1002 S Bruce Ln Burbank, CA 91502
Rancho Adjacent NeighborhoodEstimated payment $7,540/month
Highlights
- Laundry Room
- Tile Flooring
- 1-Story Property
- William McKinley Elementary School Rated A-
- Central Heating and Cooling System
About This Home
property is located at the entertainment capital of the world, proximity to major studios, entertainment hubs Burbank town center, IKEA, Empire center, Cost, dining, and shopping. Well, maintain property
Welcome to this beautifully maintained duplex located in the entertainment capital of the world — Burbank! This versatile property offers two well-appointed homes on one lot, ideal for investors, multi-generational living, or rental income opportunities.
Main House: 3 spacious bedrooms, 2 full bathrooms, Private front yard, Attached 2-car garage
Back house: 2 bedrooms, 1 bathroom. Private, cozy backyard — perfect for relaxing or entertaining
Convenient parking in the driveway
Central air and heat. Upgraded electrical panel. New windows and copper plumbing.
Enjoy living in one of the most desirable areas of Burbank, just minutes from major studios, Burbank Town Center, IKEA, Empire Center, Costco, dining, and shopping.
This property offers the perfect blend of comfort, convenience, and investment potential — all in a prime Burbank location.
Listing Agent
Coldwell Banker Hallmark Brokerage Phone: 818-321-0008 License #01236101 Listed on: 10/23/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,669
Year Built
- Built in 1944
Lot Details
- 7,305 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,920 Sq Ft Home
- 1-Story Property
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 7
- Tax Tract Number 12483
- Assessor Parcel Number 5625017007
- $292 per year additional tax assessments
Community Details
Overview
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $1,571
- Water Sewer Expense $2,880
- Operating Expense $5,651
- Gross Income $83,400
- Net Operating Income $77,749
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,669 | $778,412 | $471,951 | $306,461 |
| 2024 | $8,669 | $763,150 | $462,698 | $300,452 |
| 2023 | $8,577 | $748,187 | $453,626 | $294,561 |
| 2022 | $8,191 | $733,518 | $444,732 | $288,786 |
| 2021 | $8,155 | $719,136 | $436,012 | $283,124 |
| 2020 | $8,066 | $711,763 | $431,542 | $280,221 |
| 2019 | $7,828 | $697,808 | $423,081 | $274,727 |
| 2018 | $7,708 | $684,127 | $414,786 | $269,341 |
| 2016 | $7,316 | $657,563 | $398,680 | $258,883 |
| 2015 | $7,167 | $647,687 | $392,692 | $254,995 |
| 2014 | $6,074 | $543,953 | $487,127 | $56,826 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/23/2025 10/23/25 | For Sale | $1,300,000 | -- | $677 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Accommodation | |
| Grant Deed | $635,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Financial Title Company | |
| Grant Deed | $469,000 | Investors Title Company | |
| Individual Deed | $327,000 | First American Title Co | |
| Individual Deed | -- | American Coast Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $443,000 | New Conventional | |
| Previous Owner | $375,200 | Purchase Money Mortgage | |
| Previous Owner | $261,600 | No Value Available | |
| Previous Owner | $90,000 | No Value Available | |
| Closed | $46,900 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD25246235
APN: 5625-017-007
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