Active

210 W Spazier

Burbank, CA 91502

$1,595,000 $6,724/Mo

Get Pre-Approved Check your credit

Overview

Bed

Bath

2,492

Sqft

7,758

Sqft(Lot)

Description

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, in terior 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.

Property Details

Property Type : ResidentialIncome

Price : $1,595,000

AD Id : 87704130

MLS Id : SR26147163

Beds : 6

Lot Size : 7,758 Sqft

Living Area Size : 2,492

Year Built : 1949

Garage : 4

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Interior Features

All Bedrooms Down, Bedroom on Main Level

Roof: Composition

Appliances: Dishwasher, Gas Range, Microwave

Laundry Features: Inside, Laundry Closet, Outside, Stacked

Window Features: Double Pane Windows
Heating & Cooling

Has Heating: Yes Heating: Wall Furnace Has Cooling: Yes Cooling: Wall/Window Unit(s)

Building Information

Year Built: 1949

Building Area Total: 2492

Stories: 1

Pool Features: None

Private Pool: No

View: None

Lot Information

Main Square Feet: 7758 Lot Size Acres: 0.1781 Lot Size Source: Assessor Lot Size Square Feet: 7,758 Lot Description: Cul-De-Sac

Listing Price Information

Listing Price: $1595000

1031 Exchange

Tax Information

Parcel Number: 5625016017 Tax Lot: 30

Virtual Tour

Virtual Tour (External Link)

Parking Information

Parking Total: 8 Driveway Level, Door-Single, Garage, On Site, RV Potential

Garage Information

Has Garage: Yes Garage Space: 4

Utility Information

Electricity Connected, Water Connected
Location Information

Direction: Alameda to Lake to Spazier WaterSource: Public

Sell a home like this and save $95,201 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Loading, please wait...

Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
167 W Ash, Burbank, CA, 91502	$1,250,000	4	3	1,658	1,658 SqFt

Similar Multifamily To 210 W Spazier

Nearby For Sale

Active

$1,000,000

Multifamily For Sale

3007 W Victory Boulevard,
Burbank, CA, 91505

Bed

Bath

Sqft

Sqft(Lot)

3009 W Victory Boulevard,
Burbank, CA, 91505

Bed

Bath

Sqft

Sqft(Lot)

3013 W Victory,
Burbank, CA, 91505

Bed

Bath

Sqft

Sqft(Lot)

167 W Ash,
Burbank, CA, 91502

Bed

Bath

Sqft

Sqft(Lot)

1749 N Hollywood,
Burbank, CA, 91505

Bed

Bath

2,080

Sqft

6,406

Sqft(Lot)

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/26/2026 @ 11:44

MLS: SR26147163 LISTED BY: Brian Palmer, RE/MAX Gateway 661-702-4900 SOURCE: CRMLS