NOT LISTED FOR SALE
13 Beds
9 Baths
6,518 Sq Ft
10,111 Sq Ft Lot

Last Sold December 11, 2020

Last sale price $3,185,000 $489 Per Sq Ft

98 Days on Market

About This Home

As of December 2020

The subject property is a pristine, non-rent controlled, nine-unit apartment complex built in 1944 and located in the city of Burbank, a submarket of Los Angeles, in the San Fernando Valley. Ideally situated on Maple Street, just off Olive Avenue, the property is steps away from Warner Brothers Studios. The property boasts a mix of five 1 bedroom, 1 bathroom units and four 2 bedroom, 1 bathroom units. The prime location allows occupants to enjoy all of Burbanks world famous entertainment, dining and culture, within the comfort of a quiet and luxurious apartment. Tenants are able to walk to coffee at Cafe Magazzino, Priscillas, and Starbucks and buy groceries at Bake It Again Sam, Vons or Trader Joes. Nearby restaurants include El Carpintero Mexican Restaurant, Smokehouse, and many others including nearby parks.?The improvements are built on a 10,111 square foot lot with a total rentable square footage of 6,518.There are 11 on-site parking spaces as well as on-site laundry.

Last Agent to Sell the Property

Morgan McMullin

Keller Williams Beverly Hills License #01716570 Listed on: 07/06/2020

Keller Williams Beverly Hills

Co-Listed By

Chris Chasin

Keller Williams Beverly Hills License #01789284

Last Buyer's Agent

GAYNELL WIGINGTON

License #01220629

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 10,111 Sq Ft Lot

Interior Spaces

  • 6,518 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 9 Bathrooms

Parking

  • 11 Parking Spaces
  • Carport

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number 2485-007-030

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6518
  • Lot Acreage: 0.2321
  • Stories: 2
  • Year Built: 1944
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 13
  • Total Bathrooms: 9.00
  • Price Per S Q F T: 490.95

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 11

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Percent: 22.22
  • Assessed Improvement Value: 245007
  • Assessed Land Percent: 77.78
  • Assessed Land Value: 857543
  • Total Assessed Value: 1102550
  • Assessor Parcel Number: 2485-007-030
  • Lot Size Area: 10111

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 16.36
  • Number Of Units: 9
  • Type Of Units: Apartments
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2020 12/11/20 Sold $3,185,000 -0.5% $489 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $3,200,000 -- $491 / Sq Ft
Source: The MLS

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 $38,339 $3,458,369 $1,380,100 $2,078,269
2024 $38,339 $3,390,559 $1,353,040 $2,037,519
2023 $37,934 $3,324,078 $1,326,510 $1,997,568
2022 $36,232 $3,258,900 $1,300,500 $1,958,400
2021 $36,092 $3,195,000 $1,275,000 $1,920,000
2020 $13,875 $1,172,732 $910,029 $262,703
2019 $13,483 $1,149,791 $892,186 $257,605
2018 $13,288 $1,127,300 $874,693 $252,607
2016 $12,549 $1,080,932 $840,729 $240,203
2015 $12,306 $1,064,696 $828,101 $236,595
2014 $12,324 $1,043,841 $811,880 $231,961
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-600540

The MLS