Seller's Agent in 2021
Barry Burnett
Barry Burnett Realty, Inc.
(818) 842-2611
7 in this area
48 Total Sales
1409 W Victory Blvd Burbank, CA 91506
Northwest District NeighborhoodEstimated Value: $1,368,000 - $2,024,000
4
Beds
4
Baths
2,470
Sq Ft
$688/Sq Ft
Est. Value
Highlights
- Private Yard
- Laundry Room
- Landscaped
- Thomas Edison Elementary School Rated A
About This Home
As of July 2021Super PRIDE OF OWNERSHIP 4-PLEX. Centrally located in Mid-Burbank near Costco. This courtyard style mid-century ranch building has been painstakingly maintained in every detail! In splendid condition, located on a public transportation line with incredibly high Walkability Score, this property will be exchanged by the Seller. First time on the market in several decades! Instant Access to 150,000+ JOBS based in Burbank. Bike to Major Studios, Production and Post facilities. Yards for rear units. Rental Income from 4-car garage, plus tandem parking pads (4 cars). No L.A. Rent Control! Garages & onsite office/studio rented for additional $650 mo; plus $100 mo owned w/d income! Proforma rents HUGE UPSIDE, and add 1 or 2 ADUs!
Last Agent to Sell the Property
Barry Burnett Realty, Inc. License #00989278 Listed on: 06/11/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1942
Lot Details
- 8,253 Sq Ft Lot
- Two or More Common Walls
- Landscaped
- Private Yard
Parking
- 4 Open Parking Spaces
- 4 Car Garage
Home Design
- 2,470 Sq Ft Home
- Quadruplex
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Additional Features
- Laundry Room
- Suburban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 65
- Tax Tract Number 9458
- Assessor Parcel Number 2462015003
Community Details
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1
- Fuel Expense $1
- Insurance Expense $1
- Trash Expense $1
- Water Sewer Expense $1
- Operating Expense $12,600
- Gross Income $109,560
- Net Operating Income $72,420
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 24, 2015
Sold by
Champlin Chad L
Bought by
1419 Imperial-2 Llc
Current Estimated Value
Purchase Details
Closed on
Jul 11, 2001
Sold by
Champlin Chad and Champlin Jan
Bought by
Champlin Chad L
Purchase Details
Closed on
Jan 9, 2001
Sold by
Smith Wallace Irwin and The Wallace Irwin & Ruth Mario
Bought by
Champlin Chad
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1419 Imperial-2 Llc | -- | Accommodation | |
| Champlin Chad L | -- | -- | |
| Champlin Chad | $305,000 | Continental Land Title |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/29/2021 07/29/21 | Sold | $1,480,000 | +5.7% | $599 / Sq Ft |
| 06/14/2021 06/14/21 | Pending | -- | -- | -- |
| 06/11/2021 06/11/21 | For Sale | $1,400,000 | -- | $567 / 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 | $17,867 | $1,570,587 | $933,863 | $636,724 |
| 2024 | $17,326 | $1,539,792 | $915,552 | $624,240 |
| 2023 | $17,142 | $1,509,600 | $897,600 | $612,000 |
| 2022 | $16,368 | $1,480,000 | $880,000 | $600,000 |
| 2021 | $5,055 | $424,572 | $292,333 | $132,239 |
| 2020 | $5,000 | $420,220 | $289,336 | $130,884 |
| 2019 | $4,859 | $411,981 | $283,663 | $128,318 |
| 2018 | $4,702 | $403,903 | $278,101 | $125,802 |
| 2016 | $4,449 | $388,221 | $267,303 | $120,918 |
| 2015 | $4,362 | $382,390 | $263,288 | $119,102 |
| 2014 | $4,375 | $374,900 | $258,131 | $116,769 |
Source: Public Records
Agents Affiliated with this Home
-
Barry Burnett
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB21126754
APN: 2462-015-003
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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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