$1,950,000 Price Analysis   ♡   Burbank, CA 91506 10 bed 5 bath 4,337 SqFt ($449/SqFt) 8,304SqFt lot. Built 1953 Listed 2024-03-15, Taxes $11,777 | Ⓧ USDA Ineligible due to price & location near Burbank |
5-unit Apartment building on an 8
304 sq/ft corner lot, located in a desirable area of Burbank. Contemporary windows installed this year. Each of the 5 units has 2 bedrooms and 1 bath. Surrounded by a significant number of residential homes. Some kitchen flooring hs ceramic tile or Vinyl tile flooring. The living rooms and bedrooms have original hardwood floorings, with the exception of one unit having carpet on top of its hardwood flooring.
The kitchen counters are made of ceramic tile. There are 3 garages, a 1-car garage and two 2-car garages. ABS sewer line and co pper main water line. The composition shingle roof is about 12 years old. The building is located 1 block away from George Izay Park, which has kid's playgrounds, courts for basketball, baseball and tennis courts. About 1 mile for access to the 5 fwy and the 101 fwy.
Presented by Richard Valdez - Lic at
Valdez Realty.
Property MLS #SR24052054 from CRMLS
Appliances YN: Yes
Laundry Features: Common Area
Heating Features: Wall Furnace
Heating: Yes
Lot Size Acres: 0.1906336
Lot Size Source: Assessor
Lot Size Square Feet: 8304
Parking Features: Parking YN: Yes, Parking Features: Assigned
Parking Total: 7
Bedrooms in Unit-1: 2
Total Bathrooms in Unit-1: 1
Unit-1 Garage Spaces: 3
Tenant Pays: Cable TV, Electricity, Gas
County: Los Angeles
Cap Rate: 3.39
Other Expense: 3150.00
Source Property Type: Residential Income
Insurance Expense: 1923.00
Area: 610 - Burbank
Source Neighborhood: 610 - Burbank
Number of Separate Electric Meters: 6
Number of Separate Gas Meters: 6
Parcel Number: 2446030007
Postal Code Plus 4: 2542
Zoning: BUR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $287,021 + $710,161 $997,182 | $11,777 |
| 2020 | $284,078 + $702,880 $986,958 | $11,651 |
| 2019 | $278,508 + $689,099 $967,607 | $11,321 |
| 2018 | $273,048 + $675,588 $948,636 | $11,181 |
| 2017 | $267,695 + $662,342 $930,037 | $10,915 |
| 2016 | $262,447 + $649,355 $911,802 | $10,567 |
| 2015 | $258,505 + $639,602 $898,107 | $10,362 |
| 2014 | $253,442 + $627,074 $880,516 | $10,359 |
| 2013 | $252,297 + $624,240 $876,537 | $10,266 |
| 2012 | $247,350 + $612,000 $859,350 | $10,059 |
| 2010 | $137,108 + $148,465 $285,573 | $3,582 |
| 2009 | $137,434 + $148,818 $286,252 | $3,525 |
| 2008 | $134,740 + $145,900 $280,640 | $3,459 |
$1,950,000
CRMLS
Listing removed 2024-03-15
$0
CRMLS
Listed 2024-03-15
$2,000,000
CRMLS
Price Changed 2023-11-18
$2,100,000
CRMLS
Price Changed 2023-08-23
$2,300,000
CRMLS
Listed 2023-06-17
$2,500,000
CRMLS
Year Built: 1953
Building Features: 1
Common Walls: 1 Common Wall
Construction Materials: Stucco
Entry Level: 2
Entry Location: 1st & 2nd Floor
Foundation Details: Slab
Property Age: 71
Property Attached: Yes
Roof: Composition
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor
Electric Expense: 420.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 1380.00
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.