NOT LISTED FOR SALE
6 Beds
5 Baths
3,128 Sq Ft
6,445 Sq Ft Lot

Last Sold June 15, 2016

Last sale price $1,525,000 $488 Per Sq Ft

156 Days on Market

Highlights

  • Central Heating
  • 3 Car Garage
  • 1-Story Property
  • R. L. Stevenson Elementary School Rated A

About This Home

As of June 2016

Cordova View Terrace Apartments is a charming five unit, cottage style property located in the coveted south-west area of Burbank. This property is not subject to rent control.Located just north of Alameda Avenue and just east of Hollywood Way, this block of Cordova Street has mostly singlefamily homes which gives the area a nice, quiet residential feel. The property is just steps to Warner Brother and Walt Disney Studios and is also very close to Toluca Lake and Studio City areas. The front building features three cottage-style units and is comprised of one spacious two-bedroom/two-bath unit and two one-bedroom/one-bath units. Each unit has front and rear entry doors, hardwood floors and french doors leading topatios with new vinyl patio walls. Each of these units has central heating and wall unit air conditioning. The front building units also each receive garage parking which they currently do not pay for. Additionally, the building has copper plumbing (Buyer to verify).

Last Agent to Sell the Property

Brett Sanson

Marcus & Millichap License #01387480 Listed on: 12/16/2015

Last Buyer's Agent

Brett Sanson

Marcus & Millichap License #01387480 Listed on: 12/16/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 6,445 Sq Ft Lot

Parking

  • 3 Car Garage

Interior Spaces

  • 3,128 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 2483-014-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Complex Name: Cordova View Terrace Apartments
  • Living Area: 3128
  • Stories: 1
  • Year Built: 1949
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Range/Oven
  • Price Per S Q F T: 509.91

Exterior Features

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

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Garage
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning, Wall Unit(s)
  • Heating: Central, Wall

Lot Info

  • Assessed Improvement Value: 223860
  • Assessed Land Value: 639602
  • Assessor Parcel Number: 2483-014-001
  • Geocode Override: No
  • Lot Size Area: 6445

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 17.68
  • Number Of Units: 5
  • Rent Control: 0%
  • Total Annual Expense: 34957
  • Type Of Units: Flat
  • Vacancy Rate: 0%

Tax Info

  • Private Transfer Taxes: No

Range of Values:

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Average Value
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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
06/15/2016 06/15/16 Sold $1,525,000 -4.4% $488 / Sq Ft
05/20/2016 05/20/16 Pending -- -- --
05/11/2016 05/11/16 Price Changed $1,595,000 -3.3% $510 / Sq Ft
05/02/2016 05/02/16 Price Changed $1,649,000 -2.7% $527 / Sq Ft
12/16/2015 12/16/15 For Sale $1,695,000 -- $542 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-965991

The MLS