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723 E Tujunga Ave - 723 Tujunga Ave

723 E Tujunga Ave, Burbank, CA 91501
Available Now
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FOR SALEMultifamily / Apartments Building
Cap Rate
5.04%
Building Size
4,668SF
APN
2455-016-011
Lot Size
0.18Ac
Year Built
1970
Zoning
BUR3
Listing Contacts
Executive Vice President
View OM

More property details

Currently Leased
No
No of Stories
2
Units
4

Features & amenities

Location Amenities
Airport
Metro/Subway
Commuter Rail

Location

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723 E Tujunga Ave - 723 Tujunga Ave
About the location

Equity Union Commercial is pleased to present this four-unit property located in Burbank. Built in 1970, the property sits on a 7,750-square-foot lot and encompasses approximately 4,668 rentable square feet. The unit configuration includes four 2-bedroom, 2-bath units, one of which is a standalone home.

Situated in one of Southern California’s most sought-after rental markets, Burbank is widely recognized as the media capital of the world. The city is home to major studios such as Disney, Warner Bros., and NBC. Residents benefit from a vibrant local scene with more than 80 restaurants, 30 movie screens, and 200 retail shops. The area also offers highly rated schools, convenient access to the 5 and 134 freeways, and close proximity to the Burbank Metrolink station.

Location highlights
  • Exceptional 4-unit opportunity in a prime Burbank location, surrounded by well-maintained single-family residences
  • Desirable unit mix featuring (1) 2-bedroom + 1.5-bath unit, (2) 2-bedroom + 2-bath units, and (1) spacious 1,600 SF 2-bedroom + 2-bath home with an attached 2-car garage
  • Significant upside potential, including the opportunity to add an ADU
  • Ideal for an owner-user or multi-generational living, with 3 of the 4 units delivered vacant
  • Ample parking, with two-car garages for each of the rear units
  • Offers a low-density atmosphere with the privacy and charm of a single-family neighborhood

Documents

FILE
723 Tujunga OM.pdf
6.14 MB · Listing document
723 E Tujunga Ave - 723 Tujunga Ave
4,668 SF · multifamily · United States · CA
View OM