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140 N Pass Avenue, Burbank, CA 91505

$2,100,000 Approx. USD 6 beds, 5 baths
4,077 sqft

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Photo of Julia Shannon

Marketed By Julia Shannon REALTOR® - Sales Associate 714-376-6768 m
949-565-8862 f
Lic#: 02030794
NRDS ID: 205566727
JuliaShannon@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Somboon Nakorn | sambk123@gmail.com
Lic#: 00987926
Broker: Courtesy of Keller Williams Glendale
Phone: 818-432-3200

Co Listing Agent

Erika De Leon | erika@rrbuilds.com
Lic#: 02174115
Broker: Courtesy of The Core Agency
Phone: 818-252-9174

Agent Remarks

Sellers will carry the 1st loan with an acceptable down payment, and offer the interest rate at 5.00% fixed for the first 5 years. The buyer's potential has a positive cash flow with interest payment only. This will be a great 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 owner-occupied; it will be vacant at closing. 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 March 31, 2026. The owner unit's rent can be set at the market rent, subject to California's rent control guidelines. The new owner can increase revenue through separate charges for garage parking and storage. Potential to increase the cap rate higher than 4.51% and have a potential Value Add by building a new ADU above the current garage or converting it to an ADU. The building has minimal maintenance.

Listing Details

Property type: (Multi-Family)

Status: Active Under Contract

MLS# 25555629

List price is $2,100,000 Reduced by $100,000 on 3/3/2026

Price: $2,100,000

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: 6/16/2026

Days On Market (DOM): 361

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This listing belongs to the 610 - Burbank MLS area

Lat/Long: 34.150803, -118.343084.
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Previous Listing

Photo of Julia Shannon

Julia Shannon REALTOR® - Sales Associate 714-376-6768 m
949-565-8862 f
Lic#: 02030794
NRDS ID: 205566727
JuliaShannon@bhhscal.com
Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780