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700 S 6th St, Burbank, CA 91501

$10,150,000
  • 29

    bed

  • 34

    bath

  • 20,768

    Sqft ($489/Sqft)

Multi-family for sale 106 days

About 700 S 6th St

Property type Multi-family
Neighborhood
Year built 1958
HOA fee $0/month
Lot size 0.43 Acre
Movoto estimate
Property description
With a prime corner lot location north of Glenoaks Boulevard, the property offers residents a home in the picturesque foothills of the Verdugo Mountains with Downtown Burbank and the Burbank Town Center shopping mall just blocks away. Buildings of this size and in this location are rarely available for sale, with fewer than one such property transacting per year over the past two decades (Source: CoStar COMPS). Due to the fact that the property is subject only to Burbank's local rent ordinance, a new owner may be able to recapture the rent upside and keep pace with improving rent growth via higher allowable rent increases, when compared with other assets subject to Los Angeles rent control. At the same time, deferred maintenance costs are dramatically reduced as the property has been thoroughly upgraded and well maintained in recent years. Seismic retrofit repairs were completed in January 2026, while a new roof was added, new windows were installed, and plumbing was replaced in 2018/2019. Tenants are easily attracted to the building's impressive amenities package, which includes central air/heat, recessed lighting, vaulted ceilings, quartz countertops, stainless steel appliances, and new vinyl windows. Dubbed the "Media Capital of the World," the city of Burbank is home to a vast contingent of entertainment employers, which allows tenants convenient commutes to studios. Notable media production campuses in and around Burbank include Disney Studios, Walt Disney Imagineering, Warner Bros. Studios, Universal Studios, Nickelodeon Studios, Cartoon Network, and Dreamworks Animation. In addition to the Burbank Town Center Shopping Mall, several other retail and dining destinations are conveniently accessible to tenants, including the Empire Center, Costco, Ikea, and the Americana at Brand lifestyle center.
Listed by
Listing Agent - Roderick 'Rick' Raymundo
Listing Office - Marcus & Millichap
Source: The MLS mls logo
MLS#26839671 • last updated 3 months ago
Movoto checked The MLS for data 5 minutes ago
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Overview
Levels/Style Two
MLS # 26839671
Type Residential Income
Status Active
SqFt 20768
Lot Size (SqFt) 18731
Lot Size (Acres) 0.4281
Year Built 1958
Interior
Total # of Baths 34
Total # of Bedrooms 29
Exterior
# Parking Spaces 26
Parking Desc Assigned
Add'l Structures Other
Amenities / Utilities
Equipment Other
Location
County Los Angeles
Zoning BUR4*
APN 5621-020-013
Multifamily Details
Unit 3: Furnished No
Unit 1: Furnished No
Unit 4: Furnished No
Unit 3: Projected Rent 2645
Unit 1: Projected Rent 17955
Unit 4: # Beds 2
Unit 1: Rent 1830
Unit 2: Rent 2067
Unit 3: Rent 2652
Unit 4: Rent 2573
Unit 2: Furnished No
Unit 2: Projected Rent 47900
Unit 4: Projected Rent 11580
Unit 3: # Beds 1
Unit 2: # Beds 1
Unit 2: # Baths 1
Unit 3: # Baths 1
Unit 1: # Baths 1
Unit 4: # Baths 1
Unit 4: Actual Rent 10293
Unit 2: Actual Rent 41347
Unit 3: Actual Rent 2652
Unit Type 2106, 2107, 2108, 2109
Unit 1: Actual Rent 16474
Total # Of Buildings 1
Net Operating Income 619833
Cap Rate 6.11
Gross Income 894523
Gross Operating Income 869047
Gross Rent Multiplier 11.35
Total Annual Expenses 249214
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Source: GreatSchools.org © 2026. All rights reserved.

Around Hillside District

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  • Real Estate
  • CA
  • Los Angeles County
  • Burbank
  • 91501
  • Hillside District
  • 700 S 6th St

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