Seller's Agent in 2022
Cindy Hill
Equity Union
(818) 640-8360
3 in this area
75 Total Sales
632 N Whitnall Hwy Burbank, CA 91505
Magnolia Park Neighborhood
9
Beds
10
Baths
8,752
Sq Ft
6,523
Sq Ft Lot
Highlights
- Laundry Room
- Rectangular Lot
- 3-minute walk to Verdugo Park & Recreation Center
- Dolores Huerta Middle School Rated A-
About This Home
As of June 2022We are proud to represent this 9 unit apartment building in an excellent rental pocket in Burbank.
The building was constructed in 1900. Its unit mix consists of (3) one-bedroom, one-bathroom units, (2) two-bedroom, one-bathroom units, (2) two-bedroom, two-bathroom units, (1) three-bedroom, two-and-a-half bathroom unit, and (1) three-bedroom, three-bathroom unit. With a lot size of 6,523 square feet, the property has a total of 8,752 rentable square feet.
The property is located in Burbank, which is a highly desirable rental market and is known as the media
capital of the world. It is home to Disney Studios, Warner Brothers, and NBC. The city has over 80
restaurants, 30 movie screens,and 200 stores; its residents enjoy top ranked schools, easy access to the 5
and 134 freeways, and close proximity to the Burbank Metro Link.
An astute investor will enjoy the turn key asset, excellent unit mix, award winning schools, and
improving area as rents increase over time.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1990
Lot Details
- 6,523 Sq Ft Lot
- 1 Common Wall
- Rectangular Lot
Parking
- 9 Car Garage
Home Design
- 8,752 Sq Ft Home
- Apartment
Bedrooms and Bathrooms
- 9 Bedrooms
- 10 Bathrooms
Laundry
- Laundry Room
Location
- Urban Location
- Suburban Location
Listing and Financial Details
- Tax Lot 127
- Tax Tract Number 9666
- Assessor Parcel Number 2480018024
- $1,088 per year additional tax assessments
Community Details
Overview
- 9 Units
- Valley
Amenities
- Laundry Facilities
Building Details
- 9 Separate Electric Meters
- 9 Separate Gas Meters
- 9 Separate Water Meters
- Electric Expense $4,382
- Insurance Expense $5,370
- Operating Expense $66,586
- Gross Income $270,900
- Net Operating Income $204,911
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2022 08/01/22 | For Rent | -- | -- | -- |
| 06/16/2022 06/16/22 | Sold | $4,900,000 | 0.0% | $560 / Sq Ft |
| 06/07/2022 06/07/22 | For Rent | -- | -- | -- |
| 05/20/2022 05/20/22 | For Rent | -- | -- | -- |
| 02/04/2022 02/04/22 | Pending | -- | -- | -- |
| 01/27/2022 01/27/22 | For Sale | $4,995,000 | +42.7% | $571 / Sq Ft |
| 10/08/2019 10/08/19 | Sold | $3,500,000 | -5.4% | $408 / Sq Ft |
| 08/22/2019 08/22/19 | Pending | -- | -- | -- |
| 08/05/2019 08/05/19 | For Sale | $3,700,000 | -- | $432 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
D
Seller's Agent in 2019
Don Ivone
California R.E.Services
-
D
Seller Co-Listing Agent in 2019
Deb Ivone
California R.E.Services
(818) 378-7759
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR22016693
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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
Nearby Homes
- 544 N California St
- 824 N Lima St
- 631 N Kenwood St
- 3007 W Clark Ave
- 421 N Catalina St
- 331 N Avon St
- 710 N Pass Ave
- 918 N Screenland Dr
- 3815 W Heffron Dr
- 355 N Maple St Unit 243
- 355 N Maple St Unit 122
- 355 N Maple St Unit 223
- 800 N Rose St
- 4306 W Verdugo Ave
- 3311 W Alameda Ave
- 934 N Fairview St
- 3513 W Alameda Ave
- 433 N Buena Vista St
- 1108 N Lima St
- 924 N Niagara St
- 626 N Whitnall Hwy
- 636 N Whitnall Hwy
- 624 N Whitnall Hwy
- 640 N Whitnall Hwy Unit D
- 640 N Whitnall Hwy
- 641 N Avon St
- 643 N Avon St
- 635 N Avon St
- 644 N Whitnall Hwy
- 620 N Whitnall Hwy
- 647 N Avon St
- 631 N Avon St
- 648 N Whitnall Hwy
- 616 N Whitnall Hwy
- 651 N Avon St
- 629 N Avon St
- 655 N Avon St
- 625 N Avon St
- 652 N Whitnall Hwy Unit B
- 652 N Whitnall Hwy