Seller's Agent in 2022
Cindy Hill
Equity Union
(818) 640-8360
3 in this area
77 Total Sales
632 N Whitnall Hwy Burbank, CA 91505
Magnolia Park Neighborhood
12
Beds
12
Baths
8,572
Sq Ft
6,523
Sq Ft Lot
Highlights
- Property is near a park
- Laundry Room
- 3-minute walk to Verdugo Park & Recreation Center
- Dolores Huerta Middle School Rated A-
- Central Heating and Cooling System
About This Home
As of June 2022NON RENT CONTROL Burbank Opportunity - close to studios. 2 Story, 9 Unit Security Building built in 1990 with subterranean side by side parking for 17 cars. Great mix (1) 3 + 3, (1) 2 + 2.5 TH, (2) 2 + 2 and (5) 1+1. Central Air and Heat. Large units, some upgrades. Park and walking tract across the street, close to transportation, Restaurants, shopping. Rents well below market, perfect upside potential. Market rents average 4.94 Cap. Mostly long term tenants. Offer subject to inspection. Drive by only. Call for details.
Last Agent to Sell the Property
Don Ivone
California R.E.Services License #00949237 Listed on: 08/05/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1990
Lot Details
- 6,523 Sq Ft Lot
- Two or More Common Walls
- Sprinkler System
- Density is up to 1 Unit/Acre
Parking
- 17 Car Garage
Home Design
- 8,572 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 12 Bedrooms
- 12 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Exterior Lighting
Location
- Property is near a park
- Property is near public transit
Utilities
- Central Heating and Cooling System
- Sewer Paid
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Tax Lot 127
- Tax Tract Number 9666
- Assessor Parcel Number 2480018024
Community Details
Building Details
- 10 Separate Electric Meters
- 10 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,231
- Gardener Expense $1,080
- Insurance Expense $4,000
- Trash Expense $1,852
- Water Sewer Expense $2,014
- New Taxes Expense $46,250
- Operating Expense $57,527
- Gross Income $193,440
- Net Operating Income $135,913
Additional Features
- 9 Units
- Laundry Facilities
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
-
Cindy Hill
-
D
Seller's Agent in 2019
Don Ivone
California R.E.Services
-
Deb Ivone
D
Seller Co-Listing Agent in 2019
Deb Ivone
California R.E.Services
(818) 378-7759
22 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB19186751
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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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