NOT LISTED FOR SALE
14 Beds
7 Baths
6,556 Sq Ft
8,603 Sq Ft Lot

Last Sold July 12, 2013

Last sale price $1,450,000 $221 Per Sq Ft

70 Days on Market

Highlights

  • Dual Staircase
  • Contemporary Architecture
  • Security Guard
  • Joaquin Miller Elementary School Rated A-
  • No HOA
  • 5-minute walk to Joaquin Miller Park

About This Home

As of July 2013

LOCATED AT 627 E CEDAR AVENUE UNIT E, A BEAUTIFUL UPPER REAR TWO BEDROOM/ONE AND ONE HALF BATHROOM IS LOCATED IN BURBANK, WALKING DISTANCE FROM BURBANK TOWN CENTER PLUS TARGET/WALMART/COSTCO, CLOSE PROXIMITY TO THE 5 & 134 AND 170 FREEWAYS, 5 MINUTES TO GLENDALE, 15 MINUTES TO DOWNTOWN LOS ANGELES.

HOME OFFERS:
• BRAND NEW KITCHEN WITH OPEN LAYOUT TO LIVING AREA
• UNIT INCLUDES BRAND NEW WASHER/DRYER + PLENTY OF STORAGE
• CUSTOM EUROPEAN FLOORING THROUGHOUT
• BEAUTIFUL EUROPEAN TILE BACKSPLASH
• STAINLESS STEEL APPLIANCES (DISHWASHER, REFRIGERATOR, MICROWAVE, & GAS STOVE)
• QUARTZ CESAR-STONE COUNTER-TOPS WITH SPACIOUS BREAKFAST BAR
• CUSTOM CABINETRY IN BEDROOMS WITH FLOOR TO CEILING MIRRORED SLIDING CLOSETS


COMMUNITY OFFERS:
• 2 ASSIGNED PARKING SPACES
• QUIET "FOOTHILL" NEIGHBORHOOD
• STEPS TO ALL THAT BURBANK HAS TO OFFER
• PET FRIENDLY

Last Agent to Sell the Property

Lorna Lee

T.N.G. Real Estate Consultants License #01928703 Listed on: 05/03/2013

Last Buyer's Agent

Robert Narchi

Marcus & Millichap License #01324570

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 8,603 Sq Ft Lot
  • No Common Walls
  • Southeast Facing Home
  • Wrought Iron Fence
  • Density is up to 1 Unit/Acre

Parking

  • 8 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 6,556 Sq Ft Home
  • 2-Story Property
  • Dual Staircase

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Additional Features

  • More Than Two Accessible Exits
  • Rain Gutters
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 17
  • Tax Tract Number 5595
  • Assessor Parcel Number 5621021016

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • 7 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $480
  • Gardener Expense $960
  • Insurance Expense $3,102
  • Maintenance Expense $2,400
  • Pest Control $1,000
  • Trash Expense $748
  • Water Sewer Expense $1,680
  • Gross Income $8,585
  • Net Operating Income $7,566

Security

  • Security Guard

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

8

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Guarded
  • Water Sewer Expenses: 1680.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 5621021016
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 2 Staircases
  • Stories: 2
  • Common Walls: No Common Walls
  • Accessibility Features: 2+ Access Exits
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 221.17

Exterior Features

  • Direction Faces: Southeast
  • Fencing: Wrought Iron
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 10.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Pest Control Expense: 1000.00
  • Sewer: Sewer Paid
  • Trash Expense: 748.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8603.00
  • Lot Size Acres: 0.1970

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 480.00
  • Gross Income: 8585.00
  • Gross Scheduled Income: 8585.00
  • Insurance Expense: 3102.00
  • Laundry Equipment Own Lease: Lease
  • Lot Size Area: 8603.0000 Square Feet
  • Maintenance Expense: 2400.00
  • Net Operating Income: 7566.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 7
  • Number Of Units Total: 7
  • Number With Dishwasher: 7
  • Number With Disposal: 7
  • Number With Patio: 2
  • Number With Range: 7
  • Operating Expense: 1019.00
  • Rent Control: No
  • Total Actual Rent: 8585.00

Tax Info

  • Tax Lot: 17
  • Tax Tract Number: 5595
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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
10/08/2024 10/08/24 Off Market $2,395 -- --
09/20/2023 09/20/23 For Rent $2,395 0.0% --
07/12/2013 07/12/13 Sold $1,450,000 -36.4% $221 / Sq Ft
07/12/2013 07/12/13 Pending -- -- --
05/03/2013 05/03/13 For Sale $2,280,000 -- $348 / 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 $19,753 $1,733,359 $1,066,495 $666,864
2024 $19,753 $1,699,373 $1,045,584 $653,789
2023 $19,550 $1,666,053 $1,025,083 $640,970
2022 $18,690 $1,633,386 $1,004,984 $628,402
2021 $18,595 $1,601,360 $985,279 $616,081
2019 $17,865 $1,555,964 $956,056 $599,908
2018 $27,046 $2,378,700 $1,632,000 $746,700
2016 $16,706 $1,464,244 $900,914 $563,330
2015 $16,376 $1,442,251 $887,382 $554,869
2014 $16,362 $1,450,000 $870,000 $580,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13081460

California Regional Multiple Listing Service (CRMLS)