NOT LISTED FOR SALE
4 Beds
3 Baths
4,364 Sq Ft
6,812 Sq Ft Lot

Sale Details

Date Sold: April 3, 2025

Last sale price $2,300,000 $527 Per Sq Ft

27 Days on Market

Highlights

  • Laundry Facilities
  • Hutchens Elementary School Rated 10
  • Rectangular Lot

About This Home

As of April 2025

We are proud to represent this 5 unit property located in Burbank. The property was constructed in 1928. Its unit mix consists of (1) 2+1 home and (4) 2+1.5 townhouse units. With a lot size of 6,810 square feet, the property has a total of 4,364 rentable square feet. The property is located in Burbank, which is a highly desirable rental market and is known as the media capital of the world. It is home to Disney Studios, Warner Brothers, and NBC. The city has over 80 restaurants, 30 movie screens, and 200 stores; its residents enjoy top ranked schools, easy access to the 5 and 134 freeways, and close proximity to the Burbank Metro Link. The property is separately metered for gas and electricity

Last Agent to Sell the Property

Cindy Hill

Equity Union Brokerage Phone: 818-640-4360 License #00885625 Listed on: 01/07/2025

Equity Union

Last Buyer's Agent

Cindy Hill

Equity Union Brokerage Phone: 818-640-4360 License #00885625 Listed on: 01/07/2025

Equity Union
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 6,812 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 4,364 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 5 / D
  • Tax Tract Number 7709
  • Assessor Parcel Number 2451034004
  • $902 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 5 Units
  • Valley

Amenities

  • Laundry Facilities

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Electric Expense $2,463
  • Insurance Expense $5,827
  • Trash Expense $1,543
  • Operating Expense $46,960
  • Gross Income $166,440
  • Net Operating Income $119,942

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

6,812 Sq Ft Lot

Listing Details

  • CapRate: 5.03
  • Property Attached: Yes
  • Zoning: BUR4*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 2451034004
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 527.04

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1543.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Suburban, Urban, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 6812.00
  • Lot Size Acres: 0.1564

Multi Family

  • Electric Expense: 2463.00
  • Gross Income: 166440.00
  • Gross Multiplier: 13.84
  • Gross Scheduled Income: 171600.00
  • Insurance Expense: 5827.00
  • Lot Size Area: 6812.0000 Square Feet
  • Net Operating Income: 119942.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 5
  • Operating Expense: 46960.00
  • Rent Control: No
  • Total Expenses: 46960.00

Tax Info

  • Tax Block: D
  • Tax Census Tract: 3118.01
  • Tax Lot: 5
  • Tax Tract Number: 7709
  • TaxOtherAnnualAssessmentAmount: 902.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2025
Closed on
Mar 29, 2025
Sold by
Bought by
Seller's Agent
Cindy Hill
Equity Union
Buyer's Agent
Cindy Hill
Equity Union
List Price
$2,375,000
Sold Price
$2,300,000
Premium/Discount to List
-$75,000
-3.16%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,184,181
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 4, 2016
Closed on
Apr 28, 2016
Sold by
Bought by
Seller's Agent
Bill Toth
First Class Real Estate
Buyer's Agent
Cindy Hill
Equity Union
List Price
$1,199,000
Sold Price
$1,194,000
Premium/Discount to List
-$5,000
-0.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Original Mortgage
$522,000
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 14, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 9, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
6.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 29, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,150
Interest Rate
8.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 23, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
7.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 15, 1995
Sold by
Bought by

Purchase Details

Closed on
Apr 18, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Lawyers Title Company
$2,300,000 Lawyers Title Company
$1,194,000 Orange Coast Title Co Socal
-- Netco Title Company
-- Multiple
-- Security Union Title Ins Co
-- Gateway Title Company
-- Gateway Title Company
-- First Southwestern Title
-- First Southwestern Title
-- First Southwestern Title Co
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,200,000
Previous Owner $1,325,000
Previous Owner $1,055,000
Previous Owner $522,000
Previous Owner $50,000
Previous Owner $156,000
Previous Owner $125,000
Previous Owner $103,000
Previous Owner $40,839
Previous Owner $32,150
Previous Owner $109,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/03/2025 04/03/25 Sold $2,300,000 -3.2% $527 / Sq Ft
02/03/2025 02/03/25 Pending -- -- --
01/07/2025 01/07/25 For Sale $2,375,000 +98.9% $544 / Sq Ft
05/10/2016 05/10/16 Sold $1,194,000 -0.4% $274 / Sq Ft View Prior Sale
02/16/2016 02/16/16 Pending -- -- --
02/04/2016 02/04/16 For Sale $1,199,000 -- $275 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $16,583 $1,413,447 $561,116 $852,331
2024 $16,111 $1,385,733 $550,114 $835,619
2023 $15,946 $1,358,563 $539,328 $819,235
2022 $15,246 $1,331,925 $528,753 $803,172
2021 $15,176 $1,305,810 $518,386 $787,424
2020 $15,013 $1,292,421 $513,071 $779,350
2019 $14,581 $1,267,080 $503,011 $764,069
2018 $14,389 $1,242,237 $493,149 $749,088
2016 $1,785 $115,525 $28,975 $86,550
2015 $1,759 $113,790 $28,540 $85,250
2014 $1,790 $111,562 $27,981 $83,581
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25003909

California Regional Multiple Listing Service (CRMLS)
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