NOT LISTED FOR SALE

856 N Screenland Dr Burbank, CA 91505

Magnolia Park Neighborhood

Estimated Value: $1,197,000 - $1,370,840

4 Beds
3 Baths
2,281 Sq Ft
$565/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $1,150,000 $504 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,994/month

12 Days on Market

Highlights

  • Traditional Architecture
  • Bonus Room
  • Air Conditioning
  • Dolores Huerta Middle School Rated A-

About This Home

As of October 2021

Rare opportunity to own a Garden-style 3 Unit Income Property in highly-sought Magnolia Park Burbank! Front Unit is a charming traditional home with 2BR + bonus rec room. Rear unit is a classic 2-story duplex (each unit 1BR). This 3-unit income producer has great curb appeal on a street with many remodeled single family homes. Great dining and parks nearby too. Property offers a friendly shared courtyard with mature succulents, grassy lawns, and private gates. Stable longterm tenants that are high-quality paying and on time month-to-month. Upgrades include new floors and vanity in 2 of the units + new exterior door in front unit + newer hot water heaters + washer/dryer hookups. Newer masonry wall construction on south side. 2 Garages (4 total covered spots). Property currently generates $38,160 annual gross, but has upside potential to value add Priced according to annual gross, and pro-forma is $68,400 gross annual.Prime Burbank location, adjacent to all the studios (Disney, Warner Bros, etc), many places of business, and all the cool cafes and shops on Verdugo. Great opportunity and great price! Tenant occupied & Inside with Accepted Offer Only. Please inquire with listing office prior to submission.

Last Agent to Sell the Property

Rachel Hsieh

Keller Williams Realty Los Feliz License #01913428 Listed on: 08/12/2021

Keller Williams Realty Los Feliz

Last Buyer's Agent

Vardkes Bazikian

License #01173623

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 6,637

Parking

  • 4 Car Garage

Home Design

  • Triplex
  • Traditional Architecture
  • Raised Foundation
  • Stucco

Interior Spaces

  • 2,281 Sq Ft Home
  • 2-Story Property
  • Bonus Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Additional Features

  • 6,637 Sq Ft Lot
  • Air Conditioning

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 2480-012-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

6,637 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 2281
  • Lot Acreage: 0.1524
  • Stories: 2
  • Year Built: 1958
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Mixed
  • Bedrooms: 4
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Equipment: Gas Dryer Hookup
  • Price Per S Q F T: 476.98

Exterior Features

  • Construction: Stucco
  • Other Structures: Accessory Bldgs
  • Foundation Details: Raised
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 4+ Car, Garage - 2 Car
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning
  • Heating: Combination

Lot Info

  • Assessed Improvement Percent: 49.06
  • Assessed Improvement Value: 220194
  • Assessed Land Percent: 50.94
  • Assessed Land Value: 228651
  • Total Assessed Value: 448845
  • Assessor Parcel Number: 2480-012-001
  • Lot Size Area: 6637

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 28.50
  • Number Of Units: 3
  • Type Of Units: Triplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2022
Sold by
Alexander Khanyan
Bought by
Alexander Khanyan Living Trust
Current Estimated Value
$1,289,460

Purchase Details

Closed on
Nov 1, 2003
Sold by
Fong Willy C and Fong Agnes W
Bought by
Fong Willy C and Fong Agnes W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alexander Khanyan Living Trust -- None Listed On Document
Khanyan Alexander -- None Listed On Document
Fong Willy C -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2021 10/12/21 Sold $1,150,000 +5.7% $504 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $1,088,000 -- $477 / Sq Ft
Source: The MLS

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 $14,538 $1,273,448 $764,069 $509,379
2024 $14,056 $1,248,480 $749,088 $499,392
2023 $13,907 $1,224,000 $734,400 $489,600
2022 $13,278 $1,200,000 $720,000 $480,000
2021 $5,301 $453,494 $231,019 $222,475
2020 $5,243 $449,225 $228,651 $220,574
2019 $5,092 $440,425 $224,168 $216,257
2018 $4,970 $431,798 $219,773 $212,025
2016 $4,705 $414,668 $211,240 $203,428
2015 $4,612 $408,440 $208,067 $200,373
2014 $4,616 $400,440 $203,992 $196,448
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Rachel Hsieh

    Keller Williams Realty Los Feliz

    Section Image

  • V

    Buyer's Agent in 2021

    Vardkes Bazikian

See All Agents

Map

Source: The MLS

MLS Number: 21-771908

The MLS

APN: 2480-012-001

California Los Angeles County Burbank 91505 Magnolia Park

856 N Screenland Dr, Burbank, CA

Not Listed for Sale

MultiFamily

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 MLS © 2026 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.