NOT LISTED FOR SALE

612 N 6th St Burbank, CA 91501

Hillside District Neighborhood
15 Beds
13 Baths
9,053 Sq Ft
6,769 Sq Ft Lot

Last Sold August 30, 2016

Last sale price $3,025,000 $334 Per Sq Ft

12 Days on Market

Highlights

  • Gated Parking
  • Ralph Emerson Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of August 2016

612 N 6th Street is an eight unit multifamily property, constructed in 1988 on a 6,769 square foot R4 lot, with a total building size of 9,053 square feet. The property is a beautifully maintained, neatly landscaped, three-story property with controlled access, is separately metered for gas and electric, and offers copper plumbing, a freshly coated roof, two storage rooms, an enclosed trash area, fire sprinklers in the common area, a fire alarm system, and 15 covered parking spaces in two separate remote-controlled gated parking areas. The property is being offered for sale for the first time since its construction almost three decades ago, and boasts an excellent unit mix of three one-bedroom/one-bathroom units, three two-bedroom/two-bathroom units, and two three-bedroom/two-bathroom units. The spacious units offer individual water heaters, laminate and tile flooring, a gas stove, dishwasher, in-unit washer & dryer, central air and heat, and balconies in the two front-facing 3B units.

Last Agent to Sell the Property

Priscilla Nee

CB Richard Ellis, Inc. License #01435254 Listed on: 07/06/2016

Last Buyer's Agent

Robert Narchi

Marcus & Millichap License #01324570

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 6,769

Interior Spaces

  • 9,053 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • 15 Parking Spaces
  • Gated Parking

Additional Features

  • 6,769 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 2459-001-062

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 9053
  • Stories: 3
  • Year Built: 1988
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Equipment: Dishwasher, Dryer, Range/Oven, Washer
  • Price Per S Q F T: 320.34

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Gated
  • Total Parking: 15

Utilities

  • Cooling: Central
  • Electric Expense: 540.00
  • Heating: Central
  • Water Expense: 3500.00

Fee Information

  • Insurance Expense: 2828.00
  • Maintenance Expense: 5200.00
  • Management Expense: 7100.00
  • Other Expense: 1600.00
  • Trash Expense: 1000.00

Lot Info

  • Assessor Parcel Number: 2459-001-062
  • Geocode Override: No
  • Lot Size Area: 6769

Rental Info

  • Monthly Gross Income: 12200.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
  • Gross Rent Multiplier: 19.81
  • Gross Scheduled Income: 146400.00
  • Number Of Units: 8
  • Total Annual Expense: 54933
  • Type Of Units: Apartment
  • Vacancy Rate: 3%

Tax Info

  • Tax Expense: 32254.00

Range of Values:

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Average Value
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List Price
Sold Price
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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
08/30/2016 08/30/16 Sold $3,025,000 +4.3% $334 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $2,900,000 -- $320 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Priscilla Nee

    Seller's Agent in 2016

    Priscilla Nee

    CB Richard Ellis, Inc.

    (310) 550-2500

    33 Total Sales

    Section Image
  • Robert Narchi

    Buyer's Agent in 2016

    Robert Narchi

    Marcus & Millichap

    (310) 909-5500

    7 Total Sales

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Map

Source: The MLS

MLS Number: 16-141012

The MLS

California Los Angeles County Burbank 91501 Hillside District

612 N 6th St, Burbank, CA

This home is located at 612 N 6th St, Burbank, CA 91501 since 06 July 2016. This property was built in 1988. 612 N 6th St is a home located in Los Angeles County with nearby schools including Ralph Emerson Elementary School, John Muir Middle School, and Burbank High School.

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