Dennis Chernov
Equity Union
(626) 657-2705
466 Total Sales
2 in Hillside District
$1.4M - $1.6M Price Range
606 E Cypress Ave Burbank, CA 91501
Hillside District Neighborhood
6
Beds
5
Baths
3,326
Sq Ft
7,609
Sq Ft Lot
Highlights
- No Units Above
- All Bedrooms Downstairs
- Wood Flooring
- Ralph Emerson Elementary School Rated A-
- Traditional Architecture
- Private Yard
About This Home
As of November 2023Ideally located close to Downtown Burbank in the highly sought-after neighborhood between Glenoaks Blvd and Kenneth Rd, this well maintained five-unit income property has been in the same family since it was built in 1950. Units such as these are a rare gem and present an outstanding opportunity for investors and discerning buyers. The property consists of one two-bedroom, one-bathroom unit plus four additional one-bedroom, one-bathroom units. Four of the units are attached and there is one unit that sits above the garages. The units feature wonderful hardwood flooring and charming 1950's tile in the bathrooms and kitchens. The plumbing has been upgraded to PEX pipes. Currently all the units are tenant occupied and each tenant has one enclosed garage space, accessed from the alley behind the building, (There are two, 2-car garages and one, 1-car garage). There is a separate laundry room with coin operated machines that will be included in the sale. Please note that all units are currently rented and the interior photos displayed were taken prior to the last tenant occupying the unit. Units will be sold in an as-is condition. Don't miss the chance to own this remarkable property with convenient accessibility to Burbank's highly rated schools, the Burbank studios, Burbank Town Center, parks, fine dining and entertainment centers.
Last Agent to Sell the Property
Coldwell Banker Realty License #01438002 Listed on: 09/26/2023
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 7,609 Sq Ft Lot
- No Units Above
- No Units Located Below
- Two or More Common Walls
- West Facing Home
- Partially Fenced Property
- Sprinklers on Timer
- Private Yard
- Lawn
Parking
- 5 Car Garage
- Parking Available
Home Design
- 3,326 Sq Ft Home
- Traditional Architecture
- Apartment
- Raised Foundation
- Frame Construction
- Composition Roof
- Stucco
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- All Bedrooms Down
- 5 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Cooling System Mounted To A Wall/Window
- Floor Furnace
- Wall Furnace
- Natural Gas Connected
Additional Features
- Gas Oven
- Urban Location
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection
- Legal Lot and Block 18 / 21
- Tax Tract Number 310
- Assessor Parcel Number 2455039011
Community Details
Overview
- 2 Buildings
- 5 Units
Amenities
- Laundry Facilities
Building Details
- 5 Leased Units
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- Gardener Expense $2,275
- Insurance Expense $2,934
- Maintenance Expense $6,681
- Other Expense $2,196
- Pest Control $528
- Supplies Expense $214
- Water Sewer Expense $1,315
- New Taxes Expense $1
- Operating Expense $16,143
- Gross Income $84,000
- Net Operating Income $67,857
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Hillside District, CA
-
Dennis Chernov
-
Jesse Hlubik
Jesse Hlubik
Berkshire Hathaway HomeServices California Properties
(747) 998-0867
32 Total Sales
1 in Hillside District
$1,375,000 Price
-
Elijah Shin
Elijah Shin
Dream Realty & Investments Inc
(424) 207-1609
139 Total Sales
1 in Hillside District
$680,000 Price
-
Josh Stein-Sapir
Josh Stein-Sapir
Keyes Real Estate
(562) 456-3475
139 Total Sales
1 in Hillside District
$1,500,000 Price
-
Cherryl Weaver
Cherryl Weaver
Re/Max Tri-City
(213) 516-9631
30 Total Sales
2 in Hillside District
$1.2M - $1.4M Price Range
-
Sheida Rezazadeh
Sheida Rezazadeh
Keller Williams R. E. Services
(747) 307-5722
19 Total Sales
1 in Hillside District
$1,697,000 Price
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 |
|---|---|---|---|
| $1,500,000 | Equity Title | ||
| Gerald And Mary Jo Brown 2007 Trust | -- | Equity Title | |
| Krupa David R | -- | None Available | |
| Brown Mary Jo | -- | None Available | |
| Brown Mary Jo | -- | None Available | |
| Krupa Katherine M | -- | -- |
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 |
|---|---|---|---|---|
| 11/20/2023 11/20/23 | Sold | $1,500,000 | -4.4% | $451 / Sq Ft |
| 09/25/2023 09/25/23 | For Sale | $1,569,000 | -- | $472 / Sq Ft |
Source: Pasadena-Foothills Association of REALTORS®
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 | $17,867 | $1,560,600 | $1,144,440 | $416,160 |
| 2025 | $17,867 | $1,530,000 | $1,122,000 | $408,000 |
| 2024 | $17,307 | $1,500,000 | $1,100,000 | $400,000 |
| 2023 | $2,114 | $114,696 | $44,742 | $69,954 |
| 2022 | $2,047 | $112,448 | $43,865 | $68,583 |
| 2021 | $2,019 | $110,244 | $43,005 | $67,239 |
| 2019 | $1,964 | $109,752 | $41,731 | $68,021 |
| 2018 | $1,847 | $107,655 | $40,913 | $66,742 |
| 2016 | $1,692 | $100,809 | $39,325 | $61,484 |
| 2015 | $1,669 | $99,296 | $38,735 | $60,561 |
| 2014 | $1,703 | $97,352 | $37,977 | $59,375 |
Source: Public Records
Agents Affiliated with this Home
-
Jenan Musulli
Seller's Agent in 2023
Jenan Musulli
Coldwell Banker Realty
(626) 318-7118
1 in this area
121 Total Sales
-
George Musulli
GM
Seller Co-Listing Agent in 2023
George Musulli
Coldwell Banker Realty
(626) 318-7119
1 in this area
127 Total Sales
-
Arsen Kobramasihi
AK
Buyer's Agent in 2023
Arsen Kobramasihi
Trust and Estate Realty
(818) 434-6429
6 in this area
27 Total Sales
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-15200
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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