$4,815,000

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 $486/sqft
  • Property List Date Icon Listed 3 months 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:
May 20, 2026 at 6:06PM
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
  • County: Los Angeles
  • Zoning: BUR4*2468005023

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

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