Burbank, CA 91501,536 E Cypress Ave
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Fri
30
Jan
Sat
31
Jan
Sun
1
Feb
Terrance Scotton

Terrance Scotton

+1(626) 788-9299
$5,298,000
Est. payment /mo
26 Beds
26 Baths
15,012 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Square Footage 15,012 sqft

Price per Sqft $352

MLS Listing ID 24-440913

Bedrooms 26

Year Built 1986

Lot Size 9,890 Sqft

Acres 0.227

Property Sub-Type Multi-Family

Property 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.

Location

State CA

County Los Angeles

Area Burbank

Zoning BUR4*

Rooms

Other Rooms None

Interior

Heating Central

Cooling Central

Equipment Range/Oven, Garbage Disposal, Dishwasher, Microwave

Laundry Community, Room

Exterior

Parking Features Community Garage, Controlled Entrance, Gated

Garage Spaces 26.0

Pool None

Roof Type Composition, Shingle

Building

Story 3

Level or Stories Three Or More

Others

Special Listing Condition Standard

Read Less Info
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 ©2026 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 Realty Investment Advisors, Inc.

NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES
Elementary Schools 20
  • 9

    Theodore Roosevelt Elementary School

    Public | KG - 5

  • 9

    Robert Louis Stevenson Elementary

    Public | KG - 5

  • 9

    Thomas Jefferson Elementary School

    Public | KG - 5

  • 8

    Bret Harte Elementary

    Public | KG - 5

  • 8

    Thomas Edison Elementary

    Public | KG - 5

  • 8

    Joaquin Miller Elementary School

    Public | KG - 5

  • 8

    Balboa Elementary School

    Public | KG - 6

  • 8

    Mark Keppel Elementary School

    Public | KG - 5

  • 7

    Providencia Elementary

    Public | KG - 5

  • 7

    George Washington Elementary

    Public | KG - 5

  • 7

    Walt Disney Elementary School

    Public | KG - 5

  • 7

    Ralph Emerson Elementary

    Public | KG - 5

  • 7

    Benjamin Franklin Elementary School

    Public | KG - 6

  • 6

    William McKinley Elementary School

    Public | KG - 5

  • 6

    Thomas Jefferson Elementary School

    Public | PK - 6

  • 1

    Options for Youth-Burbank Charter

    Public | KG - 12

  • 0

    Village Christian Schools

    Private | PK - 12

  • 0

    New Generation

    Private | PK - KG

  • 0

    Media Center Montessori Preschool/Kindergarten

    Private | PK - KG

  • 0

    Brighton Hall School

    Private | 2 - 12

Middle Schools 8
  • 8

    John Muir Middle School

    Public | 6 - 8

  • 7

    Eleanor J. Toll Middle School

    Public | 6 - 8

  • 6

    Luther Burbank Middle School

    Public | 6 - 8

  • 6

    David Starr Jordan Middle School

    Public | 6 - 8

  • 0

    Off Campus Learning Center

    Public | 7 - 12

  • 0

    Magnolia Park

    Public | 6 - 12

  • 0

    International School of los Angeles-Burbank

    Private | 6 - 12

  • 0

    Burbank Unified School District Community Day

    Public | 7 - 12

High Schools 6
  • 8

    John Burroughs High School

    Public | 9 - 12

  • 8

    Burbank High School

    Public | 9 - 12

  • 7

    Herbert Hoover High School

    Public | 9 - 12

  • 0

    Monterey High (Continuation)

    Public | 9 - 12

  • 0

    Providence High School

    Private | 9 - 12

  • 0

    Bellarmine-Jefferson High School

    Private | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Terrance Scotton

Terrance Scotton

+1(626) 788-9299

Real Estate Broker and Mortgage Broker | License ID: 01707848 NMLS: 908256

Real Estate Broker and Mortgage Broker License ID: 01707848 NMLS: 908256

Name

Phone*

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Terrance Scotton, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.