Property Details
About this Property
This is an incredible value-add opportunity situated in a highly desirable area of Burbank. Boasting a generous 10,603 sq. ft. lot, this property offers significant development potential—possibility to build up to 10 units, subject to verification and approval by the City of Burbank. Buyers are encouraged to conduct their own due diligence with the city to explore the full scope of development options. Currently, the property features six well-maintained residential units, thoughtfully distributed across three separate garden-style buildings. The unit mix includes: Three (3) units with 1 bedroom and 1 bathroom, and Three (3) units with 2 bedrooms and 1 bathroom. Each unit offers a comfortable and functional living space, and five out of six units are equipped with central heating and air conditioning for year-round comfort. The interiors have been meticulously maintained, reflecting pride of ownership, and several long-term tenants add stability to this income-producing asset. Parking accommodations include a 4-car carport and three uncovered parking spaces, offering a total of 7 on-site parking spots. A coin-operated laundry area, conveniently located within one of the carports, provides additional income potential and convenience for tenants. Notably, the last
MLS Listing Information
MLS #
CRBB25062782
MLS Source
California Regional MLS
Days on Site
53
Interior Features
Cooling
Central Forced Air
Heating
Central Forced Air
Exterior Features
Roof
Composition
Style
Bungalow
Parking, School, and Other Information
Garage/Parking
Garage: 6 Car(s)
Contact Information
Listing Agent
Joyce Starleaf
Equity Union
License #: 00782682
Phone: –
Co-Listing Agent
Alison Tideback
License #: 01334601
Phone: –
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | 6 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1700 Grismer Ave is a Residential Income in Burbank, CA 91504. This – square foot property sits on a 10,603 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,650,000 and was built in 1941. This address can also be written as 1700 Grismer Ave, Burbank, CA 91504.
©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of April 17, 2025. For the most current information, please contact Joyce Starleaf
