1544 N Edison Blvd
Burbank, CA 91505
Rare opportunity to acquire an 8-unit, non-rent-controlled multifamily property in prime Burbank, held by the original builder for over 35 years.
Sales Price $4,500,000
Burbank Apartment
Beds
16
Baths
16
Home Size
7787 Sq. Ft.
Lot Size
7677 Sq. Ft.
Rare opportunity to acquire an 8-unit, non-rent-controlled multifamily property in prime Burbank, held by the original builder for over 35 years.
All units are spacious 2-bedroom, 2-bathroom layouts of approximately 1,000 sq ft, featuring modern finishes such as tile and laminate flooring, central A/C, and mirrored closet doors. Some units offer private balconies. The property includes gated entry, two parking spaces per unit, and a private storage room for each unit in the garage. Ideally situated near major studios like Warner Bros. and Disney, with easy access to freeways, Metrolink, and Burbank Airport. Tenants enjoy walkable access to shops, restaurants, and top-rated schools within the Burbank Unified School District. This property is not subject to local rent control. It is governed only by California s statewide rent cap law (AB 1482), which limits annual rent increases and provides just-cause eviction protections. Value-add potential includes the ability to increase income by adding in-unit washer and dryers and adjusting rents to market levels. The uniformity of unit layouts, long-term ownership history, and well-maintained condition make this a low-maintenance, easy-to-manage asset, ideal for both seasoned and first-time multifamily investors. With strong rental demand and minimal regulatory restrictions, this property offers immediate cash flow and long-term upside. Disclaimer: Information herein is deemed reliable but not guaranteed. Buyers are advised to verify all facts and conduct their own due diligence prior to purchase.
This home located at 1544 N Edison BLVD is currently active and has been available on pardeeproperties.com for 0 day. This property is listed at $4,500,000. It has 16 beds and 16 bathrooms. The property was built in 1987. 1544 N Edison BLVD is in the Burbank community of Los Angeles County.
Quick Facts
- Built in 1987
- Total parking spaces 0Car
- Apartment
- Community | Burbank
- MLS# | SR25176652MR
Features
- Central Cooling
The multiple listings information is provided by The MLS™/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2014 The MLS™/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate and should be independently verified.
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