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210 W Spazier, Burbank, CA 91502

$1,595,000 Approx. USD 0 beds, 0 baths

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Photo of Larry Margo

Marketed By Larry Margo REALTOR® - Sales Associate 818-515-8998 m
818-515-8998 o
Lic#: 00911053
NRDS ID: 207076062
theresho@sbcglobal.net Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007

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Listing Agent

Brian Palmer | brian@brianpalmer.com
Lic#: 01047928
Broker: Courtesy of RE/MAX Gateway
Phone: 661-212-3938

Agent Remarks

Rare opportunity to acquire a well-maintained, fully occupied single-story four-unit investment property in the heart of Burbank. Ideally located on a quiet, low-traffic dead-end street just minutes from Interstate 5, Alameda Avenue, major studios, shopping, dining, and employment centers, this pride-of-ownership property offers stable current income and long-term upside. The property features two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, all occupied by long-term month-to-month tenants. Under the same ownership for over 22 years, the property has experienced very little vacancy, reflecting its desirable location and strong rental demand. Numerous improvements include updated unit interiors, an updated sewer line, private full-size laundry sheds for the two-bedroom units, interior stackable laundry in the one-bedroom units, and a charming shared courtyard patio for tenant enjoyment. Each unit is individually metered for gas and electricity. Four detached single-car garages and a large storage shed are rented separately, providing additional income beyond the apartment rents. A spacious rear parking area offers ample off-street parking for tenants and guests. Current gross scheduled income is approximately $9,850 per month ($118,200 annually) with a projected buyer pro forma cap rate of approximately 5.7% (buyer to verify). Situated on a generous 7,748 SF lot with potential future expansion or redevelopment opportunities (buyer to verify with the City of Burbank), this is an exceptional opportunity to acquire a quality investment property in one of Burbank's most sought-after rental neighborhoods.

Listing Details

Property type: Quadruplex (Multi-Family)

Status: Active

MLS# SR26147163

Price: $1,595,000

HOA Fee is $0.00

Beds: 0

Baths: 0

None fireplaces

Built in 1949

1 story

0.18 acres

Lot size: 0.1781

County: Los Angeles

Property style: Mid-Century Modern

Interior features: All Bedrooms Down,Bedroom on Main Level

Appliances: Dishwasher,Gas Range,Microwave

Parking description: Driveway Level,Door-Single,Garage,On Site,RV Potential

Lot description: Cul-De-Sac

Heating/cooling: Wall/Window Unit(s)

Heating description: Wall Furnace

MLS area: 610 - Burbank

Last Updated: 7/29/2026

Days On Market (DOM): 25

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This listing belongs to the 610 - Burbank MLS area

The style of this listing is Mid-Century Modern.
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Lat/Long: 34.167768, -118.304788.
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Previous Listing

Photo of Larry Margo

Larry Margo REALTOR® - Sales Associate 818-515-8998 m
818-515-8998 o
Lic#: 00911053
NRDS ID: 207076062
theresho@sbcglobal.net
Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423