$7,850,000
1819 W Alameda AV
Burbank, CA, 91506
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.
Property Details
Price:
$7,850,000
MLS #:
26865431
Status:
Active
Beds:
40
Baths:
40
Type:
Single Family
Neighborhood:
610burbank
Listed Date:
Jul 28, 2026
Finished Sq Ft:
19,358
Total Sq Ft:
19,358
Lot Size:
16,278 sqft / 0.37 acres (approx)
Year Built:
1986
Schools
Interior
Appliances
RF
Heating
CF
Interior Features
CF
Laundry Features
STK, DINC, WINC
Levels
S
Exterior
Parking Spots
40
Parking Total
40
Financial
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Courtesy of Dover Management Corp.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1819 W Alameda AV
Burbank, CA
