J
Seller's Agent in 2022
Judy Stevens
Equity Union
501 E Harvard Rd Burbank, CA 91501
Hillside District NeighborhoodEstimated Value: $1,717,000 - $2,188,000
5
Beds
5
Baths
3,360
Sq Ft
$576/Sq Ft
Est. Value
Highlights
- Laundry Room
- Ralph Emerson Elementary School Rated A-
- 2 Car Garage
About This Home
As of January 2022We are proud to present 501 E. Harvard Rd., Burbank. An amazing upside potential opportunity for investors. It is also perfect for an owner-occupied, buyer who wants to live in one of the units and collect rent on the other three. Since this property has 4-units, it qualifies for residential financing. This 4-unit multifamily property, built-in 1950, has a total building size of approximately 3,360 Sq. Ft. and sits on approximately 12741 Sq. Ft. lot. The building has unit mix, One unit is 2-Bedrooms, 1-1/2 Bathroom with bonus room (Approximately 1,150 Sq. ft.), Three units are 1-Bedroom, 1-Bathroom. This property is located in Burbank. Burbank is well known for being home to Walt Disney Studios and Warner Bros. Studios. The building location is easy to access to schools, restaurants, shopping, entertainment, freeway, and recreations. This property is an ideal candidate to take advantage of the large lot for the investor. This value-add opportunity has upside potential in rents. It is also individually metered for gas and electricity. Property is in nice condition.
Last Agent to Sell the Property
Judy Stevens
Equity Union License #00980668 Listed on: 08/21/2021
Co-Listed By
Steve Stevens
Equity Union License #00980669
Last Buyer's Agent
Anthony Kerimian
Tangible Realty License #02036035
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 0.29 Acre Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- Carport
- Parking Available
Home Design
- 3,360 Sq Ft Home
- Quadruplex
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Additional Features
- Laundry Room
- Exterior Lighting
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection
- Tax Lot 9
- Tax Tract Number 5880
- Assessor Parcel Number 2459039009
Community Details
Overview
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 23, 2016
Sold by
Hunemiller Gregg Lee and Schwenneker Family Trust
Bought by
Hsu Tzuoh Chu and Hsu Su Cheng
Current Estimated Value
Purchase Details
Closed on
Nov 7, 2008
Sold by
Schwenneker Lynn G and Schwenneker Family Trust
Bought by
Schwenneker Lynn G and Schwenneker Family Trust
Purchase Details
Closed on
Aug 29, 2008
Sold by
Schwenneker Lynn G and Schwenneker Family Trust
Bought by
Schwenneker Lynn G and Schwenneker Family Trust
Purchase Details
Closed on
Sep 27, 1996
Sold by
Schwenneker L and Schwenneker Leona
Bought by
Schwenneker Lynn G and Schwenneker Leona V
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hsu Tzuoh Chu | $1,180,000 | Ticor Title Co | |
| Schwenneker Lynn G | -- | None Available | |
| Schwenneker Lynn G | -- | None Available | |
| Schwenneker Lynn G | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/13/2022 01/13/22 | Sold | $1,760,000 | +0.1% | $524 / Sq Ft |
| 10/30/2021 10/30/21 | Pending | -- | -- | -- |
| 08/21/2021 08/21/21 | For Sale | $1,759,000 | -- | $524 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $21,346 | $1,867,725 | $1,124,880 | $742,845 |
| 2024 | $20,677 | $1,831,104 | $1,102,824 | $728,280 |
| 2023 | $20,458 | $1,795,200 | $1,081,200 | $714,000 |
| 2022 | $14,478 | $1,290,499 | $765,550 | $524,949 |
| 2021 | $14,416 | $1,265,196 | $750,540 | $514,656 |
| 2019 | $13,841 | $1,227,672 | $728,280 | $499,392 |
| 2018 | $13,598 | $1,203,600 | $714,000 | $489,600 |
| 2016 | $1,617 | $128,150 | $61,278 | $66,872 |
| 2015 | $1,589 | $126,226 | $60,358 | $65,868 |
| 2014 | $1,615 | $123,754 | $59,176 | $64,578 |
Source: Public Records
Agents Affiliated with this Home
-
-
S
Seller Co-Listing Agent in 2022
Steve Stevens
Equity Union
-
A
Buyer's Agent in 2022
Anthony Kerimian
Tangible Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD21185134
APN: 2459-039-009
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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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