$1,675,000
924 W Clark, Burbank CA 91506
Multi-Family (4 Units)
Property type
3 days
On market
$590
Price per sqft
1 car
Garage
1949
Year built
6,178 sqft
Lot size
Open Houses
Overview
Value-Add 4-Unit Multifamily Investment Opportunity Excellent opportunity to acquire a well-maintained 4-unit multifamily property with recent capital improvements already completed. Ownership has invested in a new roof and new dual-pane windows throughout the building, helping reduce future maintenance costs and enhance tenant appeal. The property features a vacant...
Listing provided by: Allen Hacopian DRE #02086296 818-476-4116, Glen West Realty
Listing updated: Jun 2, 2026 at 06:17pm.
Last checked: Jun 2, 2026 at 07:00pm
Source: CRMLS #GD26119026
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 2 | 2 | 2 | — | $4,432 | $4,432 | $4,800 | Unfurnished |
| 2 | 1 | 1 | — | $3,440 | $3,440 | $3,700 | Unfurnished |
# of Buildings: 2
# of Units Total: 4
Separate Electric Meters: 5
Separate Gas Meters: 4
Separate Water Meters: 1
Rent Control: Yes
Units Leased: 4
Total Actual Rent: $7,872
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
17.7x
List Price / Annual Gross Rent
Cap Rate
3.65%
NOI / List Price
Gross Scheduled Income: $94,464
Operating Expense: $33,284
Net Operating Income: $61,180
Annual Operating Expenses
Electric: $1,100
Gardener: $1,200
Insurance: $5,460
Licenses: $64
Maintenance: $5,000
New Taxes: $19,260
Trash: $0
Water / Sewer: $1,200
Interior
Laundry: None
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: One Common Wall
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 1
Carport Spaces: 4
Parking Total: 5
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 2446026014
Additional Parcels: No
Tax Lot: 30
Community
Senior Community: No
Community Features: Park
Nearby Schools
Nearby schools around the 924 W Clark, Burbank, CA 91506. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,340,000
Total Interest
$1,709,096
Total Payment
$3,049,096
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$10,365
per month
Property History for 924 W Clark
Burbank Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91506.
Similar Homes
Listings with similar prices to 924 W Clark