$7,500,000

1101 East Avenue, Burbank, CA 91504

  • 5 beds |
  • 6 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.41acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

Villa Bonita Condominiums are a pride of ownership, turnkey, two story over parking, 10-unit condominium building. Constructed in 2009 with a flat, rolled composition shingled roof, some pitched concrete tile shingles, and a concrete pier foundation. The Villa Bonita Condominiums are 10 individually parceled condominiums that are currently rented to individual tenants. With 10 separate tax IDs, a new owner can either continue to operate the project in its current form or sell the individual units as condos in the future. Operating as 1101 East Avenue Association, these fully completed condominium units are all owned by the current owner and rented individually. Seller to provide all HOA, CC&R, Bylaws, Certification of completion, White-Slip Condo docs and any other pertinent recorded documents. Buyer to perform its own investigations during the contingency period and make independent verifications and approvals. Amenities: Luxury units, built as condominiums. High end finishes and stainless-steel appliances, including dishwashers. Granite counters, laminate flooring in common areas, carpeted bedrooms. All units have a patio or balcony; gas fireplace; and washer dryers in the unit. Additionally, all units are equipped with individual tankless-water heaters. Tenants enjoy gated entrance and parking. There is a wheelchair lift from the parking garage to the first floor. Rent Control: As of early 2026, the City of Burbank does not have traditional rent control but operates under state law (AB 1482) and local "soft cap" ordinances.

Listing Status:
Active
Date Added:
May 13, 2026
Data Last Updated:
May 20, 2026 at 7:11AM
Listing Office:
Keller Williams Realty/Pasadena : 626-204-3300
Listing Agent:
KEVIN LUTZ : 626-429-0685
MLS ID:
WS26102173
  • A/C: Central Forced Air
  • General: N/K
  • Pool: N/K
  • General: 2 Story
  • Originating MLS: California Regional MLS
  • County: Los Angeles
  • Zoning: Public Rec2459030019
  • Source: California Regional MLS

This listing courtesy of KEVIN LUTZ , Keller Williams Realty/Pasadena

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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