About 1819 W Alameda Avenue
1819 W. Alameda Ave is offered at a 6.20% cap rate and comprises 20 units in Burbank's Rancho Adjacent neighborhood, near the center of the city between Verdugo and Alameda Avenues. The unit mix includes 16 two-bedroom/two-bathroom units and 4 two-bedroom/one-bathroom units, 11 of which have already been remodeled giving new ownership a clear value-add roadmap: renovate the remaining nine units to bring them to market rent and capture the property's approximately 15% loss to lease by filling existing vacancies. Additional upside exists in monetizing the property's 40 parking spaces, which currently sit unrented.
Features of 1819 W Alameda Avenue
| MLS® # | 26865431 |
|---|---|
| Price | $7,850,000 |
| Bedrooms | 4 |
| Bathrooms | 3.00 |
| Square Footage | 19,358 |
| Acres | 0.37 |
| Year Built | 1986 |
| Type | Residential Income |
| Status | Active |
Community Information
| Address | 1819 W Alameda Avenue |
|---|---|
| Area | 610 - Burbank |
| City | Burbank |
| County | Los Angeles |
| Zip Code | 91506 |
Amenities
| Parking Spaces | 40 |
|---|---|
| Parking | Underground |
| Garages | Underground |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s) |
|---|---|
| Appliances | Refrigerator, Dryer, Washer |
| Heating | Central |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Multi/Split |
Additional Information
| Date Listed | July 28th, 2026 |
|---|---|
| Days on Market | 45 |
| Zoning | BUR4* |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Douglas Steinriede |
|---|---|
| Office | Dover Management Corp. |
