NOT LISTED FOR SALE

632 E Magnolia Blvd Burbank, CA 91501

Hillside District Neighborhood
5 Beds
5 Baths
3,650 Sq Ft
7,604 Sq Ft Lot

Last Sold August 31, 2018

Last sale price $1,700,000 $466 Per Sq Ft

75 Days on Market

Highlights

  • Property is near public transit
  • Private Yard
  • Rectangular Lot
  • Ralph Emerson Elementary School Rated A-
  • Laundry Room

About This Home

As of August 2018

This home is located at 632 E Magnolia Blvd, Burbank, CA 91501 since 14 June 2018. This property was built in 1924. 632 E Magnolia Blvd is a home located in Los Angeles County with nearby schools including Ralph Emerson Elementary School, John Muir Middle School, and Burbank High School.

Last Agent to Sell the Property

Cindy Hill

Equity Union License #00885625 Listed on: 06/14/2018

Equity Union

Last Buyer's Agent

Cindy Hill

Equity Union License #00885625 Listed on: 06/14/2018

Equity Union

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,240

Year Built

  • Built in 1924

Lot Details

  • 7,604 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot
  • Private Yard
  • Lawn
  • Front Yard
  • Density is 26-30 Units/Acre

Parking

  • 2 Car Garage
  • On-Street Parking
  • Assigned Parking

Home Design

  • Property Attached

Interior Spaces

  • 3,650 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Location

  • Property is near public transit
  • Suburban Location

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 3102
  • Assessor Parcel Number 2455031004

Community Details

Overview

  • 2 Buildings
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Operating Expense $29,961
  • Gross Income $102,252
  • Net Operating Income $72,291

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,240

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • CapRate: 4.25
  • Property Attached: Yes
  • Zoning: BUR4*
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 2455031004
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 465.75

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Assigned, Street
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 26-30 Units/Acre, Front Yard, Lawn, Rectangular Lot, Near Public Transit, Yard
  • Lot Size Sq Ft: 7604.00

Multi Family

  • Gross Income: 102252.00
  • Gross Multiplier: 16.63
  • Gross Scheduled Income: 102252.00
  • Insurance Expense: 1800.00
  • Net Operating Income: 72291.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 29961.00
  • Rent Control: No
  • Total Actual Rent: 8371.00
  • Total Expenses: 29961.00

Tax Info

  • Tax Census Tract: 3102.01
  • Tax Lot: 4
  • Tax Tract Number: 3102.0
  • Tax Annual Amount: 19240.00

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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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 List to Sale Price per Sq Ft Prior Sale
08/31/2018 08/31/18 Sold $1,700,000 -2.9% $466 / Sq Ft
08/28/2018 08/28/18 Pending -- -- --
06/14/2018 06/14/18 For Sale $1,750,000 +18.6% $479 / Sq Ft
09/29/2016 09/29/16 Sold $1,475,000 0.0% $404 / Sq Ft View Prior Sale
07/22/2016 07/22/16 For Sale $1,475,000 0.0% $404 / Sq Ft
05/23/2016 05/23/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $1,475,000 -- $404 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Cindy Hill

    Seller's Agent in 2018

    Cindy Hill

    Equity Union

    (818) 640-8360

    8 in this area

    77 Total Sales

    Cindy Hill
    Section Image

  • D

    Seller's Agent in 2016

    Doyle Barnes

    Dilbeck Real Estate

  • L

    Seller Co-Listing Agent in 2016

    Laureen Endoso

    Real Brokerage Technologies

    (818) 450-2012

    3 in this area

    4 Total Sales

    Laureen Endoso
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18210486

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

632 E Magnolia Blvd, Burbank, CA

Not Listed for Sale

MultiFamily

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