Price Reduced Listing
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.
Details
| MLS # | WS26102173 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 2009 |
| Days On Site | 124 |
| Listing Provided By | Keller Williams Realty/Pasadena | KEVIN LUTZ |
Features
| SQ Feet | 15,535 |
|---|---|
| Garage | 23 |
| Story(s) | 2 |
| Units | 10 |
| Building(s) | 1 |
| Acreage | 0.41 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Dishwasher, Tankless Water Heater |
| Fireplace Yes / No | Yes |
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Curbs |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Burbank |
| Zip Code | 91504 |
| Area | 610 Burbank |
| Listing VS Median (in 91504) | |
Price: $7,175,000 low | high Med: $1,649,000 sqft: 15,535 low | high Med: 2,029 $ / sqft: $462 low | high Med: $813 On site: 124 low | high Med: 143 | |
Market Activity 91504
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Burbank |
| Zip Code | 91504 |
| Area | 610 Burbank |
| Listing VS Median (in 91504) | |
Price: $7,175,000 low | high Med: $1,649,000 sqft: 15,535 low | high Med: 2,029 $ / sqft: $462 low | high Med: $813 On site: 124 low | high Med: 143 | |