$2,650,000
PENDING

Estimated payment $16,978/month

Total Views 4,052
3 Beds
2 Baths
6,992 Sq Ft
$379 Price per Sq Ft

Highlights

  • Golf Course Community
  • Hiking Trails
  • Laundry Room
  • Ralph Emerson Elementary School Rated A-
  • Park
  • Horse Trails

About This Home

We are offering this 8 Unit apartment building in the heart of Burbank? The property consists of four 2 bedroom units and four 1 bedrooms.. It is a highly desirable location in Burbank; above Glenoaks Blvd. and just a short walk to Burbank Town Center Mall and Downtown Burbank, which is home to tons of shopping, restaurants galore, three major movie theaters with a total of 30 screens, weekend farmer's markets, unique nightlife venues, and many street fairs and activities.

Listing Agent

Jennifer Rogerson

Jack Easton Brokerage Phone: 310-779-8275 License #01783059 Listed on: 04/04/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,008 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot

Parking

  • 2 Car Garage
  • 6 Carport Spaces

Home Design

  • Apartment
  • Entry on the 1st floor
  • Composition Roof
  • Stucco

Interior Spaces

  • 6,992 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 5282
  • Assessor Parcel Number 2459001005
  • $1,068 per year additional tax assessments

Community Details

Overview

  • 8 Units
  • Foothills

Amenities

  • Laundry Facilities

Recreation

  • Golf Course Community
  • Park
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Building Details

  • 7 Leased Units
  • Rent Control
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 8 Separate Water Meters
  • Electric Expense $803
  • Fuel Expense $1,682
  • Pest Control $1,053
  • Professional Management Expense $6,427
  • Trash Expense $3,687
  • Water Sewer Expense $3,390
  • Operating Expense $44,679
  • Gross Income $135,227
  • Net Operating Income $92,267

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 331250
  • Professional Management Expense: 6427.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 3390.00
  • Zoning: BUR4*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 2459001005
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: individual units
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 379.00

Exterior Features

  • Fence: No
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 6.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Pest Control Expense: 1053.00
  • Sewer: Public Sewer
  • Trash Expense: 3687.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Curbs, Foothills, Golf, Hiking, Horse Trails, Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 7008.00
  • Lot Size Acres: 0.1609

Multi Family

  • Electric Expense: 803.00
  • Fuel Expense: 1682.00
  • Gross Income: 135227.00
  • Gross Operating Income: 135227.00
  • Gross Scheduled Income: 160620.00
  • Lot Size Area: 7008.0000 Square Feet
  • Net Operating Income: 92267.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 8
  • Number Of Units Leased: 7
  • Number Of Units Total: 8
  • Operating Expense: 44679.00
  • Operating Expense Percent: 28.00
  • Rent Control: Yes
  • Total Actual Rent: 13388.00
  • Total Expenses: 44679.00

Tax Info

  • Tax Census Tract: 3102.01
  • Tax Lot: 5
  • Tax Tract Number: 5282
  • TaxOtherAnnualAssessmentAmount: 1068.00

Map

Range of Values:

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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
06/03/2025 06/03/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $2,650,000 0.0% $379 / Sq Ft
01/04/2025 01/04/25 Off Market $2,350 -- --
11/22/2024 11/22/24 Price Changed $2,350 0.0% $3 / Sq Ft
11/22/2024 11/22/24 For Rent $2,350 +20.5% --
08/14/2024 08/14/24 Price Changed $1,950 -11.2% $2 / Sq Ft
07/08/2024 07/08/24 For Rent $2,195 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25071590

California Regional Multiple Listing Service (CRMLS)