$1,148,000
$50K PRICE DROP

Estimated payment $7,562/month

Total Views 5,376
1 Bed
3 Baths
1,404 Sq Ft
$818 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Quartz Countertops
  • Tile Flooring
  • R. L. Stevenson Elementary School Rated A
  • Cooling System Mounted To A Wall/Window
  • Awning

About This Home

Beautiful triplex available in Burbank. Great unit mix of singles and a 1 bedroom. Rents are below market. One unit is vacant which can be rented, or perfect for an owner user. Two units have been updated. 3 parking spaces in rear. Great visibility. Individually metered for gas and electricity. Property management in place which can remain.

Listing Agent

Michael Shaar

Re/Max Tri-City Realty License #01126958 Listed on: 03/29/2025

Re/Max Tri-City Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,000

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • 2,725 Sq Ft Lot
  • Two or More Common Walls
  • No Sprinklers

Home Design

  • Triplex
  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Composition Roof

Interior Spaces

  • 1,404 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Awning
  • Blinds

Kitchen

  • Gas and Electric Range
  • Microwave
  • Quartz Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Parking Available
  • Driveway
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 53
  • Tax Tract Number 311601
  • Assessor Parcel Number 2483014402
  • Seller Considering Concessions

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,102
  • Maintenance Expense $1,435
  • Other Expense $371
  • Pest Control $300
  • Professional Management Expense $3,495
  • Trash Expense $1,920
  • Operating Expense $6,328
  • Gross Income $58,211
  • Net Operating Income $51,409

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,000

Year Built

Built in 1959 | Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • Professional Management Expense: 3495.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Not Applicable
  • View: No
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic, Updated/Remodeled
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 2483014402
  • Year Built: 1959
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Quartz Counters, Unfurnished
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 817.66
  • Room Type: All Bedrooms Down, Kitchen
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Awning(s), Rain Gutters, Lighting
  • Fence: No
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Off Street, On Site, Asphalt
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Available, Water Available, Sewer Available, Phone Available, Natural Gas Available, Electricity Available
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas & Electric Range, Microwave
  • Heating Type: Wall Furnace, Natural Gas
  • Pest Control Expense: 300.00
  • Sewer: Public Sewer
  • Trash Expense: 1920.00
  • Water Source: Public
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 2725.00
  • Lot Size Acres: 0.0626

Rental Info

  • Tenant Pays: Cable TV, Telephone, Gas, Electricity

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Average Studio Area: 400 Square Feet
  • Gross Income: 58211.00
  • Gross Scheduled Income: 58211.00
  • Insurance Expense: 1102.00
  • Lot Size Area: 2725.0000 Square Feet
  • Maintenance Expense: 1435.00
  • Net Operating Income: 51409.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 6801.00
  • Other Expense: 371.00
  • Other Expense Description: Fire extinguisher service
  • Rent Control: Yes
  • Total Expenses: 6328.00

Tax Info

  • Tax Lot: 53
  • Tax Tract: 10134
  • Tax Tract Number: 311601
  • Tax Annual Amount: 14000.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $2,411 $203,076 $118,804 $84,272
2023 $2,387 $199,095 $116,475 $82,620
2022 $2,280 $195,192 $114,192 $81,000
2021 $2,264 $191,365 $111,953 $79,412
2019 $2,174 $186,211 $108,634 $77,577
2018 $2,149 $182,571 $106,504 $76,067
2016 $2,028 $174,983 $102,369 $72,614
2015 $1,989 $172,356 $100,832 $71,524
2014 $2,002 $168,980 $98,857 $70,123
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Price Changed $1,148,000 -4.2% $818 / Sq Ft
03/29/2025 03/29/25 For Sale $1,198,000 -- $853 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

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Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-21484

Pasadena-Foothills Association of REALTORS®

APN: 2483-014-402