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652 N Whitnall Hwy 5 Unit Apartment Building $2,413,769 CAD ($482,754 CAD/Unit) 5.19% Cap Rate Burbank, CA 91505



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 | Building Class | C |
| Price Per Unit | $482,754 CAD | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 3,140 SF |
| Cap Rate | 5.19% | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1937 |
| Property Subtype | Apartment | Parking Ratio | 2.86/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R4, Burbank | ||
| 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 | - |
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 2480-018-029 | Total Assessment | $2,474,065 CAD |
| Land Assessment | $1,479,011 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $995,054 CAD | Tax Year | 2025 |
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
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652 N Whitnall Hwy
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