NOT LISTED FOR SALE

2301 N Fairview St Burbank, CA 91504

Airport District Neighborhood
6 Beds
6 Baths
4,551 Sq Ft
6,800 Sq Ft Lot

Last Sold January 19, 2017

Last sale price $1,750,000 $385 Per Sq Ft

105 Days on Market

Highlights

  • Modern Architecture
  • No HOA
  • Forced Air Heating and Cooling System
  • Providencia Elementary School Rated A-
  • Laundry Room
  • 5-minute walk to Robert Gross Park

About This Home

As of January 2017

6 UNITS IN BURBANK BUILT 1988 CENTRAL AIR AND HEAT NO RENT CONTROL ONE UNIT 2BR 2BA FOUR UNITS 1BR 1BA AND ONE UNIT STUDIO.

Last Agent to Sell the Property

Jack Bitar

City Center Realty Group License #00937336 Listed on: 06/01/2016

Co-Listed By

Steve Hovakimyan

City Center Realty Group License #01363908

Last Buyer's Agent

Sami Dinar

Keller Williams Beverly Hills License #01345387

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 6,800 Sq Ft Lot
  • Two or More Common Walls
  • Sprinkler System

Parking

  • 7 Car Garage

Home Design

  • Modern Architecture
  • Property Attached
  • Flat Roof Shape
  • Frame Construction
  • Stucco

Interior Spaces

  • 4,551 Sq Ft Home
  • Carpet
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 183
  • Tax Tract Number 9443
  • Assessor Parcel Number 2464005025

Community Details

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Gardener Expense $720
  • Insurance Expense $2,568
  • Maintenance Expense $3,000
  • Other Expense $1,896
  • Pest Control $492
  • Water Sewer Expense $3,804
  • New Taxes Expense $6,634
  • Gross Income $6,175
  • Net Operating Income $47,788

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Parking

7

Listing Details

  • CapRate: 2.73
  • Other Phone Description: DIRECT
  • Other Phone Number: 818-247-6596
  • Price Per Unit: 308333
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 3804.00
  • Architectural Style: Modern
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 2464005025
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 384.53

Exterior Features

  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 7.00
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Cable Available, Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop
  • Heating Type: Forced Air
  • Laundry Features: Community
  • Pest Control Expense: 492.00
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 6800.00
  • Price Per Lot Square Foot: 257.35

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 6175.00
  • Gross Multiplier: 23.50
  • Gross Scheduled Income: 74458.00
  • Insurance Expense: 2568.00
  • Maintenance Expense: 3000.00
  • Net Operating Income: 47788.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Leased: 6
  • Number With Carpet: 6
  • Number With Dishwasher: 6
  • Number With Range: 6
  • Operating Expense: 26670.00
  • Other Expense: 1896.00
  • Other Expense Description: AHS
  • Rent Control: No
  • Total Actual Rent: 66900.00

Tax Info

  • New Taxes Expense: 6634.00
  • Tax Lot: 183
  • Tax Tract Number: 9443

Range of Values:

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List Price
Sold Price
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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 Change Sq Ft Price
01/19/2017 01/19/17 Sold $1,750,000 0.0% $385 / Sq Ft
07/28/2016 07/28/16 Price Changed $1,750,000 -5.4% $385 / Sq Ft
06/01/2016 06/01/16 For Sale $1,850,000 -- $407 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jack Bitar

    City Center Realty Group

    (818) 209-6596

    Jack Bitar
    Section Image
  • Steve Hovakimyan

    Seller Co-Listing Agent in 2017

    Steve Hovakimyan

    City Center Realty Group

    (818) 209-0922

    41 Total Sales

    Steve Hovakimyan
    Section Image

  • S

    Buyer's Agent in 2017

    Sami Dinar

    Keller Williams Beverly Hills

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB16118286

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Burbank 91504 Airport District

2301 N Fairview St, Burbank, CA

This home is located at 2301 N Fairview St, Burbank, CA 91504 since 01 June 2016. This property was built in 1988. 2301 N Fairview St is a home located in Los Angeles County with nearby schools including Providencia Elementary School, Luther Burbank Middle School, and Burbank High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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