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Investment Highlights

  • Soft story seismic retrofit completed
  • Excellent location near studios, shops, parks, and transportation routes
  • Newer roof

Executive Summary

Rare opportunity to acquire a well-maintained 5-unit apartment property in Burbank featuring a desirable two-bedroom dominant unit mix, strong in-place income, completed soft-story seismic retrofit, and reroofed building. The property offers individually metered gas and electric, covered parking, on-site laundry, and several renovated units. Attractive current cash flow combines with rental upside to provide both immediate income and long-term value creation. Ideally positioned near major employment centers, transportation routes, and the studios, this professionally maintained asset represents an excellent opportunity for investors seeking a quality Southern California multifamily property with reduced deferred maintenance and stable long-term fundamentals.

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,413,769 CAD
Price Per Unit $482,754 CAD
Sale Type Investment
Cap Rate 5.19%
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.13 AC
Building Size 3,140 SF
Average Occupancy 100%
No. Stories 2
Year Built 1937
Parking Ratio 2.86/1,000 SF
Zoning R4, Burbank

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Disposal
  • Kitchen
  • Range
  • Tub/Shower
  • Linen Closet

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 $2,273 CAD -
1+1 1 $2,983 CAD -
2+1 1 $2,550 CAD -
2+1 1 $3,339 CAD -
2+1 1 $3,609 CAD -
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
2480-018-029
Land Assessment
$1,479,011 CAD
Improvements Assessment
$995,054 CAD
Total Assessment
$2,474,065 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 41192447

  • Date on Market: 2026-07-07

  • Last Updated:

  • Address: 652 N Whitnall Hwy, Burbank, CA 91505

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