N
Seller's Agent in 2021
Natalie Wolfe
Alpha Wolfe Property Group, Inc.
(818) 473-4516
1 in this area
8 Total Sales
2250 N Frederic St Burbank, CA 91504
Airport District NeighborhoodEstimated Value: $1,706,000 - $1,966,000
8
Beds
4
Baths
3,912
Sq Ft
$475/Sq Ft
Est. Value
Highlights
- Cooling System Mounted To A Wall/Window
- Laundry Room
- Wall Furnace
- George Washington Elementary Rated A-
- Carpet
- 4-minute walk to Robert E Lundigan Park
About This Home
As of November 2021Don't let this this great investment opportunity slip by. Submit your offer today for this fully occupied 4-plex in Burbank. First time on the market in almost 50 years. All units are 2 bedroom, 1 bath. Community laundry facility with carport parking in rear. New copper plumbing in 2019. Property is conveniently close to Empire Center, restaurants, parks, freeway access, and the Burbank airport. PLEASE DO NOT DISTURB THE TENANTS! Offers are subject to interior inspection.
Last Agent to Sell the Property
Alpha Wolfe Property Group, Inc. License #01886274 Listed on: 10/12/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 6,499 Sq Ft Lot
- Two or More Common Walls
- Front Yard Sprinklers
- Density is up to 1 Unit/Acre
Home Design
- Quadruplex
- Shingle Roof
Interior Spaces
- 3,912 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Parking
- 4 Parking Spaces
- 4 Carport Spaces
- Parking Available
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Central Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 95
- Tax Tract Number 4615
- Assessor Parcel Number 2466014034
- $476 per year additional tax assessments
Community Details
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $325
- Fuel Expense $1,130
- Gardener Expense $1,740
- Insurance Expense $1,355
- Professional Management Expense $5,105
- Trash Expense $2,190
- Water Sewer Expense $1,375
- Operating Expense $13,262
- Gross Income $79,450
- Net Operating Income $66,188
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 23, 1997
Sold by
Baltzer William V
Bought by
Baltzer William and William V Baltzer Trust
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Baltzer William | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/30/2021 11/30/21 | Sold | $1,610,000 | +0.7% | $412 / Sq Ft |
| 10/15/2021 10/15/21 | Pending | -- | -- | -- |
| 10/12/2021 10/12/21 | For Sale | $1,599,000 | -- | $409 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $19,500 | $1,708,544 | $1,029,371 | $679,173 |
| 2024 | $18,920 | $1,675,044 | $1,009,188 | $665,856 |
| 2023 | $18,720 | $1,642,200 | $989,400 | $652,800 |
| 2022 | $17,876 | $1,610,000 | $970,000 | $640,000 |
| 2021 | $1,678 | $107,754 | $23,975 | $83,779 |
| 2019 | $1,624 | $106,000 | $23,265 | $82,735 |
| 2018 | $1,470 | $103,950 | $22,809 | $81,141 |
| 2016 | $1,354 | $98,531 | $21,924 | $76,607 |
| 2015 | $1,332 | $97,052 | $21,595 | $75,457 |
| 2014 | $1,358 | $95,151 | $21,172 | $73,979 |
Source: Public Records
Agents Affiliated with this Home
-
Natalie Wolfe
-
David Weinberger
Buyer's Agent in 2021
David Weinberger
Keller Williams Studio City
(818) 970-0915
1 in this area
69 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB21225691
APN: 2466-014-034
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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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