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Millman Team Real Estate

$7,500,000
0.41 Acre Lot

1101 East Avenue, Burbank, California 91504

  • Residential Income Property Type
  • 2009 Year Built
Property 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 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.

Basic Details
Residential Income
For Sale
WS26102173
$7,500,000
2009
0.41 Acre
Active
1
Condominium
Features
: None
: Central
: Central Air
: Gas
: Carpet, Laminate
: Inside
: Public Sewer
$0
Appliances
: Dishwasher, Tankless Water Heater
Address Map
CA
Los Angeles
Burbank
91504
East
1101
Avenue
W119° 41' 2.4''
N34° 11' 26.6''
E. Ave & N. Glenoaks Blvd.
610 - Burbank
Additional Information
$0
$0
$0
$0
$0
15535
: Curbs
1
23.0
: Two
10
2026-05-13
2
2
: Public
Broker/Agent Information
Keller Williams Realty/Pasadena
KEVIN LUTZ
Financial
1
Listing Information
KEVIN HURLEY
WS77493
20277
Keller Williams Realty/Pasadena
W76708
20277
Cash to New Loan
Active
2026-05-14T13:43:12Z
CRMLS
: Standard
2026-05-13T09:08:10Z
Agent info
Ray Millman
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