The E. Santa Anita Ave Residences present a rare value-add opportunity in one of Burbank’s most desirable rental corridors, just south of Glenoaks Blvd. This 8-unit, 6,001 sq. ft. building sits on an oversized 8,978 sq. ft. lot and features an efficient mix of two 2BR/1BA units and six 1BR/1BA units. Units have already been modernized with stainless-steel appliances, wood flooring, and upgraded bathroom vanities. Ownership has also completed major system upgrades, including electrical, reducing near-term maintenance exposure for a new investor. Built in 1957, the property is subject to AB 1482, allowing approximately 8% annual rent increases. Eight parking spaces (including tandem), and a rear garage with ADU conversion potential, this asset offers multiple avenues for forced appreciation. This is an exceptional chance to acquire a trophy multifamily asset in a prime, low-vacancy Burbank neighborhood with strong long-term fundamentals.
Property Details
Price:
$2,925,000
MLS #:
225005855
Status:
Active
Beds:
10
Baths:
10
Type:
Single Family
Neighborhood:
610burbank
Listed Date:
Dec 6, 2025
Finished Sq Ft:
6,001
Lot Size:
8,981 sqft / 0.21 acres (approx)
Year Built:
1957
See this Listing
Schools
Interior
Appliances
GWH, WHU
Bathrooms
10 Full Bathrooms
Cooling
CA
Flooring
WOOD
Heating
CF
Exterior
Parking Spots
8
Financial
Map
Community
- Address324 Santa Anita AV Burbank CA
- CityBurbank
- CountyLos Angeles
- Zip Code91502
Subdivisions in Burbank
Market Summary
Current real estate data for Single Family in Burbank as of Dec 08, 2025
125
Single Family Listed
43
Avg DOM
446
Avg $ / SqFt
$943,428
Avg List Price
Property Summary
- 324 Santa Anita AV Burbank CA is a Single Family for sale in Burbank, CA, 91502. It is listed for $2,925,000 and features 10 beds, 10 baths, and has approximately 6,001 square feet of living space, and was originally constructed in 1957. The current price per square foot is $487. The average price per square foot for Single Family listings in Burbank is $446. The average listing price for Single Family in Burbank is $943,428.
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324 Santa Anita AV
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