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1101 East AvenueBurbank, CA 91504

For Sale

$7,500,000

Smart Buyer Rebate $75,000

“Villa Bonita Condominiums” are a pride of ownership, turnkey, two story over parking, 10-unit condominium building. Constructed in 2009 with a flat, rolled composition shingled roof, some pitched concrete tile shingles, and a concrete pier foundation. The “Villa Bonita Condominiums” are 10 individually parceled condominiums that are currently rented to individual tenants. With 10 separate tax ID’s, a new owner can either continue to operate the project in its current form or sell the individual units as condos in the future. Operating as 1101 East Avenue Association, these fully completed condominium units are all owned by the current owner and rented individually. Seller to provide all HOA, CC&R, Bylaws, Certification of completion, White-Slip Condo docs and any other pertinent recorded documents. Buyer to perform its own investigations during the contingency period and make independent verifications and approvals. Amenities: Luxury units, built as condominiums. High end finishes and stainless-steel appliances, including dishwashers. Granite counters, laminate flooring in common areas, carpeted bedrooms. All units have a patio or balcony; gas fireplace; and washer dryers in the unit. Additionally, all units are equipped with individual tankless-water heaters. Tenants enjoy gated entrance and parking. There is a wheelchair lift from the parking garage to the first floor. Rent Control: As of early 2026, the City of Burbank does not have traditional rent control but operates under state law (AB 1482) and local "soft cap" ordinances.

Listed by KEVIN LUTZ

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License #00925595

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Keller Williams Realty/Pasadena

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626-429-0685

Listed by KEVIN HURLEY

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License #01237798

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Keller Williams Realty/Pasadena

Last updated May 14, 2026

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Source: CRMLS #WS26102173

Listing Facts

  • TypeMulti-family
  • NeighborhoodHillside District
  • Days on Prevu34

Amenities

  • Dishwasher
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

05/13/2026
Listed by Keller Williams Realty/Pasadena
$7,500,000

Property Details for 1101 East Avenue

Association

Amenities

  • Community Features: Curbs

Exterior

Construction

  • Number Of Units Total: 10
  • Property Attached: Yes
  • Stories: 2
  • Stories Total: 2
  • Year Built: 2009
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: Front

Measurements

  • Building Area Total: 15,535
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.41
  • Lot Size Area: 17,905
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 17,905
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.07
  • Gross Income: $43,608.00
  • Operating Expense: $161,569.00

Taxes

  • Parcel Number: 2459030019

Interior

Features

  • Appliances: Dishwasher, Tankless Water Heater
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Laminate

Other

Location

  • Tax Lot: 1

Parking

Parking

  • Garage Spaces: 23
  • Garage: Yes
  • Parking Total: 23

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1101 East Avenue.

Does this multi-family home have parking?

Yes, there are 23 parking spaces available for 1101 East Avenue.

How does 1101 East Avenue compare to other multi-family homes in Hillside District?

This multi-family home is listed 81% above the average price for multi-family homes in Hillside District and has been on the market for 26 less days than the typical home in this area.

1101 East Avenue is a -bedroom multi-family home for sale in Burbank CA 91504. On Prevu for 34 days at $7,500,000. This home is located in Hillside District. The median listing price for multi-family homes in this area is $1,595,000. Additional amenities include dishwasher, air conditioning, and parking. View other multi-family home listings in Burbank.

Based on information from California Regional Multiple Listing Service, Inc. 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.