Listed by Brett Cervantes, Kott & Company, Inc., (714) 772-7000 . Bought with Galaxy Real Estate Services, Inc.
1019 E Spazier Ave
Burbank, CA 91502
Burbank Center- 10 Beds
- 8 Baths
- 5,722 sqft (on 0.39 acres)
10 Beds
8 Baths
5,722 sqft
(on 0.39 acres)
Local Information
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Description
Paul Kott Realtors, Inc. – Commercial Division is pleased to present this multifamily investment opportunity in prime Burbank. 1019-1023 East Spazier Avenue offers eight charming bungalow style units in a prime location situated walking distance to Ralph’s, Trader Joe’s, Starbucks, CVS, Walgreens, and several other shopping and dining options making it attractive for any tenant to live so close to convenience.
This unique rarely traded asset is situated in one of the most desirable rental markets in Los Angeles located walking distance to downtown Burbank, 0.3 miles to the 5 Freeway, and approximately 3 miles to Warner Bros. Studios. Additionally, the property is not subject to any local or city rent control and only subject to AB-1482.
The property sits on a double lot totaling 16,900 SF of land with 5,722 SF of rentable space consisting of (2) two-bedroom, one bath units and (6) one-bedroom, one bath units. Each unit maintains its own washer and dryer and is separately metered for electricity and gas which the tenants pay for. The offering provides a rare opportunity for a savvy investor to acquire this trophy asset for long term appreciation.
Please contact listing agent for Offering Memorandum.
*DO NOT ENTER ONTO PROPERTY WITHOUT SELLER'S WRITTEN CONSENT*
This unique rarely traded asset is situated in one of the most desirable rental markets in Los Angeles located walking distance to downtown Burbank, 0.3 miles to the 5 Freeway, and approximately 3 miles to Warner Bros. Studios. Additionally, the property is not subject to any local or city rent control and only subject to AB-1482.
The property sits on a double lot totaling 16,900 SF of land with 5,722 SF of rentable space consisting of (2) two-bedroom, one bath units and (6) one-bedroom, one bath units. Each unit maintains its own washer and dryer and is separately metered for electricity and gas which the tenants pay for. The offering provides a rare opportunity for a savvy investor to acquire this trophy asset for long term appreciation.
Please contact listing agent for Offering Memorandum.
*DO NOT ENTER ONTO PROPERTY WITHOUT SELLER'S WRITTEN CONSENT*
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from June 26, 2023
Home Highlights
Parking
Garage
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 1019 E Spazier Ave
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Beds & Baths Number of Bedrooms: 10Number of Bathrooms: 8 |
Appliances & Utilities Laundry: In Kitchen |
Windows, Doors, Floors & Walls Common Walls: 2+ Common Walls |
Levels, Entrance, & Accessibility Number of Stories: 1Entry Location: Street |
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Exterior Home Features No Private Pool |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageParking Spaces: 2Parking: Garage |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 27 |
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Year Built Year Built: 1940 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 5624002032Additional Parcels Description: 5624002033 |
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Price List Price: $2,998,000 |
Status Change & Dates Off Market Date: Tue May 09 2023 |
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MLS Status: Closed |
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Direction & Address City: Burbank |
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Building Area Building Area: 5722 Square Feet |
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Community Features: Street Lights, SidewalksNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 0.39 acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Cash to New Loan, Conventional |
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No Rent Control |
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Mls Number: PW23060870Living Area Range Units: Square FeetCommon Interest: Community ApartmentUniversal Property Id: US-06037-N-5624002032-R-N |
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Street LightsSidewalks |
Last check for updates: about 2 hours ago
Listed by Brett Cervantes DRE #01499474, (714) 345-5848
Kott & Company, Inc.
Bought with: Varouj Madadian DRE #01013113, Galaxy Real Estate Services, Inc.
Originating MLS: California Regional MLS
Source: CRMLS, MLS#PW23060870

Price History for 1019 E Spazier Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 06/23/2023 | $3,000,000 | Sold | CRMLS #PW23060870 |
| 05/09/2023 | $2,998,000 | Pending | CRMLS #PW23060870 |
| 04/13/2023 | $2,998,000 | Listed For Sale | CRMLS #PW23060870 |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $17,765 |
| Assessment | $1,560,600 |
Home facts updated by county records
Comparable Sales for 1019 E Spazier Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.28 | Multi-Family Home | $2,143,000 | 02/03/26 | 10 | 10 | 5,048 | |
0.13 | Multi-Family Home | $3,725,000 | 11/26/25 | 16 | 14 | 7,042 | |
0.22 | Multi-Family Home | $2,450,000 | 03/25/26 | 6 | 6 | 3,080 | |
0.39 | Multi-Family Home | $3,100,000 | 07/29/25 | 12 | 12 | 7,754 | |
0.70 | Multi-Family Home | $3,050,000 | 02/26/26 | 14 | 11 | 7,089 | |
0.18 | Multi-Family Home | $1,680,000 | 12/03/25 | 5 | 4 | 2,412 | |
0.87 | Multi-Family Home | $2,100,000 | 11/03/25 | 8 | 8 | 4,820 | |
0.87 | Multi-Family Home | $2,525,000 | 10/17/25 | 11 | 11 | 7,211 | |
0.46 | Multi-Family Home | $1,530,000 | 02/18/26 | 6 | 4 | 2,897 | |
0.79 | Multi-Family Home | $2,000,050 | 10/07/25 | 7 | 6 | 4,500 |
Assigned Schools
These are the assigned schools for 1019 E Spazier Ave.
What Locals Say about Burbank Center
At least 63 Trulia users voted on each feature.
87 % Say there are sidewalks
85 % Say it's dog friendly
77 % Say it's walkable to restaurants
71 % Say people would walk alone at night
70 % Say streets are well-lit
69 % Say there's holiday spirit
66 % Say car is needed
61 % Say it's walkable to grocery stores
59 % Say it's quiet
50 % Say parking is easy
49 % Say they plan to stay for at least 5 years
46 % Say yards are well-kept
42 % Say there's wildlife
39 % Say kids play outside
38 % Say there are community events
37 % Say neighbors are friendly
Sourced by Trulia users. Learn more about our methodology.
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Homes for rent near 1019 E Spazier Ave
1019 E Spazier Ave, Burbank, CA 91502 is a 10 bedroom, 8 bathroom, 5,722 sqft multi-family built in 1940. 1019 E Spazier Ave is located in Burbank Center, Burbank. This property is not currently available for sale. 1019 E Spazier Ave was last sold on Jun 23, 2023 for $3,000,000 (0% higher than the asking price of $2,998,000). The current Trulia Estimate for 1019 E Spazier Ave is $1,706,800.