$1,620,000
$75K PRICE DROP

13444 Burbank Blvd Van Nuys, CA 91401

Estimated payment $10,593/month

Total Views 2,112
5 Beds
9 Baths
3,748 Sq Ft
$432 Price per Sq Ft

About This Home

Situated one block from Los Angeles Valley College, the property allows an investor to tap into a high-demand rental pocket while benefiting from the demographics in one of the most desirable neighborhoods within Los Angeles. The property's seismic retrofit repairs have already been completed (Buyer to verify), so a new owner is saved from an otherwise expensive capital expenditure while simultaneously benefiting from monthly passthrough payments. Plumbing at the property has already been upgraded with copper pipes, helping to reduce both maintenance and utility costs for the new owner. Just within the past three years, three of the units have been renovated with upgraded flooring, countertops, windows, and light fixtures. This helps to provide a blueprint for a new investor to remodel the remaining units, which may help recapture the 30% rent upside. Located near the intersection of Woodman Avenue and Burbank Boulevard, the property offers high visibility along one of the San Fernando Valley's main thoroughfares. The Westfield Fashion Square is just 1.3 miles away, while the high-end boutiques and fine dining destinations along Ventura Boulevard are only two miles south. Residents in the area can shop at the numerous grocery stores nearby, notably Erewhon, Whole Foods Market, and Trader Joe's.

Listing Agent

Rick Raymundo

Marcus & Millichap License #01357019 Listed on: 05/08/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 5,500 Sq Ft Lot

Interior Spaces

  • 3,748 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 9 Bathrooms

Parking

  • 7 Parking Spaces
  • Assigned Parking

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 2344-009-004

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3748
  • Lot Acreage: 0.1263
  • Stories: 2
  • Year Built: 1957
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 9.00
  • Price Per S Q F T: 432.23

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 7

Lot Info

  • Assessed Improvement Percent: 60.19
  • Assessed Improvement Value: 754378
  • Assessed Land Percent: 39.81
  • Assessed Land Value: 499050
  • Total Assessed Value: 1253428
  • Assessor Parcel Number: 2344-009-004
  • Lot Size Area: 5500

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 12.71
  • Number Of Units: 7
  • Total Annual Expense: 47125
  • Type Of Units: Residential
  • Vacancy Rate: 0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2025 06/19/25 Price Changed $1,620,000 -4.4% $432 / Sq Ft
05/08/2025 05/08/25 For Sale $1,695,000 0.0% $452 / Sq Ft
08/08/2023 08/08/23 For Rent $1,585 0.0% --
06/07/2023 06/07/23 For Rent $1,585 -- --
Source: The MLS

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Source: The MLS

MLS Number: 25536257

The MLS