$2,425,000
-$20,000723 E Tujunga Avenue, Burbank CA 91501
Multi-Family (Fourplex)
Property type
108 days
On market
$519
Price per sqft
8 cars
Garage
1970
Year built
7,753 sqft
Lot size
Home highlights
Open Houses
Overview
We are proud to represent this 4 unit property in Burbank. The building was constructed in 1970. Its unit mix consists of (4) 2+2 units, one of which is a house. With a lot size of 7,750 square feet, the property has a total of 4,668 rentable square feet. All 4 units are vacant. The property is located in Burbank, which is a highly desirable rental market and...
Listing provided by: Cindy Hill DRE #00885625, Equity Union
Listing updated: Jun 4, 2026 at 04:55pm.
Last checked: Jun 4, 2026 at 05:30pm
Source: CRMLS #SR26035648
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 4 | 2 | 2 | 2 | $3,531 | $14,125 | $14,125 | Unfurnished |
# of Buildings: 2
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 4
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
14.3x
List Price / Annual Gross Rent
Cap Rate
5.1%
NOI / List Price
Gross Scheduled Income: $169,500
Operating Expense: $40,726
Net Operating Income: $123,689
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $4,300
Trash: $0
Water / Sewer: $3,240
Interior
Heating: Central
Laundry: Common Area
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: One Common Wall
Lot Features: Rectangular Lot
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 8
Parking Total: 8
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 2455016011
Additional Parcels: No
Tax Lot: 9
Tax Block: 16
Community
Senior Community: No
Community Features: Suburban, Urban, Valley
Nearby Schools
Nearby schools around the 723 E Tujunga Avenue, Burbank, CA 91501. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,940,000
Total Interest
$2,474,363
Total Payment
$4,414,363
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$14,938
per month
Property History for 723 E Tujunga Avenue
Burbank Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 91501.
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