
Listed Date:
May 14, 2026
Total Sq Ft:
15,535
Lot Size:
17,905 sqft / 0.41 acres (approx)
Year Built:
2009
610 – Burbank610burbank

Schools

Interior

Appliances
DW, TW
Cooling
CA
Flooring
LAM, CARP
Heating
CF
Laundry Features
IN
Levels
U

Exterior

Common Walls
_2CW
Community Features
CRB
Garage Spaces
23
Parking Spots
23
Parking Total
23
Spa Features
NO

Financial

Gross Operating Income
$466,488
Maintenance Fee
$24,046
Net Operating Income
$304,918
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