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Millman Team Real Estate

$10,150,000
29 Bed
34 Bath
20,768 Sqft
0.43 Acre Lot

700 S 6th Street, Burbank, California 91501

  • Residential Income Property Type
  • 20,768 Sqft Square Footage
  • Assigned Cars Garage
  • 1958 Year Built
Property Description

With a prime corner lot location north of Glenoaks Boulevard, the property offers residents a home in the picturesque foothills of the Verdugo Mountains with Downtown Burbank and the Burbank Town Center shopping mall just blocks away. Buildings of this size and in this location are rarely available for sale, with fewer than one such property transacting per year over the past two decades (Source: CoStar COMPS). Due to the fact that the property is subject only to Burbank’s local rent ordinance, a new owner may be able to recapture the rent upside and keep pace with improving rent growth via higher allowable rent increases, when compared with other assets subject to Los Angeles rent control. At the same time, deferred maintenance costs are dramatically reduced as the property has been thoroughly upgraded and well maintained in recent years. Seismic retrofit repairs were completed in January 2026, while a new roof was added, new windows were installed, and plumbing was replaced in 2018/2019. Tenants are easily attracted to the building’s impressive amenities package, which includes central air/heat, recessed lighting, vaulted ceilings, quartz countertops, stainless steel appliances, and new vinyl windows. Dubbed the “Media Capital of the World, ” the city of Burbank is home to a vast contingent of entertainment employers, which allows tenants convenient commutes to studios. Notable media production campuses in and around Burbank include Disney Studios, Walt Disney Imagineering, Warner Bros. Studios, Universal Studios, Nickelodeon Studios, Cartoon Network, and Dreamworks Animation. In addition to the Burbank Town Center Shopping Mall, several other retail and dining destinations are conveniently accessible to tenants, including the Empire Center, Costco, Ikea, and the Americana at Brand lifestyle center.

Basic Details
Residential Income
For Sale
26839671
$10,150,000
29
34
20,768 Sqft
1958
0.43 Acre
Active
Features
: Assigned
$0
Address Map
CA
Los Angeles
Burbank
91501
6th
700
Street
W119° 42' 9.4''
N34° 10' 52.6''
We are pleased to announce the opportunity to purchase the Citra Apartment Homes, a 34-unit multifamily community located at 700 S 6th Street in Burbank, CA.
610 - Burbank
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BUR4*
Additional Information
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$0
$0
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20768
: Two
34
2026-06-01
2
2
Broker/Agent Information
Marcus & Millichap
Roderick 'Rick' Raymundo
Listing Information
CLW-C126070
CLW-X75151
Active
2026-06-09T07:29:44Z
CRMLS
: Standard
2026-06-01T00:00:00Z
Agent info
Ray Millman
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