1819 W Alameda Avenue
Burbank, CA 91506
40
Bed
40
Bath
19,358Sqft
16,278Sqft(Lot)
1819 W. Alameda Ave is offered at a 6.20% cap rate and comprises 20 units in Burbank's Rancho Adjacent neighborhood, near the center of the city between Verdugo and Alameda Avenues. The unit mix includes 16 two-bedroom/two-bathroom units and 4 two-bedroom/one-bathroom units, 11 of which have already been remodeled giving new ownership a clear value-add roadmap: renovate the remaining nine units to bring them to market rent and capture the property's approximately 15% loss to lease by filling existing vacancies. Additional upside exists in monetizing the property's 40 parking spaces, which currently sit unrented.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 40Bathroom Information
Total Baths: 40 -
Interior Features
CeilingFansAppliances: Refrigerator, Dryer, WasherLaundry Features: Stacked -
Heating & Cooling
Has Heating: Yes Heating: Central
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Building Information
Year Built: 1986Building Area Total: 19358Private Pool: No
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Lot Information
Main Square Feet: 16278 Lot Size Acres: 0.3737 Lot Size Square Feet: 16,278
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Listing Price Information
Listing Price: $7850000
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Tax Information
Parcel Number: 2444033024
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Virtual Tour
Parking Information
Parking Total: 40 Underground
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Location Information
Direction: Off Alameda and Parish
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 347 W Spazier Avenue, Burbank, CA, 91506 | $1,290,000 | 2 | 2 | 1,440 | 1,440 SqFt |
| 1004 W Clark, Burbank, CA, 91506 | $2,450,000 | 5 | 5 | -- | |
| 700 S Mariposa Street, Burbank, CA, 91506 | $3,400,000 | 4 | 4 | 2,672 | 2,672 SqFt |
| 1333 W Valleyheart Drive, Burbank, CA, 91506 | $2,987,000 | 6 | 5 | 5,120 | 5,120 SqFt |
| 321 S Griffith Park Drive, Burbank, CA, 91506 | $969,500 | 2 | 1 | 1,467 | 1,467 SqFt |
| 615 S Sparks, Burbank, CA, 91506 | $1,535,000 | 3 | 2 | 1,855 | 1,855 SqFt |
| 420 S Reese Place, Burbank, CA, 91506 | $2,095,000 | 4 | 3 | 2,780 | 2,780 SqFt |
| 220 S Reese Place, Burbank, CA, 91506 | $1,575,000 | 3 | 2 | 1,964 | 1,964 SqFt |
| 604 N Sparks, Burbank, CA, 91506 | $1,900,000 | 4 | 3 | 2,699 | 2,699 SqFt |
| 1239 N Reese, Burbank, CA, 91506 | $2,495,000 | 9 | 7 | -- |
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ByOwner last updated this listing 08/16/2026 @ 16:05
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