Seller's Agent in 2024
Cindy Hill
Equity Union
(818) 640-8360
4 in this area
77 Total Sales
1019 S Lake St Burbank, CA 91502
Rancho Adjacent NeighborhoodEstimated Value: $1,524,629 - $1,637,000
3
Beds
2
Baths
2,772
Sq Ft
$571/Sq Ft
Est. Value
About This Home
As of May 2024We are proud to represent this pride of ownership 4 unit property located in Burbank. The property was constructed in 1944. Its unit mix consists of (2) 1+1 units and (2) 1+1 units. With a lot size of 8,826 square feet, the property has a total of 2,772 rentable square feet. The property is located in Burbank, which is a highly desirable rental market and is known as the media capital of the world. It is home to Disney Studios, Warner Brothers, and NBC. The city has over 80 restaurants, 30 movie screens, and 200 stores; its residents enjoy top ranked schools, easy access to the 5 and 134 freeways, and close proximity to the Burbank Metro Link. The property is separately metered for gas and electricity
Last Agent to Sell the Property
Equity Union Brokerage Phone: 818-640-4360 License #00885625 Listed on: 05/01/2024
Last Buyer's Agent
Equity Union Brokerage Phone: 818-640-4360 License #00885625 Listed on: 05/01/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,060
Year Built
- Built in 1944
Lot Details
- 8,821 Sq Ft Lot
- 1 Common Wall
- Private Yard
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 2,772 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Location
- Urban Location
- Suburban Location
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 12483
- Assessor Parcel Number 5625017001
- $436 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 4 Units
- Valley
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Gardener Expense $2,030
- Insurance Expense $2,802
- Maintenance Expense $2,500
- Operating Expense $27,114
- Gross Income $96,840
- Net Operating Income $66,821
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2024
Closed on
May 8, 2024
Sold by
Karen And Thomas Higgins Living Trust and Jacqueline A Bettencourt Trust
Bought by
Dalia Tan 2017 Trust and Tan
Seller's Agent
Cindy Hill
Equity Union
Buyer's Agent
Cindy Hill
Equity Union
List Price
$1,525,000
Sold Price
$1,497,800
Premium/Discount to List
-$27,200
-1.78%
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,107
Avg. Annual Appreciation
4.29%
Purchase Details
Listed on
May 1, 2024
Closed on
Apr 25, 2024
Sold by
Karen And Thomas Higgins Living Trust and Jacqueline A Bettencourt Trust
Bought by
Dalia Tan 2017 Trust and Tan
Seller's Agent
Cindy Hill
Equity Union
Buyer's Agent
Cindy Hill
Equity Union
List Price
$1,525,000
Sold Price
$1,497,800
Premium/Discount to List
-$27,200
-1.78%
Views
3
Purchase Details
Closed on
Aug 21, 2020
Sold by
Karen And Thomas Higgins Living Trust and Higgins Thomas E
Bought by
Karen And Thomas Higgins Living Trust and Higgins
Purchase Details
Closed on
Aug 15, 2005
Sold by
Higgins Karen Nielsen and Higgins Nielsen K
Bought by
Higgins Thomas E and Higgins Karen Nielsen
Purchase Details
Closed on
Jul 19, 2000
Sold by
Bettencourt Jacqueline A
Bought by
Bettencourt Jacqueline A and Jacqueline Bettencourt Trust
Purchase Details
Closed on
Aug 3, 1994
Sold by
Webber Steven A and Webber Jacqueline
Bought by
Bettencourt Jacqueline A
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dalia Tan 2017 Trust | $1,498,000 | Lawyers Title | |
| Dalia Tan 2017 Trust | $1,498,000 | Lawyers Title | |
| Karen And Thomas Higgins Living Trust | -- | -- | |
| Higgins Thomas E | -- | -- | |
| Bettencourt Jacqueline A | -- | -- | |
| Bettencourt Jacqueline A | -- | Mfi Title |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2024 05/15/24 | Sold | $1,497,800 | -1.8% | $540 / Sq Ft |
| 05/01/2024 05/01/24 | Pending | -- | -- | -- |
| 05/01/2024 05/01/24 | For Sale | $1,525,000 | -- | $550 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $4,060 | $1,527,756 | $611,082 | $916,674 |
| 2024 | $4,060 | $330,052 | $197,245 | $132,807 |
| 2023 | $4,021 | $323,581 | $193,378 | $130,203 |
| 2022 | $3,849 | $317,237 | $189,587 | $127,650 |
| 2021 | $3,819 | $311,018 | $185,870 | $125,148 |
| 2019 | $3,674 | $301,995 | $180,358 | $121,637 |
| 2018 | $3,541 | $296,078 | $176,822 | $119,256 |
| 2016 | $3,340 | $284,390 | $169,956 | $114,434 |
| 2015 | $3,276 | $280,120 | $167,404 | $112,716 |
| 2014 | $3,295 | $274,634 | $164,125 | $110,509 |
Source: Public Records
Agents Affiliated with this Home
-
Cindy Hill
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR24078775
APN: 5625-017-001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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