Residential Income In Burbank

We are pleased to present 300 N Screenland Dr, a five-unit apartment property in west Burbank. Built in 1955, the property consists of three one-bedroom and two two-bedroom units across two buildings totaling 3,598 square feet on a 7,338-square-foot corner lot. The property is fully occupied with approximately 9% rental upside to market. Current ownership has completed several significant capital improvements, including replacement of the gas and water supply lines in 2026, the main sewer line to the street, kitchen drain lines in three units, and roofs on both buildings. Offered for the first time since 1972, the property presents a rare opportunity for private investors and 1031 exchange buyers seeking a well-maintained Burbank asset with meaningful long-term ownership history and proximity to major entertainment employers. Located on N Screenland Dr, the property is approximately one-third of a mile from Warner Bros. Studios, with Providence Saint Joseph Medical Center and Walt Disney Studios also nearby. Universal Studios Hollywood, the Metro B Line in North Hollywood, and Hollywood Burbank Airport provide additional employment and transportation connectivity. Hollywood Burbank Airport is scheduled to open its new $1.3 billion, 14-gate replacement terminal in October 2026. ZIP Code 91505 reports a median household income of approximately $110,000 and median gross rent of $2,397, with 56% of occupied households renting.