$849,000
SOLD APR 3, 2025
2 Beds
2 Baths
1,040 Sq Ft
2,744 Sq Ft Lot

Recently Sold

$816 Per Sq Ft

6% Below List Price

53 Days on Market

About This Home

As of April 2025

Prime investment opportunity! Live in one unit and rent the other in this centrally located Burbank duplex, ideally positioned between Bob Hope Airport and the Burbank Media District. The lower unit features a charming 1-bedroom, 1-bathroom layout with a private front yard perfect for outdoor relaxation. The upper unit is a bright and airy studio with 1 bathroom, offering a spacious living area and a large balcony with breathtaking city and mountain views. Both units boast refinished hardwood floors, new windows, a gas wall heater, and a new wall A/C unit. Situated just minutes from the scenic Chandler Walkway, Magnolia's popular shops and restaurants, Porto's Bakery, and top-rated schools, this duplex is in a prime Burbank location. The property includes a two-car garage and three additional driveway parking spaces. There is also potential for added income by converting the garage into an ADU or expanding the existing structure toward the alley. Buyers should verify these possibilities with the City of Burbank.

Last Agent to Sell the Property

Benjamin Hsiang

Realty Investment Advisors, Inc. License #01438644 Listed on: 01/13/2025

Last Buyer's Agent

Mike McGill

Compass License #02015423

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,153

Year Built

  • Built in 1951

Lot Details

  • 2,744 Sq Ft Lot

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage
  • Driveway

Interior Spaces

  • 1,040 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 2477-011-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,153

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 1040
  • Lot Acreage: 0.0630
  • Stories: 2
  • Year Built: 1951
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Total Bathrooms: 2.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 816.35

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 3
  • Parking Garage: Garage - 1 Car, Driveway - Concrete
  • Total Parking: 5

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall Gas
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 72.29
  • Assessed Improvement Value: 128039
  • Assessed Land Percent: 27.71
  • Assessed Land Value: 49068
  • Total Assessed Value: 177107
  • Assessor Parcel Number: 2477-011-007
  • Lot Size Area: 2744

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Apartments
  • Vacancy Rate: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2025
Closed on
Mar 10, 2025
Sold by
Marcaccio Anthony
Bought by
Hilliard Properties Llc
Seller's Agent
Benjamin Hsiang
Realty Investment Advisors, Inc.
Buyer's Agent
Mike McGill
Compass
List Price
$899,000
Sold Price
$849,000
Premium/Discount to List
-$50,000
-5.56%
Views
101
Current Estimated Value
$848,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$354
Avg. Annual Appreciation
-0.14%
Original Mortgage
$254,305
Outstanding Balance
$254,090
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$594,556

Purchase Details

Closed on
May 24, 2016
Sold by
Marcaccio Anthony
Bought by
Marcaccio Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2006
Sold by
Marcaccio Andrea
Bought by
Marcaccio Anthony E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.56%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 6, 2001
Sold by
Marcaccio Gina M
Bought by
Marcaccio Anthony E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
9.75%

Purchase Details

Closed on
Oct 4, 1994
Sold by
Marcaccio Anthony E
Bought by
Marcaccio Anthony E and Marcaccio Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
9.5%

Purchase Details

Closed on
Feb 8, 1994
Sold by
Marcaccio Anthony
Bought by
Marcaccio Anthony E
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $849,000 Ticor Title Company Of Califor
Interfamily Deed Transfer -- First American Title Ins Co
Interfamily Deed Transfer -- Commerce Title Corona
Interfamily Deed Transfer -- Benefit Title
Interfamily Deed Transfer -- Benevest Title
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $254,305 New Conventional
Previous Owner $288,000 New Conventional
Previous Owner $329,000 Unknown
Previous Owner $200,000 Fannie Mae Freddie Mac
Previous Owner $140,000 Unknown
Previous Owner $85,000 No Value Available
Previous Owner $30,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Sold $849,000 0.0% $816 / Sq Ft
03/07/2025 03/07/25 Pending -- -- --
02/21/2025 02/21/25 Price Changed $849,000 -5.6% $816 / Sq Ft
01/13/2025 01/13/25 For Sale $899,000 -- $864 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $2,153 $180,648 $50,049 $130,599
2023 $2,131 $177,107 $49,068 $128,039
2022 $2,036 $173,635 $48,106 $125,529
2021 $2,023 $170,231 $47,163 $123,068
2019 $1,947 $165,384 $45,765 $119,619
2018 $1,892 $162,146 $44,868 $117,278
2017 $1,851 $158,772 $43,989 $114,783
2016 $1,787 $155,660 $43,127 $112,533
2015 $1,752 $153,323 $42,480 $110,843
2014 $1,760 $150,320 $41,648 $108,672
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25-481943

The MLS

APN: 2477-011-007