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$1,999,000   Price Analysis
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1515 W Alameda Ave
Burbank, CA 91506
8 bed 4 bath 3,044 SqFt ($656/SqFt)
6,595SqFt lot. Built 1944
Listed 2024-01-29, Taxes $12,115		Ⓧ USDA Ineligible
due to price & location
near Burbank

Invest in the ideal four-unit property steps away from Walt Disney Studios and Warner Brothers Studios in the highly sought-after Burbank area.

* Sale Pending *

This well-maintained fourplex offers a fantastic unit mix featuring four 2-bedroom, 1-bath units. With a median household income of $91K in the vicinity, this property promises excellent demographics for your investment. Enjoy the convenience of a hassle-free investment with easy management and pride of ownership.

The seller is engaged in a 1031 Exchange, including the closure of another property, making this an opportune time to secure a valuable asset. For further details, reach out to the listing agent. Kindly refrain from visiting the property or disturbing tenants. Offers are subject to inspection. Do n't miss out on this prime invstment opportunity!


Presented by Sam S Manoukian at
DiversifiedPropertyInvestments.


Property MLS #GD24017490 from CRMLS

Bedrooms: 8

Laundry Features: Common Area

Cooling Features: Wall/Window Unit(s)
Fireplace Features: Patio

Full Bathrooms: 4

Flooring: Wood

Lot Description: Front Yard, Lawn
Lot Size Acres: 0.1514004
Lot Size Source: Assessor
Lot Size Square Feet: 6595

Garage Spaces: 4
Parking Total: 4

Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1
Unit-4 Garage Spaces: 1

Number of Units Leased: 3

Community Features: Curbs, Sidewalks

Source Listing Status: Pending
County: Los Angeles
Source Property Type: Residential Income
Area: 610 - Burbank
Source Neighborhood: 610 - Burbank
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 1
Parcel Number: 2445021013
Postal Code Plus 4: 2762
Zoning: BUR4
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2022$301,816 + $784,729
$1,086,545		$12,115
2021$295,899 + $769,343
$1,065,242		$12,062
2020$292,865 + $761,455
$1,054,320		$11,929
2019$287,123 + $746,525
$1,033,648		$11,576
2018$281,494 + $731,888
$1,013,382		$11,429
2017$275,975 + $717,538
$993,513		$11,194
2016$270,564 + $703,469
$974,033		$10,847
2015$266,500 + $692,903
$959,403		$10,627
2014$261,280 + $679,330
$940,610		$10,613
2013$260,100 + $676,260
$936,360		$10,526
2012$255,000 + $663,000
$918,000		$10,304
2010$250,000 + $650,000
$900,000		$10,346
2009$238,771 + $689,785
$928,556		$10,190
2009$238,205 + $688,150
$926,355		$10,190
2008$234,090 + $676,260
$910,350		$9,974
2007$229,500 + $663,000
$892,500		$9,640

Listed 2024-01-29
$1,999,000
CRMLS
Listing removed 2021-05-28
$0
RentlinxUnits
Listed for rent 2021-05-14
$1,995
RentlinxUnits
Listing removed 2021-04-24
$0
RentlinxUnits
Listed for rent 2021-03-29
$1,995
RentlinxUnits
Listing removed 2021-01-16
$0
RentlinxUnits
Price Changed for rent 2020-12-27
$2,195
RentlinxUnits
Listed for rent 2020-12-24
$2,095
RentlinxUnits
Listing removed 2020-11-28
$0
RentlinxUnits
Listed for rent 2020-10-29
$2,095
RentlinxUnits
Listing removed 2020-03-22
$0
RentlinxUnits
Listed for rent 2020-03-19
$2,095
RentlinxUnits
Listing removed 2020-03-16
$0
RentlinxUnits
Listed for rent 2020-03-14
$2,095
RentlinxUnits
Listing removed 2020-03-04
$0
RentlinxUnits
Listed for rent 2020-02-21
$2,095
RentlinxUnits
Listing removed 2020-01-23
$0
RentlinxUnits
Listed for rent 2019-12-18
$2,095
RentlinxUnits
Listing removed 2019-11-26
$0
RentlinxUnits
Listed for rent 2019-10-25
$2,095
RentlinxUnits
Listing removed 2019-10-15
$0
RentlinxUnits
Listed for rent 2019-09-18
$2,095
RentlinxUnits
Listing removed 2019-02-08
$0
RentlinxUnits
Listing removed 2019-02-07
$2,095
RentlinxUnits
Listed for rent 2019-01-25
$2,095
RentlinxUnits
Sold 2010-07-15
$950,000
CRISNET
Listed 2010-02-14
$950,000
SoCalMLS
Sold 2006-06-12
$950,000
CRISNET

Net Operating Income: 79605.00

Total Square Feet Living: 3044
Year Built: 1944
Building Features: 2
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: FIRST
Property Age: 80
Property Attached: Yes
Levels or Stories: One
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Cable Available
Cable Connected
Electricity Available
Electricity Connected
Natural Gas Available
Phone Available
Sewer Connected
Water Available
Water Connected
Water Source: Public

David Starr Jordan Middle School is a public middle school located approximately 0.3 miles away.
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William Mckinley Elementary School is a public elementary school located approximately 0.6 miles away.
directions icon Map directions

Burroughs High School is a public high school located approximately 0.8 miles away.
directions icon Map directions

Lyce International de Los Angeles - Burbank campus is a private middle and high school located approximately 0.3 miles away.
directions icon Map directions

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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.