Cherryl Weaver
Re/Max Tri-City
(213) 516-9631
30 Total Sales
2 in Hillside District
$1.2M - $1.4M Price Range
603 S 6th St Burbank, CA 91501
Hillside District NeighborhoodEstimated Value: $1,517,252
3
Beds
2
Baths
2,026
Sq Ft
$749/Sq Ft
Est. Value
Highlights
- Open Floorplan
- Traditional Architecture
- Main Floor Bedroom
- Joaquin Miller Elementary School Rated A-
- Wood Flooring
- Corner Lot
About This Home
As of July 2021603 S 6th Street is a remarkably rare Burbank property located North of Glenoaks in the hills, less than a mile to the heart of Downtown Burbank! There isn’t a single duplex on the market in the Burbank Hills right now, so you’ll want to act fast! 603 S 6th St is made up a gorgeously renovated 2 bedroom, 1 bathroom single family residence, a brand new attached non-conforming studio apartment, and a detached garage converted into a sleek office space/studio. We project these units will pull approximately $5,150 in monthly rent, making for a sky-high pro forma cap rate ot 4.52%. In addition to the existing structures, the property will be delivered with preliminary plans for 1) a 2-story ADU made up of two 2 bed, 2 bath units that would replace the existing garage and 2) a 1,000 SF addition to the main home. We project 2 new construction ADU’s would add approximately $6,000 a month in income to the property and up to $1,000,000 in value! Situated on a 7,181 square foot BUR4* zoned corner lot, this property provides buyers unlimited growth potential.
Whether you are looking to purchase this property as a charming family compound, an investment property, or a development opportunity, the options are truly endless. You can’t go wrong! 603 S 6th St defines “pride-of-ownership”, featuring spacious and open floorplans, 2 brand new kitchens with trendy backsplashes, quartz countertops, and cheerful white cabinetry, a huge pantry in the main house, lovely Mediterranean-style bathrooms, quality wood flooring, washer/dryer hookups for both the house and studio, an enormous closet containing built-in cabinetry in the studio apartment, high quality sound proofing between the SFR and studio, and a converted, heated/cooled garage with laminate flooring. From the premium location to the high-quality finishes on this property, 603 S 6th truly fires on all cylinders!
For those of you looking to fully lease this property, a rental of this quality (top-notch!) in such a phenomenal area of Burbank will without question attract premium tenants at premium rents!
Last Agent to Sell the Property
Myunits.com Inc. License #01921425 Listed on: 05/28/2021
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948 | Remodeled
Lot Details
- 7,181 Sq Ft Lot
- 1 Common Wall
- Landscaped
- Corner Lot
- Level Lot
- Sprinkler System
- Private Yard
- Lawn
- Front Yard
- Value in Land
Home Design
- Traditional Architecture
- Property Attached
Interior Spaces
- 2,026 Sq Ft Home
- Open Floorplan
- Ceiling Fan
- Recessed Lighting
- Living Room
- Storage
- Neighborhood Views
Kitchen
- Microwave
- Dishwasher
- Trash Compactor
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- 2 Bathrooms
Laundry
- Laundry in Kitchen
- Washer and Gas Dryer Hookup
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
Additional Features
- Exterior Lighting
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 3658
- Assessor Parcel Number 5621022013
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Amenities
- Laundry Facilities
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $810
- Maintenance Expense $1,200
- New Taxes Expense $10,944
- Operating Expense $14,154
- Gross Income $5,150
- Net Operating Income $45,174
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 28, 2021
Closed on
Jun 8, 2021
Sold by
Odom Porter Diane Kay and Odom Brett Cooper
Bought by
Seller's Agent
Elizabeth Maddox
Myunits.com Inc.
Buyer's Agent
Elizabeth Maddox
Myunits.com Inc.
