$2,095,000
1138 N Parish Place, Burbank CA 91506
Multi-Family (6 Units)
Property type
143 days
On market
$671
Price per sqft
0 cars
Garage
1955
Year built
5,565 sqft
Lot size
Home highlights
Open Houses
Overview
Prime Burbank 6-Unit Investment Opportunity Presenting a well-maintained 6-unit multifamily property in a prime Burbank rental location. The property features: • 6 one-bedroom, one-bathroom units across two separate buildings • Corner lot at Parish Place and Victory Boulevard • Copper plumbing throughout • Recently updated with partial new roof • Fresh exterior...
Listing provided by: Ani Eskandarian DRE #01236101, Coldwell Banker Hallmark
Listing updated: Jan 14, 2026 at 02:51am.
Last checked: Jun 2, 2026 at 06:30am
Source: CRMLS #GD26008843
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 3 | 1 | 1 | — | $1,900 | $5,700 | $2,100 | Unfurnished |
| 1 | 1 | 1 | — | $1,950 | $1,950 | $2,100 | Unfurnished |
| 1 | 1 | 1 | — | $2,300 | $2,300 | $2,300 | Unfurnished |
| 1 | 1 | 1 | — | $2,240 | $2,240 | $2,300 | Unfurnished |
# of Buildings: 2
# of Units Total: 6
Separate Electric Meters: 5
Separate Gas Meters: 5
Separate Water Meters: 1
Rent Control: No
Tenant Pays: Cable Tv, Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
14.1x
List Price / Annual Gross Rent
Cap Rate
6.49%
NOI / List Price
Gross Scheduled Income: $148,080
Operating Expense: $12,216
Net Operating Income: $135,864
Annual Operating Expenses
Electric: $1,600
Gardener: $1,200
Fuel: $1,680
Insurance: $4,116
Professional Management: $0
Trash: $1,620
Water / Sewer: $2,000
Interior
Cooling: Wall Window Units
Fireplace: None
Laundry: Common Area
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: One Common Wall
Lot Features: Corner Lot
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 2438024022
Additional Parcels: No
Tax Lot: 151
Zoning: BUR4*
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 1138 N Parish Place, Burbank, CA 91506. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,676,000
Total Interest
$2,137,646
Total Payment
$3,813,646
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$12,926
per month
Property History for 1138 N Parish Place
Burbank Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91506.
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