D
Seller's Agent in 2019
Don Ivone
California R.E.Services
225 W Valencia Ave Burbank, CA 91502
Rancho Adjacent Neighborhood
12
Beds
8
Baths
6,634
Sq Ft
0.33
Acre Lot
Highlights
- 0.33 Acre Lot
- Wood Flooring
- Laundry Room
- William McKinley Elementary School Rated A-
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
About This Home
As of December 2019Actual address is 225 - 227 E. Valencia. NON-RENT CONTROL. Proforma can achieve 5.65 Cap. Property consist of Two Buildings on Two separate Lots. 5 Units per building - Garden style. Each building consist of (3) 1 bedroom +1 bath on ground level and (2) 2 bedroom +1 bath in back. Twin buildings with lush greenery and white wrought iron railings. (4) 1 car garages in rear, 2 open parking spots inside and plenty of street parking. Separate Laundry on premises with 1 washer and 1 dryer - coin operated and good size owner storage shed. Close to shopping, IKEA, transportation, Restaurants, Burbank mall, Hospital.
Rents are well under market - long term tenants - good upside potential in non-rent control Burbank.
Buildings are to be sold together.
Last Agent to Sell the Property
Don Ivone
California R.E.Services License #00949237 Listed on: 08/05/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Lot Details
- 14,493 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 2 Open Parking Spaces
- 4 Car Garage
- Parking Available
- Assigned Parking
Home Design
- 6,634 Sq Ft Home
- Property Attached
Flooring
- Wood
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 12 Bedrooms
- 8 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Wall Furnace
- Sewer Paid
Additional Features
- Laundry Room
- Exterior Lighting
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 15
- Tax Tract Number 9207
Community Details
Overview
- 2 Buildings
- 10 Units
Amenities
- Laundry Facilities
Building Details
- 10 Leased Units
- 12 Separate Electric Meters
- 11 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,070
- Gardener Expense $1,440
- Insurance Expense $5,000
- Trash Expense $930
- Water Sewer Expense $1,350
- New Taxes Expense $37,500
- Operating Expense $47,390
- Gross Income $169,320
- Net Operating Income $121,930
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Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/13/2019 12/13/19 | Sold | $3,000,000 | 0.0% | $452 / Sq Ft |
| 08/23/2019 08/23/19 | Pending | -- | -- | -- |
| 08/05/2019 08/05/19 | For Sale | $3,000,000 | -- | $452 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Agents Affiliated with this Home
-
-
Debbie Ivone
D
Buyer's Agent in 2019
Debbie Ivone
California R.E.Services
(818) 378-7759
1 in this area
17 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB19187746
APN: 2453-038-008
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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