$1,499,000

Estimated payment $8,501/month

6 Beds
3 Baths
2,333 Sq Ft
$643 Price per Sq Ft

About This Home

918 North Screenland Drive in Burbank is a unique opportunity to acquire two houses on a large lot with ADU potential. It is well-located right around the corner from the popular Porto’s Bakery, and it boasts an 87 Walk Score. This means tenants can accomplish most errands by foot. This is the first time the asset has been offered for sale in over five decades. This generational asset is offered with attractive Seller Financing: 20% downpayment, 5.75% interest only for 10 years.The front unit is a 2bdr 1bath house totaling 792 sf. It has its own front yard, back patio, and detached one-car garage. The back unit is a 4bdr 2bath house totaling 1,541 sf. It has its own patio and an attached one-car garage. There is a boundary wall with gated entrance separating the two units for privacy. There is space to fit two additional cars in the driveway.The City has already approved plans for two additional 1Bdr 1Bath ADU Units (374 sf and 383 sf) that may be built atop the detached garage. Please see plans included in this Offering Memorandum. The property may present additional value through ADU conversion of the back house’s attached garage. Buyer to verify.The asset sits on a 6,604 sf lot zoned R-3. Each house is individually metered for gas, electricity, and water. Tenants pay for all utilities including trash, water, sewer, gas, and electricity. Units have washer/dryer hookups and wall-mounted heating/cooling units. Although there have not been major recent capital improvements to the roof, electrical, or plumbing, the site is well maintained and well-positioned with stable, in-place cash flow and additional upside potential via ADU development.918 N Screenland is ideal for a Buyer seeking strong in-place rental income, value-add potential via approved ADU Plans, and long-term value in a well-located Burbank submarket with seller-financing.

Last Listed By

Andy Chan

Keller Williams Realty Brokerage Phone: 6263217410 License #02054786 Listed on: 06/09/2025

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,412

Year Built

  • Built in 1946

Lot Details

  • 6,604 Sq Ft Lot
  • Density is 2-5 Units/Acre
  • Property is zoned BUR3*

Parking

  • 2 Car Garage

Interior Spaces

  • 2,333 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Tax Lot 95
  • Tax Tract Number 7977
  • Assessor Parcel Number 2480012011
  • $339 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,412

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • CapRate: 4.54
  • Price Per Unit: 749500
  • Property Attached: No
  • Zoning: BUR3*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 2480012011
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: front
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 642.52

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6604.00
  • Lot Size Acres: 0.1516

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 91200.00
  • Gross Multiplier: 16.44
  • Gross Scheduled Income: 91200.00
  • Lot Size Area: 6604.0000 Square Feet
  • Net Operating Income: 68100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 20364.00
  • Rent Control: No
  • Total Actual Rent: 7600.00
  • Total Expenses: 20364.00

Tax Info

  • Tax Census Tract: 3114.00
  • Tax Lot: 95
  • Tax Tract Number: 7977
  • TaxOtherAnnualAssessmentAmount: 339.00

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $1,412 $97,762 $30,015 $67,747
2023 $1,400 $95,846 $29,427 $66,419
2022 $1,345 $93,967 $28,850 $65,117
2021 $1,324 $92,126 $28,285 $63,841
2020 $1,309 $91,182 $27,995 $63,187
2019 $1,279 $89,396 $27,447 $61,949
2018 $1,163 $87,644 $26,909 $60,735
2016 $1,079 $84,243 $25,865 $58,378
2015 $1,060 $82,979 $25,477 $57,502
2014 $1,072 $81,354 $24,978 $56,376
Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF25129462

California Regional Multiple Listing Service (CRMLS)

APN: 2480-012-011