$4,899,000

1814 Grismer Avenue, Burbank, CA 91504

  • 9,906 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1961
  • Property Lot Size Icon10,019sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $495/sqft
  • Property List Date Icon Listed 16 days ago

Property Description

We are pleased to present 1814 Grismer Avenue, a 14-unit multifamily investment ideally positioned in North Burbank, one of Southern California's most consistently sought-after rental markets. Tucked within a quiet residential pocket just minutes from Thomas Jefferson Elementary School, John Muir Middle School, and McCambridge Park & Recreation Center. A gated pool area provides an inviting space for residents to swim, sunbathe, and BBQan increasingly scarce amenity that enhances tenant satisfaction and long-term retention. The property also features a large on-site laundry room with seller-owned machines, allowing a new owner to enjoy immediate income without the burden of third-party leases.Constructed in 1961, the property spans approximately 9,906 square feet and is comprised of 10 one-bedroom/one-bath units, 2 two-bedroom/two-bath units, and 2 studio units. All units are separately metered for gas and electricity. Over the years, ownership has completed meaningful capital improvements, including roof replacement, upgraded windows, and a new main electrical panel, positioning the asset for stable performance with limited near-term capital needs.Strategically located north of the I-5 Freeway and west of North Glenoaks Boulevard, 1814 Grismer Avenue benefits from immediate acce

Listing Status:
Active
Date Added:
January 22, 2026
Data Last Updated:
February 8, 2026 at 5:08AM
Listing Office:
Marcus & Millichap : 818-212-2700
Listing Agent:
Sevak Keshishian : 818-212-2694
MLS ID:
CL26641923
  • Laundry: Laundry Room
  • A/C: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Parking: CoveredOtherUncovered Parking Space
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: BUR42468005023
  • Source: CRMLS

Presented by Veterans United Realty

This listing courtesy of Sevak Keshishian , Marcus & Millichap

Monthly Payment

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

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Location

Schools Nearby

T

Thomas Jefferson Elementary School

1900 N 6th St, Burbank, CA, 91504

Grades KG-5

0.34 miles away

M

Magnolia Park

1915 W Monterey Ave, Burbank, CA, 91506

Grades 6-12

0.71 miles away

M

Monterey High (Continuation)

1915 W Monterey Ave, Burbank, CA, 91506

Grades 9-12

0.70 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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