$1,275,000
$24K PRICE DROP

Estimated payment $7,819/month

Total Views 3,402
4 Beds
3 Baths
1,658 Sq Ft
$769 Price per Sq Ft

Highlights

  • Private Yard
  • No HOA
  • Ductless Heating Or Cooling System
  • William McKinley Elementary School Rated A-
  • Cottage
  • Laundry Room

About This Home

Don’t miss this rare opportunity to own a well-located triplex in one of Burbank’s most desirable and central neighborhoods. Perfect for investors or owner-occupants. This triplex is not only centrally located but also offers the charm and character Burbank is known for. This property offers flexibility, functionality, and great potential. This versatile property features a front single-family home and two attached units in the rear with a total of 1,658 square feet of living space situated on a generous 6,275 square foot lot. Plenty of parking spaces off street - room for 4 cars. Detached Single Family Home in Front has 2 bedrooms, 1 bath and approx 874 square feet. Rear duplex contains two 1 bedroom, 1 bath units. Property is currently fully rented with solid tenants. The street has several other similar units and same Zoning BUR4* R4 (Check with the City of Burbank). Unit B was recently remodeled with new kitchen cabinets, new shower, new windows, tankless water heater, updated electrical and mini-split for heating and a/c. Unit A has newer windows and tankless water heater. Good tenants - all want to remain. Last rent increase was October 2025. Actual Rents now $1800, $1600, and $1800 - totalling $5200 / mo.
Whether you're an experienced investor or just starting out, this property is a fantastic opportunity to own a piece of prime Burbank real estate. Explore the full potential that this triplex has to offer!

Listing Agent

Bill Mota

Homesmart, Evergreen realty Brokerage Phone: 626-233-0190 License #01099198 Listed on: 03/31/2026

Homesmart, Evergreen realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919 | Remodeled

Lot Details

  • 6,275 Sq Ft Lot
  • 1 Common Wall
  • Level Lot
  • Private Yard

Home Design

  • Triplex
  • Cottage
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Stucco

Interior Spaces

  • 1,658 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Laminate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Driveway
  • Off-Street Parking

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Zoned Heating and Cooling
  • Natural Gas Connected
  • Sewer Paid

Additional Features

  • Accessible Parking
  • Shed
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 17 / C
  • Tax Tract Number 4035
  • Assessor Parcel Number 2451001016
  • $284 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $400
  • Water Sewer Expense $900
  • Operating Expense $1,300
  • Gross Income $62,400
  • Net Operating Income $53,040

Property Details

Home Type

Multi-Family

Year Built

Built in 1919 | Remodeled

Lot Details

6,275 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 900.00
  • Architectural Style: Cottage
  • Property Condition: Repairs Cosmetic, Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 2451001016
  • Year Built: 1919
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Accessibility Features: Parking, See Remarks
  • Appliances: No
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 769.00
  • Room Type: All Bedrooms Down
  • Window Features: Insulated Windows

Exterior Features

  • Other Structures: Shed(s)
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Off Street, Driveway
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Ductless, Zoned
  • Laundry Features: Stackable
  • Sewer: Sewer Paid
  • Trash Expense: 400.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s), Ductless, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Yard
  • Lot Size Sq Ft: 6275.00
  • Lot Size Acres: 0.1441

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Average1 Bed Area: 784 Square Feet
  • Average2 Bed Area: 874 Square Feet
  • Gross Income: 62400.00
  • Gross Operating Income: 59280.00
  • Gross Scheduled Income: 62400.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6275.0000 Square Feet
  • Net Operating Income: 53040.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 6240.00
  • Operating Expense Percent: 15.00
  • Rent Control: Yes
  • Total Actual Rent: 5200.00
  • Total Expenses: 1300.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • Tax Block: C
  • Tax Lot: 17
  • Tax Tract Number: 4035
  • TaxOtherAnnualAssessmentAmount: 284.00

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $12,703 $1,156,716 $689,785 $466,931
2024 $12,703 $1,134,036 $676,260 $457,776
2023 $12,568 $1,111,800 $663,000 $448,800
2022 $9,829 $888,886 $734,811 $154,075
2021 $8,597 $762,543 $656,501 $106,042
2020 $8,503 $754,725 $649,770 $104,955
2019 $8,250 $739,928 $637,030 $102,898
2018 $8,164 $725,421 $624,540 $100,881
2016 $7,755 $697,254 $600,290 $96,964
2015 $7,598 $686,782 $591,274 $95,508
2014 $7,589 $673,330 $579,692 $93,638
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2026 04/23/26 Price Changed $1,275,000 -1.8% $769 / Sq Ft
03/31/2026 03/31/26 For Sale $1,299,000 +19.2% $783 / Sq Ft
04/22/2022 04/22/22 Sold $1,090,000 0.0% $657 / Sq Ft View Prior Sale
04/22/2022 04/22/22 Sold $1,090,000 -11.0% $657 / Sq Ft View Prior Sale
04/18/2022 04/18/22 Price Changed $1,225,000 0.0% $739 / Sq Ft
04/18/2022 04/18/22 Price Changed $1,225,000 0.0% $739 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
03/09/2022 03/09/22 Pending -- -- --
01/15/2022 01/15/22 Price Changed $1,225,000 0.0% $739 / Sq Ft
01/15/2022 01/15/22 Price Changed $1,225,000 -7.5% $739 / Sq Ft
10/29/2021 10/29/21 For Sale $1,325,000 0.0% $799 / Sq Ft
10/04/2021 10/04/21 For Sale $1,325,000 -- $799 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed $1,090,000 Orange Coast Title
Grant Deed $302,000 Accommodation/Courtesy Recordi
Grant Deed $604,000 Equity Title Company
Gift Deed -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $817,500 New Conventional
Previous Owner $483,200 New Conventional
Previous Owner $130,000 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR26067199

California Regional Multiple Listing Service (CRMLS)

APN: 2451-001-016

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