NOT LISTED FOR SALE
8 Beds
8 Baths
5,600 Sq Ft
10,150 Sq Ft Lot

Last Sold August 31, 2015

Last sale price $2,000,000 $357 Per Sq Ft

12 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Neighborhood Views
  • Ralph Emerson Elementary School Rated A-
  • Private Yard
  • Cooling System Mounted To A Wall/Window

About This Home

As of August 2015

Landmark, pride of ownership 7 unit apartment building in high demand area. One very large Town House Style owners unit on the corner with two bedrooms two baths, large living room w/fireplace and den that could be a 3rd bedroom. Laundry in unit, large kitchen and hardwood floors. Plus 6 nice 1 bed, 1 bath units in very clean original condition, some with hardwood floors. Large private rear garden yard , laundry room with leased washer & dryer and owner storage room/workshop. Three 2 car garages with openers plus parking. Separate gas/electric meters, master water meter. All tenants are on month to month agreements and there is no rent control in Burbank. You may walk around the property but please do not disturb tenants.

Last Agent to Sell the Property

David Fogg

Keller Williams Realty World Media Center License #01149065 Listed on: 07/07/2015

Last Buyer's Agent

Courtney McCarson

Real Brokerage Technologies License #01968280

Real Brokerage Technologies

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 10,150 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard
  • Front Yard
  • Density is 6-10 Units/Acre

Parking

  • 6 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Property Attached
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 5,600 Sq Ft Home
  • Living Room with Fireplace
  • Neighborhood Views
  • Tile Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Leased Washer and Dryer

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 4294
  • Assessor Parcel Number 2455033001

Community Details

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Gardener Expense $1,500
  • Insurance Expense $2,400
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $23,688
  • Gross Income $25
  • Net Operating Income $36,432

Additional Features

  • 7 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Parking

6

Listing Details

  • Other Phone Description: Office Manager
  • Other Phone Number: 818-239-3512
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: BUR3*
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 1500.00
  • Parcel Number: 2455033001
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Tile Counters
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Wood
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 357.14
  • Room Type: Living Room

Exterior Features

  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Common Area, Community, Individual Room, Outside
  • Trash Expense: 1200.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: 6-10 Units/Acre, Front Yard, Yard
  • Lot Size Sq Ft: 10150.00
  • Price Per Lot Square Foot: 197.04
  • Lot Size Acres: 0.2330

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 25.00
  • Gross Scheduled Income: 68100.00
  • Insurance Expense: 2400.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 10150.0000 Square Feet
  • Net Operating Income: 36432.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 7
  • Operating Expense: 31668.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 23688.00
  • Tax Lot: 1
  • Tax Tract Number: 4294

Range of Values:

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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
08/31/2015 08/31/15 Sold $2,000,000 +5.5% $357 / Sq Ft
07/19/2015 07/19/15 Pending -- -- --
07/07/2015 07/07/15 For Sale $1,895,000 -- $338 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB15147415

California Regional Multiple Listing Service (CRMLS)