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140 N Pass Avenue

Burbank, CA 91505

– beds
– baths
– sqft
5,691 sqft lot
1941 build
– on site

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%.

Listed By CRMLS_CA / Somboon Nakorn / Keller Williams Glendale

Last checked: Checking… • Last updated Jun 22, 2025 •

MLS# 25555629 —

The Building

Year Built:

1941
New Construction:

No
Construction Materials:

Stucco
Building Area Total:

4077.00
Total Number Of Units:

5
# of Buildings:

1
Roof:

Composition, Shingle
Stories Total:

2
Accessibility Features:

None
# of Separate Water Meters:

5

Interior

Features:

Crown Molding
Levels:

Two
Entry Location:

Ground Level w/steps
Flooring:

Laminate
Fireplace:

Yes
Fireplace:

Bath, Kitchen, Living Room
Laundry:

Stackable, Community
Laundry:

1

Location

Directions:

From 134 Freeway to the west, exit at Olive Ave, and turn left on West Alameda Ave, then turn left on Pass Ave, the property is on the left side
Latitude:

34.15080300
Longitude:

-118.34308400

The Property

Property Type:

Residential Income
Property Condition:

Updated/Remodeled
Zoning:

BUR4*
Lot Features:

Rectangular Lot
Lot Size Area:

5691.0000
Lot Size Dimensions:

52x110
Lot Size Acres:

0.1306
Lot Size SqFt:

5691.00
View:

1
View:

City Lights
Security Features:

Carbon Monoxide Detector(s), Smoke Detector(s)

Listing Agent

Contact info:

Taxes

Taxes Percent:

1.25

The Listing

Special Listing Conditions:

Standard
Parcel Number:

2485007012

Heating & Cooling

Heating:

1
Heating:

Natural Gas

Utilities

Sewer:

Sewer Paid
Water Source:

Public

Appliances

Appliances:

Disposal, Refrigerator, Gas Range
Included:

Yes

The Community

Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

No

Parking

Parking:

Yes
Parking:

Garage - Single Door, Garage - Two Door, Parking Space, Street
Parking Spaces:

6.00
Garage Spaces:

5.00
Uncovered Spaces:

1.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/21/25 Jun 21, 2025	Listed / Active	CRMLS_CA	$2,399,900	41.6% (5.3% / YR)
7/26/17 Jul 26, 2017		CRMLS_CA	$1,695,000

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This multifamily located in Media Center, Burbank, CA 91505 is currently for sale for $2,399,900. 140 N Pass Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 1 days. 140 N Pass Avenue is in the Media Center neighborhood of Burbank and has a WalkScore® of 79, making it very walkable. This multifamily is in the attendance area of David Starr Jordan Middle School, John Burroughs High School, and R.L. Stevenson Elementary School.

Listing Courtesy of: CRMLS_CA and Keller Williams Glendale. Based on information from California Regional Multiple Listing Service, Inc. as of 00:02 on Jun 22.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.