CA > Burbank
Burbank, CA 91505,215 N Cordova St
Burbank, CA 91505,215 N Cordova St
Burbank, CA 91505,215 N Cordova St
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Kirshner Elkin Properties

Kirshner Elkin Properties

+1(424) 214-0133
$4,275,000
Est. payment /mo
14 Beds
18 Baths
8,416 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,416 sqft

Price per Sqft $507

MLS Listing ID 25577599

Bedrooms 14

Year Built 1988

Lot Size 6,285 Sqft

Acres 0.1443

Property Sub-Type Multi-Family

Property Description

We are pleased to present 215 North Cordova Street, a rare eight-unit multifamily investment opportunity located in the heart of Burbank moments from major entertainment and media campuses. This is the first time the property has been offered for sale in 37 years and is being sold by the original developer's family. Constructed in 1988, the property is comprised entirely of townhouse-style units, featuring two one-bedroom/one-and-a-half-bathroom units and six two-bedroom/two-and-a-half-bathroom units. All units are separately metered for gas and electricity and equipped with individual water heaters. In 2025, main panels and subpanels were replaced delivering 60 amps per unit supporting modern tenant utility needs and long-term asset preservation. Residents enjoy secure, gated access and a total of sixteen subterranean parking spaces accessible via two separate points of ingress and egress. The property also features an on-site laundry facility, offering added convenience and ancillary income.215 N Cordova is fully stabilized and boasts approximately 10% rental upside, making it ideal for an investor seeking steady cash flow with potential for organic income growth over time. The building sits on a 6,285 square foot R-4 zoned lot in one of the most desirable areas of Burbank. Positioned just steps from Whole Foods and within a short distance of The Burbank Studios (home to major productions such as Jeopardy!, and Wheel of Fortune, Warner Bros Studios, Walt Disney Studios, and the Providence Saint Joseph Medical Center, the property is ideally situated to benefit from high housing demand driven by the entertainment, healthcare, and creative industries. The site is also located near the new Warner Bros Ranch redevelopment, a major expansion project that is expected to include nearly 926,000 square feet of office and production space, further reinforcing the area's employment base and long-term rental demand. Proximity to the 134 Freeway ensures excellent access to surrounding areas including Toluca Lake, Studio City, Glendale, and Downtown Los Angeles.

Location

State CA

County Los Angeles

Area Burbank

Zoning BUR4*

Rooms

Other Rooms None

Interior

Heating Central, Fireplace

Cooling Central

Flooring Carpet, Laminate

Equipment Garbage Disposal, Range/Oven

Laundry Room

Exterior

Parking Features Subterranean, Gated

Garage Spaces 16.0

Pool None

Building

Level or Stories Two

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap

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Kirshner Elkin Properties

+1(424) 214-0133

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