NOT LISTED FOR SALE

440 E San Jose Ave Burbank, CA 91501

Hillside District Neighborhood
3 Beds
2 Baths
8,501 Sq Ft
8,844 Sq Ft Lot

Last Sold April 17, 2020

Last sale price $3,050,000 $359 Per Sq Ft

37 Days on Market

Highlights

  • Laundry Room
  • Ralph Emerson Elementary School Rated A-
  • Garden

About This Home

As of April 2020

We are proud to represent this 8-unit apartment building.
The building was constructed in 1960. Its unit mix consists of (2) one-bedroom, one-bathroom units, (2) two-bedroom, one-bathroom units, and (4) two-bedroom, one-and-a-half bathroom units. With a lot size of 8,444 square feet, the property has a total of 8,501 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. Burbank is not subject to rent control.

Last Agent to Sell the Property

Cindy Hill

Equity Union License #00885625 Listed on: 01/14/2020

Equity Union

Last Buyer's Agent

Monica Hsu

Deasy Penner Podley License #01878067

Deasy Penner Podley

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 8,844 Sq Ft Lot
  • 1 Common Wall
  • Garden
  • Front Yard

Parking

  • 8 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 8,501 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 13 / 36
  • Tax Tract Number 3107
  • Assessor Parcel Number 2455036010

Community Details

Overview

  • 8 Units
  • Valley

Amenities

  • Laundry Facilities

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 8 Separate Water Meters
  • Fuel Expense $4,051
  • Insurance Expense $3,537
  • Water Sewer Expense $4,051
  • New Taxes Expense $34,653
  • Operating Expense $53,258
  • Gross Income $170,136
  • Net Operating Income $116,878

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

8

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 4051.00
  • Zoning: BUR4*
  • Property Type: Residential Income
  • Parcel Number: 2455036010
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 358.78

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban, Urban, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden
  • Lot Size Sq Ft: 8844.00
  • Lot Size Acres: 0.2030

Multi Family

  • Fuel Expense: 4051.00
  • Gross Income: 170136.00
  • Gross Scheduled Income: 170136.00
  • Insurance Expense: 3537.00
  • Lot Size Area: 8844.0000 Square Feet
  • Net Operating Income: 116878.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 8
  • Number Of Units Total: 8
  • Operating Expense: 53258.00
  • Rent Control: No
  • Total Expenses: 53258.00

Tax Info

  • New Taxes Expense: 34653.00
  • Tax Block: 36
  • Tax Census Tract: 3107.01
  • Tax Lot: 13
  • Tax Tract Number: 3107.0

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
04/17/2020 04/17/20 Sold $3,050,000 -1.5% $359 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
01/14/2020 01/14/20 For Sale $3,095,000 -- $364 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Cindy Hill

    Seller's Agent in 2020

    Cindy Hill

    Equity Union

    (818) 640-8360

    7 in this area

    75 Total Sales

    Section Image
  • Monica Hsu

    Buyer's Agent in 2020

    Monica Hsu

    Deasy Penner Podley

    (626) 926-1385

    108 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20011368

California Regional Multiple Listing Service (CRMLS)

California Los Angeles County Burbank 91501 Hillside District

440 E San Jose Ave, Burbank, CA

This home is located at 440 E San Jose Ave, Burbank, CA 91501 since 14 January 2020. This property was built in 1960. 440 E San Jose Ave is a home located in Los Angeles County with nearby schools including Ralph Emerson Elementary School, John Muir Middle School, and Burbank High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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