NOT LISTED FOR SALE
9 Beds
5 Baths
5,636 Sq Ft
9,286 Sq Ft Lot

Last Sold December 12, 2022

Last sale price $3,000,000 $532 Per Sq Ft

43 Days on Market

Highlights

  • End Unit
  • Private Yard
  • Cooling System Mounted To A Wall/Window
  • Thomas Jefferson Elementary School Rated A
  • No HOA
  • 5-minute walk to Earthwalk Park

About This Home

As of December 2022

Stunning prime Burbank 6 Unit virtually zero deferred maintenance! All systems very recently upgraded including plumbing, heating, windows, roof, flooring, kitchens, bathrooms. Each unit with its own laundry and granite countertops. Dual tandem covered parking plus storage for most units. Park-like garden setting around the building. Mountain views. Private patios or balconies. Adjacent to beautiful McCambridge Park with Burbank Tennis Center, Aquatic Center, ball fields, and playgrounds. Excellent public transportation. Walk to shopping, schools, churches, restaurants. No rent control except Statewide; room for income growth in rents. Extreme Pride of Ownership property!

Last Agent to Sell the Property

Barry Burnett

Barry Burnett Realty, Inc. License #00989278 Listed on: 09/28/2022

Last Buyer's Agent

Brett Howard

Howard Realty Group Inc. License #01120327

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 9,286 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Private Yard

Home Design

  • Property Attached

Interior Spaces

  • 5,636 Sq Ft Home
  • 2-Story Property
  • Center Hall
  • Gas Range
  • Laminate Flooring

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Parking

  • 11 Parking Spaces
  • 11 Carport Spaces
  • Parking Available

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 27
  • Tax Tract Number 12730
  • Assessor Parcel Number 2468008021
  • $938 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 6 Units

Recreation

  • Park

Building Details

  • 6 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • Operating Expense $52,963
  • Gross Income $176,544
  • Net Operating Income $123,581

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Other Phone Description: 818-842-2611
  • Price Per Unit: 533333
  • Property Attached: Yes
  • Zoning: BUR3*
  • Property Type: Residential Income
  • Parcel Number: 2468008021
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 532.29
  • Room Type: Center Hall

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 11.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 11.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 9286.00
  • Lot Size Acres: 0.2132

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average1 Bed Area: 810 Square Feet
  • Average2 Bed Area: 725 Square Feet
  • Average3 Bed Area: 100 Square Feet
  • Gross Income: 176544.00
  • Gross Scheduled Income: 176544.00
  • Lot Size Area: 9286.0000 Square Feet
  • Net Operating Income: 123581.00
  • Number Of Separate Electric Meters: 6
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number With Dishwasher: 6
  • Number With Patio: 1
  • Number With Range: 6
  • Operating Expense: 52963.00
  • Operating Expense Percent: 30.00
  • Rent Control: Yes
  • Total Actual Rent: 14712.00
  • Total Expenses: 52963.00

Tax Info

  • Tax Census Tract: 3106.02
  • Tax Lot: 27
  • Tax Tract Number: 12730
  • TaxOtherAnnualAssessmentAmount: 938.00

Range of Values:

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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
12/12/2022 12/12/22 Sold $3,000,000 -6.3% $532 / Sq Ft
11/10/2022 11/10/22 Pending -- -- --
09/28/2022 09/28/22 For Sale $3,200,000 -- $568 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB22210199

California Regional Multiple Listing Service (CRMLS)