T
Seller's Agent in 2022
Tiffany Jennings
Tiffany Jennings Realty
(626) 720-2780
1 in this area
4 Total Sales
424 E Cedar Ave Burbank, CA 91501
Hillside District Neighborhood
18
Beds
18
Baths
1,918
Sq Ft
7,716
Sq Ft Lot
Highlights
- No HOA
- Subterranean Parking
- Laundry Room
- Joaquin Miller Elementary School Rated A-
- Cooling System Powered By Gas
- Sliding Doors
About This Home
As of February 2022Excellent investment opportunity: 10-unit apartment community located in the highly sought-after City of Burbank. Its unit mix consists of (2) one-bedroom, one-bath and (8) two-bedroom, two-bath units. Tenants enjoy the walkability and ease of access to shopping, dining, schools, parks, entertainment, public transportation, and freeways I-5 and SR-134. Carefully maintained by owner of 25 years with upgrades along the way. Recent improvements include new composition shingle roof, kitchen cabinets & appliances, hardwood floors, ceramic tile, and exterior paint. This building also features copper plumbing, newer 100+ gallon water heater, 2 parking spots per unit in gate-controlled underground parking with gated exit to alley. Exterior lighting and secured entrance to front doors provide added safety to tenants. Tenants also enjoy either a private balcony or patio, gas fireplace, central air, and attractive grounds. Coin-operated laundry machines provide additional income to owner. Gas and electric are separately metered.
Last Agent to Sell the Property
Tiffany Jennings Realty License #01992099 Listed on: 01/08/2022
Last Buyer's Agent
Unknown Agent
Data Migration
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1986
Lot Details
- 7,716 Sq Ft Lot
- Property fronts an alley
- Paved or Partially Paved Lot
Parking
- 20 Car Garage
- Subterranean Parking
- Parking Available
- Automatic Gate
- Controlled Entrance
Home Design
- Property Attached
- Pillar, Post or Pier Foundation
- Block Foundation
- Concrete Perimeter Foundation
- Pier Jacks
Interior Spaces
- 1,918 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Blinds
- Sliding Doors
- Living Room with Fireplace
- Carpet
- Security Lights
- Laundry Room
Kitchen
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 18 Bedrooms
- 18 Full Bathrooms
Utilities
- Cooling System Powered By Gas
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number 5621024010
Community Details
Overview
- No Home Owners Association
- 10 Units
- Custom 4179 Subdivision
Amenities
- Laundry Facilities
Building Details
- 8 Leased Units
- 10 Separate Electric Meters
- 10 Separate Gas Meters
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/18/2022 02/18/22 | Sold | $3,475,000 | -8.6% | $1,812 / Sq Ft |
| 02/17/2022 02/17/22 | Pending | -- | -- | -- |
| 01/08/2022 01/08/22 | For Sale | $3,800,000 | -- | $1,981 / Sq Ft |
Source: Ventura County Regional Data Share
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 | $47,015 | $4,244,831 | $1,697,932 | $2,546,899 |
| 2024 | $47,015 | $4,161,600 | $1,664,640 | $2,496,960 |
| 2023 | $46,519 | $4,080,000 | $1,632,000 | $2,448,000 |
| 2022 | $15,056 | $1,274,442 | $300,925 | $973,517 |
| 2021 | $14,952 | $1,249,454 | $295,025 | $954,429 |
| 2019 | $14,377 | $1,222,271 | $286,275 | $935,996 |
| 2018 | $14,200 | $1,198,499 | $280,662 | $917,837 |
| 2016 | $13,388 | $1,142,469 | $269,764 | $872,705 |
| 2015 | $13,130 | $1,125,309 | $265,712 | $859,597 |
| 2014 | $13,153 | $1,103,267 | $260,508 | $842,759 |
Source: Public Records
Agents Affiliated with this Home
-
Tiffany Jennings
-
U
Buyer's Agent in 2022
Unknown Agent
Data Migration
Map
Source: Ventura County Regional Data Share
MLS Number: 222000112
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