Features & Amenities

Interior

  • Total Bedrooms

    14

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central, Fireplace(s)

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Underground, Gated

  • Pool

    Yes

  • Pool Features

    None

Area & Lot

  • Lot Size(acres)

    0.1443

  • Property Type

    Residential Income

Price

  • Sales Price

    $4,275,000

  • Sq. Footage

    8, 416

  • Price/SqFt

    $507

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Senior Community YN

    NO

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Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Sevak Keshishian , Marcus & Millichap

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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.

215 N Cordova Street

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Related Properties

1544 N Edison Blvd offers a rare pride-of-ownership investment in Burbank’s desirable Northwest District. Available for the first time in over 35 years, this impeccably maintained 8-unit property reflects true stability and care from its original builder-owner.



The two-story walk-up is comprised exclusively of spacious two-bedroom, two-bath units, each thoughtfully designed for comfort. Select units feature private balconies, perfect for relaxing outdoors, while all units offer functional layouts, central air, walk-in closets, and generous storage. Interiors are bright with natural light, and select residences include durable laminate or tile flooring for lasting appeal.



Residents enjoy gated entry, pristine common areas, and 16 dedicated parking spaces—each unit receives two spaces, both covered and uncovered. The ±7,787 sq ft building sits on a ±7,677 sq ft BUR4*-zoned lot, offering quiet residential charm yet convenient access to shopping, dining, top schools, and major entertainment studios.



With a consistent tenant base, strong current rent roll, and opportunity for incremental income through cosmetic updates and natural turnover, this non-rent-controlled building stands out as a turnkey investment. Investors will value the combination of low management intensity, zero deferred maintenance, and reliable location-driven demand in one of Southern California’s most sought-after rental markets.
#SR25176652

Burbank

1544 N Edison Boulevard

None Beds

None Baths

7,787 Sq.Ft.

$3,800,000

MLS#: SR25176652

FOR SALE $ $4,999,999

2 Building Total: 10,256 sq ft

Land Size :  17,417 sq ft

Due to church relocation the real estate is available FOR SALE

Seller Financing Also is Available!!! 

One of a kind, unique opportunity for sale. If you were looking to relocate your church, school, care facility or looking to expand your current business into a special purpose property with over 17,000 sq ft of lot and over 10,000 sq ft of building space then this might be just the right property for you.

Calvary Baptist Church – Property Overview

?? Location: Elmwood Ave & Glenoaks Blvd, Burbank, CA

Prime Location Highlights

• Corner lot in desirable Burbank, near Glendale

• Excellent visibility along Glenoaks Blvd

• Close proximity to Burbank Media Center and major freeways

• Easily accessible via public transportation



Main Church Building Features

• Formal Entry Hall with private offices on both sides

• Nave & Chancel: Traditional worship layout with ample seating

• Choir Balcony: Includes five pews and a loft storage area

• Quiet Room: Directly connected to the worship area

• Multi-Use Meeting Space: Ideal for classes, Bible study, or community gatherings

• Additional Amenities:

o Music room

o Baptismal area

o Private rooms for pastoral care or counseling

Detached Daycare Center

• Toddler and Educational Classrooms

• Bathrooms and Kitchen Area

• Teacher’s Room

• Upstairs Community Room with:

o Two Study Rooms

o Lavatory



Zoning & Development Opportunity

• Zoned R4 – Multifamily residential

• Lot Size: 17,510 sq ft (per city records)

• Building Size:

o 7,957 sq ft (City Records)

o 10,256 sq ft (Appraiser Measurement)

• Base Density: 12.5 units (17,510 ÷ 1,400)

• Density Bonus:

o With 15% (2 units) at Very Low Income, qualify for 50% bonus density

o Final total: 20 units allowed (rounded from 19.5)

• Access: Alley access offers added convenience for development and parking



Potential Uses

• Place of Worship

• Educational Facility

• Private School

• Adult Day Care Center (ADHC)

• Daycare Center / Family Daycare Home

• Community Care Facility

• Nursing Home

• Supportive Housing Services

• Multifamily Development (up to 20 units)

• Senior Care and Assisting Living 

• RCFE ( Residential Care Facility for the Elderly)

• Home Care & Hospice

• Residential Assisted Living

• Board and Home Care

• Medical Office

• Urgent Care
#GD25157570

Burbank

724 Glenoaks Boulevard S

None Beds

None Baths

10,256 Sq.Ft.

$4,999,999

MLS#: GD25157570

 - property

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