NOT LISTED FOR SALE

247 N Maple St Burbank, CA 91505

Media District Neighborhood
8 Beds
6 Baths
4,374 Sq Ft
9,148 Sq Ft Lot

Sale Details

Date Sold: April 27, 2016

Last sale price $1,550,000 $354 Per Sq Ft

27 Days on Market

About This Home

As of April 2016

LOCATION! LOCATION! LOCATION! This is an excellent opportunity to purchase an apartment building located in the Media District of Burbank. Only half mile from the studios! Situated on a corner lot, the property features six units: four (4) 1 bed/1 bath units, and two (2) 2 bed/1bath units. The rental income is significantly under market, with a potential of 50% in upside! Take advantage of the rental upside by renovations and rental increases! The property also features upgraded plumbing, upgraded waste lines, and a new roof was installed approximately five (5) years ago. Tenants pay for gas and electricity, and landlord is responsible for water. Hurry! This wont last! Do not go on property. Do not disturb tenants. Drive by only.

Last Agent to Sell the Property

Andy Kawatra

Andy Anubhav Kawatra License #01881930 Listed on: 02/24/2016

Last Buyer's Agent

Andy Kawatra

Andy Anubhav Kawatra License #01881930 Listed on: 02/24/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 9,352

Home Design

  • 4,374 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • Carport

Additional Features

  • 9,352 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 2482-009-027

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

9,352 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4374
  • Year Built: 1953
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 371.51

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 6

Utilities

  • Cooling: Wall/Window

Lot Info

  • Assessed Improvement Value: 344774
  • Assessed Land Value: 151691
  • Assessor Parcel Number: 2482-009-027
  • Geocode Override: No
  • Lot Size Area: 9352

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 20.99
  • Number Of Units: 6
  • Rent Control: 0
  • Type Of Units: Apartment
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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
04/27/2016 04/27/16 Sold $1,550,000 -4.6% $354 / Sq Ft
03/22/2016 03/22/16 Pending -- -- --
02/24/2016 02/24/16 For Sale $1,625,000 -- $372 / Sq Ft
Source: The MLS

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 $21,371 $1,834,879 $733,951 $1,100,928
2024 $20,747 $1,798,902 $719,560 $1,079,342
2023 $20,532 $1,763,630 $705,451 $1,058,179
2022 $19,626 $1,729,050 $691,619 $1,037,431
2021 $19,545 $1,695,148 $678,058 $1,017,090
2020 $19,335 $1,679,817 $671,106 $1,008,711
2019 $18,774 $1,646,921 $657,948 $988,973
2018 $18,514 $1,614,670 $645,048 $969,622
2016 $6,145 $504,035 $154,004 $350,031
2015 $6,032 $496,465 $151,691 $344,774
2014 $6,055 $486,741 $148,720 $338,021
Source: Public Records

Agents Affiliated with this Home

  • Andy Kawatra

    Seller's Agent in 2016

    Andy Kawatra

    Andy Anubhav Kawatra

    (818) 456-7846

    1 in this area

    19 Total Sales

    Andy Kawatra
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Map

Source: The MLS

MLS Number: 16-100062

The MLS
California Los Angeles County Burbank 91505 Media District

247 N Maple St, Burbank, CA

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