NOT LISTED FOR SALE
10 Beds
8 Baths
7,441 Sq Ft
7,538 Sq Ft Lot

Last Sold September 28, 2016

Last sale price $2,450,000 $329 Per Sq Ft

58 Days on Market

About This Home

As of September 2016

One of Burbank's Best Locations! No rent control. Owner occupies unit: H. Unit H consists of Hardwood Floors, beamed ceilings, and separate laundry.

Last Agent to Sell the Property

Chuck Lundie

AOA Commercial Brkrge License #00760901 Listed on: 05/24/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 7,538 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 8 Car Garage

Home Design

  • 7,441 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 3658
  • Assessor Parcel Number 5621022006

Community Details

Overview

  • 8 Units

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $2,500
  • Trash Expense $1,250
  • Water Sewer Expense $1,500
  • New Taxes Expense $31,188
  • Gross Income $8,595
  • Net Operating Income $56,780

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

8

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1500.00
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5621022006
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 329.26

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 8.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1250.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7538.00
  • Price Per Lot Square Foot: 330.99

Multi Family

  • Gross Income: 8595.00
  • Gross Multiplier: 24.19
  • Gross Scheduled Income: 103140.00
  • Insurance Expense: 2500.00
  • Laundry Equipment Own Lease: Own
  • Net Operating Income: 56780.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 38625.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 31188.00
  • Tax Lot: 7
  • Tax Tract Number: 3658
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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 List to Sale Price per Sq Ft
09/28/2016 09/28/16 Sold $2,450,000 -3.9% $329 / Sq Ft
07/21/2016 07/21/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $2,550,000 -- $343 / 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 $31,824 $2,846,795 $995,837 $1,850,958
2024 $31,824 $2,790,976 $976,311 $1,814,665
2023 $31,456 $2,733,016 $948,188 $1,784,828
2022 $30,052 $2,679,429 $929,597 $1,749,832
2021 $29,922 $2,626,892 $911,370 $1,715,522
2019 $28,728 $2,552,730 $884,340 $1,668,390
2018 $28,458 $2,502,750 $867,000 $1,635,750
2016 $3,265 $233,984 $40,152 $193,832
2015 $3,213 $230,470 $39,549 $190,921
2014 $3,261 $225,957 $38,775 $187,182
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16128094

California Regional Multiple Listing Service (CRMLS)
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