Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
40 Beds
40 Baths
19,358 sqft

$7,850,000

1819 W Alameda Avenue, Burbank CA, 91506

Price per sqft$405.52
Built in1986
Property size19,358 sqft
Property typeResidential

Overview

Pending

Listed Jul 28, 2026

Updated 2 weeks ago

1819 W. Alameda Ave is offered at a 6.20% cap rate and comprises 20 units in Burbank's Rancho Adjacent neighborhood, near the center of the city between Verdugo and Alameda Avenues. The unit mix includes 16 two-bedroom/two-bathroom units and 4 two-bedroom/one-bathroom units, 11 of which have already been remodeled giving new ownership a clear value-add roadmap: renovate the remaining nine units to bring them to market rent and capture the property's approximately 15% loss to lease by filling existing vacancies. Additional upside exists in monetizing the property's 40 parking spaces, which currently sit unrented.

$52,226/mo

Est. mortgage payment based on a $7,850,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26865431

Interior Features

Bedrooms
40
Bathrooms
40
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.37 Acres

Other Property Details

55+/Senior Community
No

Listed by Douglas Steinriede, Dover Management Corp., CA DRE 00284936

Listing Contact: 818-843-5200 

Based on information from the CRISNet MLS as of 10/6/2026, 3:59 AM UTC. 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. The information being 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.

©2026 CRISNet MLS. All rights reserved. 

Powered by Luxury Presence