536 E Cypress Ave
Burbank, CA 91501
- 26 Beds
- 26 Baths
- 15,012 sqft
26 Beds
26 Baths
15,012 sqft
Local Information
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Description
First time on the market in over 27 years, a premier investment opportunity for 13 units in prime Burbank. Constructed in 1986, this well built and well-maintained apartment property is located within one block of N. Glenoaks Blvd. Thirteen 2 Bedroom + 2 bath units were designed with more square footage and larger room sizes than typical apartments of that era. Over the last four years, 4 units have been fully updated including new cabinets, Quartz countertops, vinyl plank flooring and updated bathrooms. Other features such as a secure intercom entry, central heat and AC in all units, gated parking (26 SIDE BY SIDE SPACES), pitched comp shingle roofs, individual water heaters and parking access elevator make this an excellent rental property investment. In 2019 the windows and sliding doors were replaced, in 2020 building exterior was fully repainted and in 2024 the balconies were inspected in accordance with SB721. There is an on-site laundry room with machines owned by sellers, and the building is separated metered for gas and electricity. Located in a highly desirable Burbank neighborhood, this property is within walking distance of the vibrant downtown Burbank and Town Center, providing residents with easy access to shopping, diverse dining options, and dynamic entertainment venues. The property's proximity to major employers, such as Walt Disney Studios, Warner Brothers Studios, and DreamWorks Animation, further contributes to the appeal of its location. With limited property sales in this area, don't miss this chance to acquire a top-quality building in a prime location that will serve as a generational investment. Property is subject to AB1482 Rent Control. PLEASE DO NOT DISTURB TENANTS. INSPECTION UPON ACCEPTED OFFER.
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 February 07, 2025
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 536 E Cypress Ave
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Beds & Baths Number of Bedrooms: 26Number of Bathrooms: 26 |
Dimensions and Layout Living Area: 15012 Square Feet |
Appliances & Utilities Appliances: Range/Oven, Disposal, Dishwasher, MicrowaveDishwasherDisposalLaundry: Common Area,Laundry RoomMicrowave |
Heating & Cooling Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central |
Windows, Doors, Floors & Walls Window: Double Pane Windows |
Levels, Entrance, & Accessibility Stories: 3Levels: Three Or More |
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Exterior Home Features Roof: Composition ShingleOther Structures: None |
Parking & Garage No CarportHas a GarageNo Attached GarageParking Spaces: 26Parking: Community Structure,Secured,Gated |
Pool Pool: None |
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Year Built Year Built: 1986 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
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Price List Price: $5,298,000 |
Status Change & Dates Off Market Date: Tue Dec 10 2024 |
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MLS Status: Sold |
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Direction & Address City: Burbank |
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Building Area Building Area: 15012 Square Feet |
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Lot Area: 9888.12 sqft |
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Special Conditions: Standard |
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Expense Tenant Pays: Electricity, Gas |
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Owner Pays: Water, Grounds CareHas Rent Control |
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Mls Number: 24-440913 |
Last check for updates: about 2 hours ago
Listed by Alexander Metaxas DRE # 01784652, (626) 313-4901
Realty Investment Advisors, Inc.
Bought with: Out Of Area Out Of Area, Out of Area
Source: CLAW, MLS#24-440913

Price History for 536 E Cypress Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 02/05/2025 | $4,875,000 | Sold | CLAW #24-440913 |
| 12/10/2024 | $5,298,000 | Pending | CLAW #24-440913 |
| 09/24/2024 | $5,298,000 | Listed For Sale | CLAW #24-440913 |
| 12/18/2021 | ListingRemoved | Zillow Rental Network_1 | |
| 12/03/2021 | $2,375 | Listed For Rent | Zillow Rental Network_1 |
| 10/06/2021 | ListingRemoved | Zillow Rental Network_1 | |
| 09/21/2021 | $2,125 | PriceChange | Zillow Rental Network_1 |
| 08/29/2021 | $2,200 | Listed For Rent | Zillow Rental Network_1 |
Comparable Sales for 536 E Cypress Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.14 | Multi-Family Home | $3,000,000 | 05/12/26 | 16 | 12 | 7,874 | |
0.55 | Multi-Family Home | $4,700,000 | 03/02/26 | 16 | 24 | 10,020 | |
0.09 | Multi-Family Home | $2,120,000 | 10/15/25 | 12 | 8 | 6,992 | |
0.26 | Multi-Family Home | $1,989,400 | 01/21/26 | 10 | 10 | 5,488 | |
0.86 | Multi-Family Home | $8,820,000 | 01/09/26 | 48 | 48 | 23,440 | |
0.42 | Multi-Family Home | $2,100,000 | 11/03/25 | 8 | 8 | 4,820 | |
0.22 | Multi-Family Home | $1,650,000 | 05/05/26 | 6 | 3 | 3,182 | |
0.49 | Multi-Family Home | $1,950,000 | 09/19/25 | 7 | 6 | 3,770 | |
1.27 | Multi-Family Home | $3,725,000 | 11/26/25 | 16 | 14 | 7,042 |
Assigned Schools
These are the assigned schools for 536 E Cypress Ave.
What Locals Say about Burbank
At least 893 Trulia users voted on each feature.
92 % Say it's dog friendly
91 % Say there are sidewalks
79 % Say it's walkable to restaurants
79 % Say car is needed
77 % Say people would walk alone at night
75 % Say it's walkable to grocery stores
74 % Say streets are well-lit
67 % Say there's holiday spirit
64 % Say parking is easy
61 % Say they plan to stay for at least 5 years
60 % Say it's quiet
58 % Say yards are well-kept
55 % Say kids play outside
53 % Say neighbors are friendly
49 % Say there's wildlife
25 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Apartments for Rent
Homes for sale near 536 E Cypress Ave

© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2026-05-19 04:50:36 PDT. 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Homes for rent near 536 E Cypress Ave
Off Market Homes Near 536 E Cypress Ave
Explore by feature
536 E Cypress Ave, Burbank, CA 91501 is a 26 bedroom, 26 bathroom, 15,012 sqft multi-family built in 1986. This property is not currently available for sale. 536 E Cypress Ave was last sold on Feb 5, 2025 for $4,875,000 (8% lower than the asking price of $5,298,000). The current Trulia Estimate for 536 E Cypress Ave is $4,834,400.