R
Seller's Agent in 2016
Raymond Rodriguez
Equity Union
(805) 892-8119
35 Total Sales
18000 Burbank Blvd Encino, CA 91316
11
Beds
8
Baths
7,005
Sq Ft
8,025
Sq Ft Lot
About This Home
As of April 2016FIRST TIME ON THE MARKET, introducing The 18000 Burbank Blvd. Apartment complex. The building is comprised of a 7 Unit garden-style apartment in a one two story building. The building construction is of wood frame with a flat roof and painted stucco exterior with brick accent. Development was completed in 1963 with a total of 7,005 building square feet on an 8,025 square foot lot. Current zoning is LAR3
The apartment units are spacious and consist of (1) Three-bedroom/Two-bath Townhouse unit, (2) Two-Bedroom/One and a half bath unit, and (4) One-Bedroom/One Bath units. Common area amenities include controlled access, tuck under parking with storage lockers, one laundry facility, some covered patios. Unit amenities include air conditioning, microwave, stove, dishwasher, huge closet space, balconies, and in select unit’s, granite counter tops and hardwood floors. The 3 Bedroom 2 Bath Townhouse unit also includes a bonus DEN, with hard wood flooring, and a kitchen complete with granite counter tops. This is comparable to an owner/user’s unit. Units are large and resemble more of a condominium unit rather than a typical apartment unit.
Last Agent to Sell the Property
Equity Union License #01402283 Listed on: 11/11/2015
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 8,025 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 7 Car Garage
Home Design
- 7,005 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 11 Bedrooms
- 8 Bathrooms
Location
- Urban Location
Listing and Financial Details
- Tax Lot 7
- Tax Tract Number 27188
- Assessor Parcel Number 2159005018
Community Details
Overview
- No Home Owners Association
- 7 Units
Building Details
- 7 Leased Units
- Rent Control
- Insurance Expense $3,152
- Other Expense $7,770
- Trash Expense $1,250
- New Taxes Expense $24,313
- Gross Income $8,994
- Net Operating Income $63,305
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/22/2016 04/22/16 | Sold | $1,850,000 | -7.5% | $264 / Sq Ft |
| 03/30/2016 03/30/16 | Pending | -- | -- | -- |
| 11/11/2015 11/11/15 | For Sale | $2,000,000 | -- | $286 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR15246374
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