NOT LISTED FOR SALE

2135 N Lincoln Street A-E Burbank, CA 91504

Airport District Neighborhood
7 Beds
6 Baths
3,629 Sq Ft
5,224 Sq Ft Lot

Last Sold March 29, 2022

Last sale price $1,700,000 $468 Per Sq Ft

Highlights

  • Mountain View
  • Multi-Level Bedroom
  • Property is near public transit
  • Providencia Elementary School Rated A-
  • Fireplace in Bathroom
  • Lawn

About This Home

As of March 2022

Back on the market. This is a Trust sale. Main house was blt. in 1947, however 4 1-1ba units were blt in 1963. Supra will be installed on 3-5-22. Available units for showing are the main house known as Apt. A, which has open door into Apt. B (the lower unit) This section was never rented. Apt. B was used as an office for the owners for many yearsw. Easily sealed for separation. The main house consists of 2 br, walk-thru den with closet den and 2 ba unit is part of the original home built in 1947. All permits are available with offer. Approx. 1500 sq. ft. - the connected 1 br-lb1 unit. Property consists of main 2 br, den and 2 bath with huge kitchen area. Bottom apt. B was used as owner's office. Top 3 units are 1 br-1ba rented on month-to-month basis. Close to the Empire Center with shopping, restaurants, public transportation. Burbank airport and the 5 fwy/. Please contactt listing agent for more info. Perfect set up for owner occupant plus 4 units. There are 5 units altogether. Buyer must do his due dilegence. Do NOT disturb tenants. It is my undertanding that the City of Burbank will allow an additional unit Buyer must investigate on his own for expansion, etc.. All cash offers preferred. Great opportunity to set your own rents with main house and bottom apts. Upper 3 uits are presently occupied on month-to-month basis. Owner did not die on the premises.
Please submit offer with proof of funds and You can call for showings on either Monday or Tuesdays when caretaker is available. Call listing agent for appt. . . Property sold "As is". Call L.A. for more info. Independent t appraisal of 1.7 is available for viewing. Subject to cancellaltion of previous escrow due to buyers inability to meet contractual obligations.

Last Agent to Sell the Property

Mary Jane Muro

Keller Williams North Valley License #00408903 Listed on: 10/08/2021

Keller Williams North Valley

Last Buyer's Agent

Gevik Yousefi

Jacob & Jacob Realty and Finan License #01897072

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 5,224 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot
  • Lawn
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Rear-Facing Garage
  • Two Garage Doors
  • On-Street Parking

Home Design

  • Apartment
  • Entry on the 2nd floor
  • Flat Roof Shape
  • Raised Foundation
  • Slab Foundation
  • Asbestos Shingle Roof

Interior Spaces

  • 3,629 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Double Pane Windows
  • Awning
  • Entryway
  • Den
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Multi-Level Bedroom
  • Converted Bedroom
  • 6 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Powered By Gas
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • 220 Volts in Garage
  • Sewer Paid

Additional Features

  • Accessibility Features
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 108
  • Tax Tract Number 9685
  • Assessor Parcel Number 2464012042
  • $731 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $6,624
  • Trash Expense $720
  • Water Sewer Expense $2,941
  • New Taxes Expense $2,006
  • Operating Expense $13,011
  • Gross Income $30,780
  • Net Operating Income $71,409

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • Water Sewer Expenses: 2941.00
  • Zoning: BUR4*
  • Architectural Style: Ranch
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 2464012042
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Interior Amenities: Unfurnished
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Accessibility Features: Disability Features
  • Appliances: Yes
  • Entry Level: 2
  • Fireplace Features: Bath
  • Levels: Two
  • Price Per Square Foot: 468.45
  • Room Type: Converted Bedroom, Den, Entry, Kitchen, Laundry, Master Bathroom, Master Bedroom, Multi-Level Bedroom
  • Window Features: Double Pane Windows, Skylight(s)

Exterior Features

  • Foundation: Raised, Slab
  • Exterior Features: Awning(s), Lighting, Rain Gutters
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Asbestos Shingle, Flat

Garage/Parking

  • Garage Spaces: 4.00
  • Parking Features: Garage, Garage Faces Rear, Garage - Two Door, Street
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal
  • Electric: 220 Volts in Garage, Electricity - On Property
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer, Sewer Paid
  • Trash Expense: 720.00
  • Water Source: Public
  • Cooling: Central Air, Electric, Gas, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Landscaped, Lawn, Level with Street, Near Public Transit, Paved, Ranch
  • Lot Size Sq Ft: 5224.00
  • Lot Size Acres: 0.1199
  • Latitude Manual: 34.19512800

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 550 Square Feet
  • Average2 Bed Area: 550 Square Feet
  • Average3 Bed Area: 550 Square Feet
  • Gross Income: 30780.00
  • Gross Scheduled Income: 84420.00
  • Insurance Expense: 6624.00
  • Lot Size Area: 5224.0000 Square Feet
  • Net Operating Income: 71409.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Number With Carpet: 5
  • Number With Disposal: 5
  • Number With Range: 5
  • Operating Expense: 13011.00
  • Operating Expense Percent: 15.00
  • Rent Control: No
  • Total Expenses: 13011.00

Tax Info

  • New Taxes Expense: 2006.00
  • Tax Census Tract: 3105.01
  • Tax Lot: 108
  • Tax Tract: 9685
  • Tax Tract Number: 9685
  • TaxOtherAnnualAssessmentAmount: 731.00

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
03/29/2022 03/29/22 Sold $1,700,000 +0.3% $468 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/03/2022 03/03/22 Price Changed $1,695,000 -0.3% $467 / Sq Ft
02/24/2022 02/24/22 For Sale $1,700,000 0.0% $468 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $1,700,000 0.0% $468 / Sq Ft
01/18/2022 01/18/22 Price Changed $1,700,000 +6.3% $468 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $1,599,000 -5.9% $441 / Sq Ft
01/13/2022 01/13/22 Off Market $1,700,000 -- --
10/25/2021 10/25/21 Price Changed $1,549,000 -6.1% $427 / Sq Ft
10/08/2021 10/08/21 For Sale $1,650,000 -- $455 / 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: SR21222225

California Regional Multiple Listing Service (CRMLS)