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140 N Pass Ave, 
Burbank, CA 91505

$2,399,900


6

Beds


5

Baths


4,077

Sq Ft


Multi-Family

Active

Listed by

Somboon Nakorn

Keller Williams Glendale

818-432-3200

Last updated:

June 22, 2025, 02:24 PM

MLS#

25555629

Source:

CA CLAW

About This Home

140 N Pass Ave

Exceptional 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 a prime candidate for Airbnb or short-term rentals, offering significantly higher revenue compared to traditional annual leasing. 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 August 31, 2025, the owner unit's rent based on AirBNB income, at which time rents can be adjusted by California's rent control guidelines. Bonus income potential: The new owner can increase revenue through separate charges for garage parking and storage. With rent increases taking effect, coupled with low building expenses and minimal maintenance, this property has the potential to achieve a cap rate exceeding 5.5%.

Home Facts

Multi-Family

5 Baths

6 Bedrooms

Built in 1941

Price Summary

2,399,900

$588 per Sq. Ft.

MLS #:

25555629

Last Updated:

June 22, 2025, 02:24 PM

Added:

3 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

5

Interior

Living Area:

4,077 Sq. Ft.


Structure

Structure

Architectural Style:

Contemporary Mediterranean

Year Built:

1941


Lot

Lot Size (Sq. Ft):

5,691


Finances & Disclosures

Finances

Price:

$2,399,900

Price per Sq. Ft:

$588 per Sq. Ft.

Source:CA CLAW
The information being provided by The MLS/Claw is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 The MLS/Claw All rights reserved.

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