www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
32715810
32715831

1101 East Avenue, Burbank, CA 91504

KH
CA 01237798, CA 01237798
KW Commercial Pasadena
KL
CA 00925595
KW Commercial Pasadena
Listed by KW Commercial Pasadena
$7,500,000
41 days on market
Updated 37 days ago

1101 East Avenue

Details
APN 2459030019
Property Type Multifamily
Sub Type Apartment Building
Units 10
Cap Rate 4.07%
Buildings 1
Acreage 0.411
Zoning Public Rec

Multifamily | 4.07% CAP | 10 Units

Marketing description

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 IDs, 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.
Icon
Powered by San Diego MLS
Learn More

Listing Contacts

KH
CA 01237798, CA 01237798
KW Commercial Pasadena
KL
CA 00925595
KW Commercial Pasadena
Listed by KW Commercial Pasadena

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Zoning

Intelligence Badge
R-4 ResidentialMulti FamilyHigh Density Residential
View municipality zoning documents
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 37 uses
View all 37 uses
Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Kevin Hurley
License
01237798
Name
Kevin Lutz
License
00925595
Brokerage
KW Commercial
Title
Real Estate Broker
Brokerage Address
199 South Los Robles Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591