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140 N Pass Avenue Burbank, CA 91505
$2,399,900 6 beds, 5 baths
4, 077 sqft
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Agent Remarks

Exceptional Investment Opportunity in the Heart of Burbank. This well-maintained 5-unit property features a desirable front owner's unit and a two-story rear building with four additional rental units. Amenities include five garage parking spaces, one uncovered parking spot, and an on-site laundry room, ideal for both tenant convenience and additional income potential. Perfectly located near Warner Bros. and NBC Studios and just 15 minutes from Universal Studios. The front unit is a prime candidate for Airbnb or short-term rentals, offering significantly higher revenue compared to traditional annual leasing. The property underwent extensive renovations in 2022 and 2023, including a new roof on units and garages and new dual-pane windows in most units (except one). The current leases remain in place through August 31, 2025, the owner unit's rent based on AirBNB income, at which time rents can be adjusted by California's rent control guidelines. Bonus income potential: The new owner can increase revenue through separate charges for garage parking and storage. With rent increases taking effect, coupled with low building expenses and minimal maintenance, this property has the potential to achieve a cap rate exceeding 5.5%.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25555629
List price is $2,399,900
Beds: 6
Baths: 5
Bath,Kitchen,Living Room fireplaces
Built in 1941
4,077 sqft
2 stories
0.13 acres
Lot size: 0.1306
County: Los Angeles
Zoning: BUR4*
Construction: Stucco
Interior features: Crown Molding
Appliances: Disposal,Gas Range,Refrigerator
Parking description: Door-Multi,Door-Single,Garage,One Space,On Street
Lot description: Rectangular Lot
Heating description: Natural Gas
MLS area: 610 - Burbank

Last Updated: 6/28/2025

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This listing belongs to the 610 - Burbank MLS area

Lat/Long: 34.150803, -118.343084.
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Listing Agent: Somboon Nakorn
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

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Population by Gender

Hispanic/Non-Hispanic Population

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
Lic#: 01317331

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