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$2,200,000

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • 5 Car Garage
  • Updated 6 days ago
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Sellers will carry the 1st loan with an acceptable down payment, and offer the interest lower than the current market rate and potential to have a positive cash flow with a lower down payment. This will be a great Investment Opportunity in the Heart of Burbank. This well-maintained 5-unit property features a desirable front owner's unit and a two-story rear building with four additional rental units. Amenities include five garage parking spaces, one uncovered parking spot, and an on-site laundry room, ideal for both tenant convenience and additional income potential. Perfectly located near Warner Bros. and NBC Studios, and just 15 minutes from Universal Studios. The front unit is owner-occupied; it will be vacant at closing. The property underwent extensive renovations in 2022 and 2023, including a new roof on units and garages and new dual-pane windows in most units (except one). The current leases remain in place through August 31, 2025. The owner unit's rent can be set at the market rent, subject to California's rent control guidelines. The new owner can increase revenue through separate charges for garage parking and storage. Potential Value Add by building a new ADU above the current garage or converting it to an ADU. With rent increases taking effect, coupled with low building expenses and minimal maintenance, this property has the potential to achieve a cap rate exceeding 5.0%.

Full Property Details for 140 N Pass Ave

General

  • Price: $2,200,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 25555629
  • Updated: 1/9/2026
  • Added to Site: 210 day(s) ago

Interior

  • Rooms/Areas: Breakfast Area, Primary Bedroom
  • Interior Features: Crown Moldings, Laundry - Closet Stacked
  • Cooking Appliances: Gas/Electric Range
  • Flooring: Laminate

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Bathroom Features: Low Flow Toilet(s), Shower Stall

Bedrooms

  • Total Bedrooms: 6

Other Rooms

  • Laundry: Laundry Closet Stacked, In Unit, Community

Additional Information

  • Shared Amenities: None
  • Pool Description: None
  • Spa Description: None
  • Security/Safety: Carbon Monoxide Detector(s), Smoke Detector
  • Other Features: None

Exterior

  • Deck/Patio: None

Parking

  • Garage: Yes
  • Garage Spaces: 5
  • Covered Spaces: 5
  • Garage Description: Garage - 1 Car, Garage - 2 Car, Parking Space, On street

Location

  • Area: Burbank
  • County: Los Angeles
  • Driving Directions: From 134 Freeway to the west, exit at Olive Ave, and turn left on West Alameda Ave, then turn left on Pass Ave, the property is on the left side

Community

  • Assoc. Fees Include: Alarm System

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Natural Gas

Utilities

  • Sewer: In Street Paid
  • Water: Water District, District
  • TV Service: Cable TV
  • # Water Meters: 5

Structural Information

  • # Buildings: 1
  • Architectural Style: Contemporary Mediterranean
  • Exterior Const.: Stucco
  • Roof: Composition, Shingle
  • Common Walls: Attached
  • Windows: Mini Blinds
  • Disability Access: None
  • Entry Location: Ground Level w/steps
  • Stories/Levels: 2
  • Square Feet: 4,077
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1941
  • Year Built Source: Vendor Enhanced
  • Property Condition: Updated/Remodeled

Unit Information

  • Units in Complex: 5
  • Unit Type: 2106, 2107

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Additional Structures

  • Other Structures: None

Lot Features

  • Property View: City
  • Lot Size (Acres): 0.1306
  • Lot Size: 5691
  • Lot Size Source: Vendor Enhanced
  • Lot Dimensions: 52 x 110
  • Alley: Yes
  • Irrigation System: Sprinkler System
  • Lot Features: Flats
  • Zoning: BUR4*
  • Lot Description: Lot Shape-Rectangular, Single Lot

Financial Considerations

  • Price Per Sq. Ft.: $539.61
  • Insurance Fee: $9,000
  • Assessment Year: 1941
  • Owner Pays: Gardener
  • Tenant Pays: Electricity, Cable TV, Air Cond/Heat Maint, Gas, Trash Collection, Water
  • Pays Electric: 1800

Disclosures and Reports

  • Disclosures/Reports: As Is
  • APN: 2485-007-012

Listed by Keller Williams Glendale, Somboon Nakorn

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Listing agent

— 140 N Pass Ave —

  • Somboon Nakorn

    Keller Williams Glendale

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 140 N Pass Ave

School District:Burbank Unified School District
NameGradesDistance
R. L. Stevenson Elementary School
3333 West Oak Street, Burbank, CA 91505
K-50.6 mi
Dolores Huerta Middle
420 South Mariposa Street, Burbank, CA 91506
6-81.8 mi
Burroughs High School, Burbank, CA
1920 West Clark Avenue, Burbank, CA 91506
9-121.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 140 N Pass Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/06/2026
Price Reduced
$2,200,000
-8.33%
MLS
6/20/2025
Listed
$2,399,900
41.59%
MLS
7/06/2017
Sold
$1,695,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 140 N Pass Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$23,765
4%
$2,066,139
4%
2023
$22,794
11%
$1,985,975
9%
2022
$20,516
—
$1,830,146
2%
2021
$20,434
1%
$1,794,295
1%
2020
$20,214
3%
$1,775,914
2%
2019
$19,620
1%
$1,739,450
3%
2018
$19,362
231%
$1,695,000
258%
2017
$5,857
4%
$473,061
2%
2016
$5,652
2%
$463,786
2%
2015
$5,548
—
$456,820
2%
2014
$5,564
1%
$447,873
—
2013
$5,512
—
$445,850
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 140 N Pass Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Keller Williams Glendale, Somboon Nakorn

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140 N Pass Ave, Burbank, CA 91505 (MLS# 25555629) is a Multi-Family property with units containing 6 bedrooms and 0 full bathrooms. 140 N Pass Ave is currently listed for $2,200,000 and was received on June 20, 2025. Want to learn more about 140 N Pass Ave? Do you have questions about finding other Multi-Family real estate for sale in Burbank? You can browse all Burbank real estate or contact a Coldwell Banker agent to request more information.

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