824 N Lima St Burbank, CA 91505
Magnolia Park NeighborhoodEstimated payment $10,604/month
Highlights
- Guest House
- Solar Power System
- Vaulted Ceiling
- Dolores Huerta Middle School Rated A-
- Living Room with Fireplace
- Traditional Architecture
About This Home
Welcome to 824 & 826 N Lima Street a rare and beautifully upgraded dual-residence property in the heart of Burbank's coveted Magnolia Park! This gorgeous home includes a charming main house with 3 bedrooms, 2 bathrooms with 1,584 sq ft of thoughtfully designed living space, as well as a brand new ADU featuring 2 bedrooms, 2 bathrooms, dramatic vaulted ceilings, and 980 sq ft of bright, modern living. The main house boasts an open-concept layout, perfect for entertaining, with a master bedroom retreat complete with soaring vaulted ceilings and ample natural light. The newly constructed ADU is equally impressive, offering a spacious and airy ambiance thanks to its high ceilings and contemporary finishesideal for guests, extended family, or potential rental income. Located on one of the most desirable streets in Magnolia Park, you're just a short stroll away from local coffee shops, banks, EV charging stations, and some of Burbank's best restaurants. Enjoy a strong sense of community with access to top-rated Burbank schools, tree-lined streets, and a nearby walkable community park.Burbank is known for its small-town charm with big-city convenienceshome to major studios like Warner Bros. and Disney, a vibrant downtown, and an unbeatable blend of suburban comfort and urban access.This is a perfect opportunity to own a move-in-ready home with added versatility and investment potential in one of LA's most sought-after neighborhoods!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,610
Year Built
- Built in 1940
Lot Details
- 6,749 Sq Ft Lot
- Lot Dimensions are 50x135
- Property is zoned BUR1YY
Home Design
- Traditional Architecture
Interior Spaces
- 2,564 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Living Room with Fireplace
- Dining Area
- Laundry Room
- Property Views
Kitchen
- Oven or Range
- Water Line To Refrigerator
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Parking
- 2 Parking Spaces
- Driveway
Additional Features
- Solar Power System
- Guest House
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Electric Vehicle Charging Station
Listing and Financial Details
- Assessor Parcel Number 2480-006-012
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,610 | $1,350,000 | $1,150,000 | $200,000 |
| 2024 | $9,610 | $849,908 | $679,933 | $169,975 |
| 2023 | $9,509 | $833,244 | $666,601 | $166,643 |
| 2022 | $9,079 | $816,907 | $653,531 | $163,376 |
| 2021 | $9,044 | $800,890 | $640,717 | $160,173 |
| 2019 | $8,680 | $777,137 | $621,714 | $155,423 |
| 2018 | $8,540 | $761,900 | $609,524 | $152,376 |
| 2016 | $8,112 | $732,316 | $585,856 | $146,460 |
| 2015 | $7,608 | $690,000 | $552,000 | $138,000 |
| 2014 | $6,801 | $605,000 | $484,000 | $121,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/10/2025 09/10/25 | Pending | -- | -- | -- |
| 08/08/2025 08/08/25 | Price Changed | $1,849,000 | -2.6% | $721 / Sq Ft |
| 07/17/2025 07/17/25 | For Sale | $1,899,000 | -- | $741 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,100,000 | Wfg Title Company | |
| Grant Deed | $660,000 | First American Title Ins Co | |
| Trustee Deed | $659,598 | Accommodation | |
| Grant Deed | $775,000 | Old Republic Title | |
| Grant Deed | -- | -- | |
| Grant Deed | $478,000 | Old Republic Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | -- | First American Title Guarant |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,080,000 | Construction | |
| Previous Owner | $528,000 | Purchase Money Mortgage | |
| Previous Owner | $620,000 | Balloon | |
| Previous Owner | $155,000 | Stand Alone Second | |
| Previous Owner | $95,600 | Credit Line Revolving | |
| Previous Owner | $76,567 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Closed | $382,400 | No Value Available |
Source: The MLS
MLS Number: 25566831
APN: 2480-006-012
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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