Seller's Agent in 2023
Norio Kanai
Cosmo Investment
(562) 548-7972
1 in this area
7 Total Sales
241 W Tujunga Ave Burbank, CA 91502
Rancho Adjacent Neighborhood
6
Beds
6
Baths
12,790
Sq Ft
9,401
Sq Ft Lot
About This Home
As of November 2023Back on the market. Accepting offers. Price reduction. Seller is very motivated and any reasonable offers are entertained. Renovated 15 units apartment except 3 units unrenovated which is the value-add potential for higher rents. Please email the listing agent for the Setup Sheet, Rent Roll, & additional photos of renovated units.
Last Agent to Sell the Property
Cosmo Investment License #01111885 Listed on: 10/21/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 9,401 Sq Ft Lot
- Two or More Common Walls
- Density is 11-15 Units/Acre
Home Design
- 12,790 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 36
- Tax Tract Number 5101
- Assessor Parcel Number 2451018072
Community Details
Building Details
- 16 Separate Electric Meters
- 16 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $8,035
- Fuel Expense $8,035
- Insurance Expense $10,460
- Professional Management Expense $13,852
- Trash Expense $9,262
- Water Sewer Expense $8,035
- Operating Expense $108,566
- Gross Income $32,273
- Net Operating Income $278,710
Additional Features
- 15 Units
- Laundry Facilities
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/08/2023 11/08/23 | Sold | $4,800,000 | -9.4% | $375 / Sq Ft |
| 09/12/2023 09/12/23 | Pending | -- | -- | -- |
| 04/07/2023 04/07/23 | Price Changed | $5,300,000 | -7.0% | $414 / Sq Ft |
| 10/11/2022 10/11/22 | Price Changed | $5,700,000 | 0.0% | $446 / Sq Ft |
| 10/11/2022 10/11/22 | For Sale | $5,700,000 | +18.8% | $446 / Sq Ft |
| 05/12/2022 05/12/22 | Off Market | $4,800,000 | -- | -- |
| 04/23/2022 04/23/22 | Price Changed | $6,100,000 | -1.6% | $477 / Sq Ft |
| 04/12/2022 04/12/22 | Price Changed | $6,199,000 | -1.2% | $485 / Sq Ft |
| 03/03/2022 03/03/22 | Price Changed | $6,275,000 | -1.2% | $491 / Sq Ft |
| 10/21/2021 10/21/21 | For Sale | $6,350,000 | -- | $496 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Norio Kanai
-
Lane Aronson
Buyer's Agent in 2023
Lane Aronson
Berkshire Hathaway Home Servic
(323) 671-1233
1 in this area
22 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB21233266
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