List Price
$999,000
Sold Price
$1,200,000
Premium/Discount to List
$201,000
20.12%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,252
Avg. Annual Appreciation
4.60%
Original Mortgage
$710,000
Outstanding Balance
$628,645
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$888,607
Purchase Details
Closed on
Dec 1, 2020
Sold by
Olson Collins Jana
Bought by
Porter Diane Kay Odom and Cooper Bonnie Brett
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 21, 2015
Sold by
Collins William B
Bought by
Collins Jana Olson and Collins Jana F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,500
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Nov 17, 2015
Sold by
Collins Jana Olson and Collins Jana F
Bought by
Collins Jana Olson
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,500
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Aug 22, 2014
Sold by
Charles William Orville and Charles Yolanda Rebecca
Bought by
Collins Jana F
Purchase Details
Closed on
Aug 7, 2014
Sold by
Charles William Orville and Charles Yolanda R
Bought by
Charles William Orville and Charles Yolanda Rebecca
Purchase Details
Closed on
Aug 5, 2014
Sold by
Collins William B
Bought by
Collins Jana F
Purchase Details
Closed on
Nov 30, 2012
Sold by
Charles William Orville and Charles Yolanda R
Bought by
Charles William Orville and Charles Yolanda R
Purchase Details
Closed on
Feb 21, 2007
Sold by
Ciaccarello Catherine E and Ciaccarello Charles William
Bought by
Charles William Orville and Charles Yolanda R
Purchase Details
Closed on
Dec 26, 2006
Sold by
Charles William Orville and The Philip Ciaccarello Living
Bought by
Charles William Orville
Purchase Details
Closed on
Jun 28, 2005
Sold by
Ciaccarello Philip R
Bought by
The Philip Ciaccarello Living Trust
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hillside District, CA
-
Cherryl Weaver
-
Sheida Rezazadeh
Sheida Rezazadeh
Keller Williams R. E. Services
(747) 307-5722
20 Total Sales
1 in Hillside District
$1,697,000 Price
-
Matthew Isbell
Matthew Isbell
Compass
(424) 380-7615
48 Total Sales
1 in Hillside District
$1,350,000 Price
-
Roddy de la Garza
Roddy de la Garza
Epique Realty
(323) 615-1579
115 Total Sales
1 in Hillside District
$1,674,000 Price
-
Julian Munoz
Julian Munoz
EMPOWER Real Estate
(747) 271-5125
14 Total Sales
1 in Hillside District
$600,000 Price
-
Brent Ballard
Brent Ballard
Anderson Ballard Companies
(747) 307-4526
166 Total Sales
5 in Hillside District
$1.1M - $2.3M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Orange Coast Title Company | ||
| Collins Jana Olson | -- | Orange Coast Title Company | |
| Collins Jana F | $655,000 | Orange Coast Title Company | |
| Charles William Orville | -- | Orange Coast Title Company | |
| Collins Jana F | -- | Orange Coast Title Company | |
| Charles William Orville | -- | None Available | |
| Charles William Orville | -- | None Available | |
| Charles William Orville | -- | None Available | |
| The Philip Ciaccarello Living Trust | -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $458,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/07/2021 07/07/21 | Sold | $1,200,000 | +20.1% | $592 / Sq Ft |
| 06/07/2021 06/07/21 | Pending | -- | -- | -- |
| 05/28/2021 05/28/21 | For Sale | $999,000 | -- | $493 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $14,398 | $1,298,916 | $1,039,134 | $259,782 |
| 2025 | $14,398 | $1,273,448 | $1,018,759 | $254,689 |
| 2024 | $13,970 | $1,248,480 | $998,784 | $249,696 |
| 2023 | $13,821 | $1,224,000 | $979,200 | $244,800 |
| 2022 | $13,193 | $1,200,000 | $960,000 | $240,000 |
| 2021 | $8,374 | $741,135 | $581,807 | $159,328 |
| 2020 | $8,282 | $733,537 | $575,842 | $157,695 |
| 2019 | $8,036 | $719,154 | $564,551 | $154,603 |
| 2018 | $7,920 | $705,054 | $553,482 | $151,572 |
| 2016 | $7,521 | $677,678 | $531,991 | $145,687 |
| 2015 | $7,233 | $655,000 | $524,000 | $131,000 |
| 2014 | $6,838 | $608,000 | $532,000 | $76,000 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Maddox
Seller's Agent in 2021
Elizabeth Maddox
Myunits.com Inc.
(818) 850-8485
2 in this area
87 Total Sales
-
Ian Maddox
IM
Seller Co-Listing Agent in 2021
Ian Maddox
Myunits.com Inc.
(818) 859-7242
1 in this area
51 Total Sales
-
Lori Iacobellis
LI
Seller's Agent in 2014
Lori Iacobellis
Core Real Estate
(818) 450-2050
1 in this area
11 Total Sales
-
MI
Seller Co-Listing Agent in 2014
Mario Iacobellis
Twin Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB21112649
APN: 5621-022-013
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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