NOT LISTED FOR SALE

627 E Cedar Ave Burbank, CA 91501

Hillside District Neighborhood
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

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Lorna Lee

    T.N.G. Real Estate Consultants

    Section Image
  • Robert Narchi

    Buyer's Agent in 2013

    Robert Narchi

    Marcus & Millichap

    (310) 909-5500

    5 Total Sales

    Robert Narchi
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13081460

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Burbank 91501 Hillside District

627 E Cedar Ave, Burbank, CA

Not Listed for Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) 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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