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723 E Tujunga Ave - 723 Tujunga Ave 4 Unit Apartment Building Offered at $3,409,553 CAD at a 5.04% Cap Rate Burbank, CA 91501
Investment Highlights
- Rare 4-Unit opportunity in Prime Burbank nestled among well-kept single-family homes
- Excellent unit mix of (1) 2+1.5 unit, (2) 2+2 units, and (1) 1,600SF 2+2 home with an attached 2-car garage
- Strong upside & ADU potential
- Ideal for owner-User or multi-generational Living: 3 of 4 units delivered vacant
- Excellent Parking: Rear units each include 2-car garages
- Low-density feel with the privacy and charm of a single-family neighborhood
Executive Summary
Equity Union Commercial is proud to represent this 4 unit property in Burbank.
The building was constructed in 1970. Its unit mix consists of (4) 2+2 units, one of which is a house. With a lot size of 7,750 square feet, the property has a total of 4,668 rentable square feet.
The property is located in Burbank, which is a highly desirable rental market and is known as the media capital of the world. It is home to Disney Studios, Warner Brothers, and NBC. The city has over 80 restaurants, 30 movie screens, and 200 stores; its residents enjoy top ranked schools, easy access to the 5 and 134 freeways, and close proximity to the Burbank Metro Link.
The building was constructed in 1970. Its unit mix consists of (4) 2+2 units, one of which is a house. With a lot size of 7,750 square feet, the property has a total of 4,668 rentable square feet.
The property is located in Burbank, which is a highly desirable rental market and is known as the media capital of the world. It is home to Disney Studios, Warner Brothers, and NBC. The city has over 80 restaurants, 30 movie screens, and 200 stores; its residents enjoy top ranked schools, easy access to the 5 and 134 freeways, and close proximity to the Burbank Metro Link.
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 |
-
|
-
|
| Operating Expenses |
-
|
-
|
| 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 | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| 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 | $3,409,553 CAD | Property Type | Multifamily |
| Price Per Unit | $852,388 CAD | Lot Size | 0.18 AC |
| Sale Type | Investment | Building Size | 4,668 SF |
| Cap Rate | 5.04% | No. Stories | 2 |
| Gross Rent Multiplier | 14.5 | Year Built | 1970 |
| No. Units | 4 | ||
| Zoning | BUR3 | ||
| Price | $3,409,553 CAD |
| Price Per Unit | $852,388 CAD |
| Sale Type | Investment |
| Cap Rate | 5.04% |
| Gross Rent Multiplier | 14.5 |
| No. Units | 4 |
| Property Type | Multifamily |
| Lot Size | 0.18 AC |
| Building Size | 4,668 SF |
| No. Stories | 2 |
| Year Built | 1970 |
| Zoning | BUR3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 4 | - | - |
1 1
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 2455-016-011 | Improvements Assessment | $976,055 CAD |
| Land Assessment | $1,464,081 CAD | Total Assessment | $2,440,137 CAD |
Property Taxes
Parcel Number
2455-016-011
Land Assessment
$1,464,081 CAD
Improvements Assessment
$976,055 CAD
Total Assessment
$2,440,137 CAD
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723 E Tujunga Ave - 723 Tujunga Ave
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