NOT LISTED FOR SALE

316 N Florence St Burbank, CA 91505

Media District Neighborhood

Estimated Value: $1,469,000 - $1,618,252

4 Beds
3 Baths
2,319 Sq Ft
$677/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $1,499,000 $646 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $9,959/month

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Views
  • R. L. Stevenson Elementary School Rated A
  • Fenced Yard
  • Living Room

About This Home

As of December 2023

TRIPLEX SOLD BEFORE PROCESSING. TWO 1 BEDROOM / 1 BATH UNITS & ONE 2 BEDROOM / 1 BATH UNIT

Last Agent to Sell the Property

Craig Strong

Compass License #01450987 Listed on: 11/21/2023

Compass

Co-Listed By

Kristin Neithercut

Compass License #02003278

Last Buyer's Agent

Dan Sanchez

Engel & Völkers Burbank License #01258134

Engel & Völkers Burbank

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,786

Year Built

  • Built in 1950

Lot Details

  • 6,894 Sq Ft Lot
  • Fenced Yard
  • Front Yard

Parking

  • 3 Car Garage
  • Parking Garage Space

Home Design

  • Triplex
  • Traditional Architecture
  • Split Level Home

Interior Spaces

  • 2,319 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Oven or Range
  • Laundry Located Outside
  • Property Views

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 2484-005-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,786

Year Built

Built in 1950

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Multi/Split, Two
  • Street Number Display: Yes
  • Living Area: 2319
  • Lot Acreage: 0.1583
  • Probate: No
  • Stories: 2
  • Year Built: 1950
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Hardwood
  • Bedrooms: 4
  • Common Walls: Attached
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Outside, Community
  • Laundry Equipment: Own
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Range/Oven
  • Price Per S Q F T: 646.40

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 3
  • Covered Parking: 3
  • Garage Structures: 1
  • Parking Garage: Community Garage
  • Total Parking: 6

Utilities

  • Cooling: Wall/Window
  • Water Heaters: Yes

Schools

  • School District: Burbank Unified

Lot Info

  • Assessed Improvement Percent: 30.53
  • Assessed Improvement Value: 228171
  • Assessed Land Percent: 69.47
  • Assessed Land Value: 519127
  • Total Assessed Value: 747298
  • Assessor Parcel Number: 2484-005-008
  • Lot Description: Fenced Yard, Front Yard
  • Lot Location: Flats
  • Lot Size Area: 6894

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 23.00
  • Number Of Units: 3
  • Total Annual Expense: 14977
  • Type Of Units: Triplex
  • Vacancy Rate: 0

MLS Schools

  • School District: Burbank Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2023
Closed on
Nov 20, 2023
Sold by
Gustat Karzen Family Trust
Bought by
Gregory Lincoln Family Irrevocable Trust and Lincoln
Seller's Agent
Craig Strong
Compass
Buyer's Agent
Dan Sanchez
Engel & Völkers Burbank
List Price
$1,499,000
Sold Price
$1,499,000
Views
14
Current Estimated Value
$1,571,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,063
Avg. Annual Appreciation
2.74%

Purchase Details

Closed on
Aug 9, 2021
Sold by
Karzen Amy Brooke and Gustat Leslye A
Bought by
Gustat Karze A and Gustat Leslye A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2014
Sold by
Karzen A Brooke
Bought by
Gustat Karzen Family Trust

Purchase Details

Closed on
Nov 1, 2011
Sold by
Aldi Justin
Bought by
Karzen A Brooke and Gustat Leslye A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,250
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2011
Sold by
Caulkins Annette R
Bought by
Aldi Justin and The Justin Aldi Separate Property Trust

Purchase Details

Closed on
Oct 5, 1999
Sold by
Boteilho Lucy
Bought by
Caulkins Annette R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,092
Interest Rate
7.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 9, 1997
Sold by
Boteilho Lucy
Bought by
Boteilho Lucy and The Lucy Boteilho Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Gregory Lincoln Family Irrevocable Trust $1,499,000 Ticor Title Company
Gustat Karze A -- Accommodation
Karzen Amy Brooke -- Lawyers Title
Gustat Karzen Family Trust -- None Available
Karzen A Brooke -- None Available
Karzen A Brooke $619,000 Itc
Aldi Justin -- Investors Title Company
Caulkins Annette R $180,000 First American Title Co
Boteilho Lucy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karzen Amy Brooke $392,000
Previous Owner Karzen A Brooke $464,250
Previous Owner Caulkins Annette R $200,000
Previous Owner Caulkins Annette R $184,000
Previous Owner Caulkins Annette R $158,631
Previous Owner Caulkins Annette R $178,092
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $1,499,000 0.0% $646 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
11/21/2023 11/21/23 For Sale $1,499,000 -- $646 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $16,786 $1,528,980 $1,020,000 $508,980
2024 $16,786 $1,499,000 $1,000,000 $499,000
2023 $8,609 $747,298 $519,127 $228,171
2022 $8,231 $732,647 $508,949 $223,698
2021 $8,193 $718,282 $498,970 $219,312
2019 $7,865 $696,979 $484,171 $212,808
2018 $7,743 $683,314 $474,678 $208,636
2016 $7,346 $656,783 $456,247 $200,536
2015 $7,198 $646,918 $449,394 $197,524
2014 $7,192 $634,246 $440,591 $193,655
Source: Public Records

Agents Affiliated with this Home

  • Craig Strong

    Seller's Agent in 2023

    Craig Strong

    Compass

    (818) 987-9700

    18 in this area

    304 Total Sales

    Craig Strong
    Section Image
  • Kristin Neithercut

    Seller Co-Listing Agent in 2023

    Kristin Neithercut

    Compass

    (508) 826-7127

    19 in this area

    191 Total Sales

    Kristin Neithercut
    Section Image

  • D

    Buyer's Agent in 2023

    Dan Sanchez

    Engel & Völkers Burbank

    Section Image
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Map

Source: The MLS

MLS Number: 23-333893

The MLS

APN: 2484-005-008

California Los Angeles County Burbank 91505 Media District

316 N Florence St, Burbank, CA

This home is located at 316 N Florence St, Burbank, CA 91505 since 21 November 2023 and is currently estimated at $1,571,063, approximately $677 per square foot. This property was built in 1950. 316 N Florence St is a home located in Los Angeles County with nearby schools including R. L. Stevenson Elementary School, Dolores Huerta Middle School, and John Burroughs High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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