$1,374,900 Price Analysis   ♡   Burbank, CA 91504 Unknown bed None bath 2,059 SqFt ($667/SqFt) 6,041SqFt lot. Built 1951 Listed 2024-05-16, Taxes $3,851 | Ⓧ USDA Ineligible due to price & location near Burbank |
The MOST STUNNINGLY WELL MAINTAINED TRIPLEX available in Prime Burbank Hill area!
* No Longer For Sale *
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ALL three units are 2+1, featuring splendid upgrades- all dual glazed energy efficient glass, new stucco, newer HVAC on 2 units, new water heaters, gorgeous landscaping, a super quiet cul-de-sac neighborhood surrounded by Burbank's 150, 000+ jobs and all major Studios and production firms nearby. Super access to Burbank Airport but no flight noise. Next to I-5, but giant sound wall, so quiet. Onsite laundry room for tenant ease, plus 3 garages (ADU upside possibly?) and additinal off-street parking space. Drool-worthy investment, pride of ownership throughout!
HUGE UPSIDE: Now laundry room earns $75 mo, but could be $135 mo with price adjustment. One garage not included in lease and can be rented for $200+ mo (other 2 run with current leases); Open parking pad can be rented to RV for $365+ mo instantly. Rents should all be increased as the terms finish: ALL VERY LOW! Proforma rents within two years if garages and pad rented, rents increased, etc (even without ADUs!) should be $8, 870 mo/$106, 440 yr. by calculating one turnover/new tenant. Look at this splendid LONG TERM ownership property!
Presented by Barry Burnett at
Barry Burnett Realty.
Property MLS #BB24098359 from CRMLS
Heating Features: Central
Heating: Yes
Lot Size Acres: 0.1386823
Lot Size Source: Assessor
Lot Size Square Feet: 6041
Parking Total: 4
Tenant Pays: Cable TV, Electricity, Exterior Maintenance, Gas
Rent Control: Yes
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 1.00
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: 2473021019
Postal Code Plus 4: 2018
Trash Expense: 1.00
Walk Score: 69
Zoning: BUR4
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $84,428 + $243,943 $328,371 | $3,851 |
| 2021 | $82,773 + $239,160 $321,933 | $3,826 |
| 2020 | $81,925 + $236,708 $318,633 | $3,784 |
| 2019 | $80,319 + $232,067 $312,386 | $3,677 |
| 2018 | $78,745 + $227,517 $306,262 | $3,571 |
| 2017 | $77,201 + $223,056 $300,257 | $3,498 |
| 2016 | $75,688 + $218,683 $294,371 | $3,376 |
| 2015 | $74,552 + $215,399 $289,951 | $3,309 |
| 2014 | $73,092 + $211,180 $284,272 | $3,319 |
| 2013 | $72,762 + $210,226 $282,988 | $3,293 |
| 2012 | $71,336 + $206,104 $277,440 | $3,226 |
| 2010 | $69,938 + $202,063 $272,001 | $3,126 |
| 2009 | $69,581 + $201,030 $270,611 | $3,077 |
| 2009 | $69,416 + $200,553 $269,969 | $3,077 |
| 2008 | $68,217 + $197,089 $265,306 | $3,015 |
| 2007 | $66,880 + $193,225 $260,105 | $2,907 |
$1,325,000
CRMLS
Price Changed 2024-05-21
$1,374,900
CRMLS
Listed 2024-05-16
$1,374,990
CRMLS
Sold 1986-06-18
$175,000
Public Record
Year Built: 1951
Building Features: 1
Common Walls: 2+ Common Walls, No One Above, No One Below
Entry Level: 1
Entry Location: front
Property Age: 73
Property Attached: Yes
Building Total Stories: 1
Structure Type: Triplex
Year Built Source: Assessor
Sewer: Sewer: Sewer Paid, Water Sewer Expense: 1.00
Water Source: Public
Map directions Map directions Map directions Map directionsThe 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.