$1,650,000
SOLD NOV 4, 2025
3 Beds
3 Baths
2,838 Sq Ft
6,178 Sq Ft Lot

Recently Sold

$581 Per Sq Ft

17% Below List Price

441 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Property is near a park
  • No HOA
  • Walt Disney Elementary School Rated A
  • Traditional Architecture
  • 4-minute walk to George Izay Park

About This Home

As of November 2025

Never Been Offered for Sale! This is a 4-plex on a 6,178 sq/ft lot, located in prime, desirable area of Burbank. These 4 units are within walking distance to George Izay Park, Walt Disney Elementary School, shopping amenities, entertainment studios like Nickelodeon, Warner Bros. and Disney. Not to mention access to the 5 and 134 freeways and even closer to LA Equestrian Center Rents are significantly below market value, which creates an opportunity to have significant improvements in rental income. These 4 units on one lot consist of Two, 2 bedrooms and Two 1 bedrooms with a total of 6 bedrooms and 6 bathrooms per county records. Each unit has its own gas and electric and A/C units. Situated in a Prime rental district, the location ensures strong rental demand with the proximity to even, Starbucks. Lots of potential for owner / user wanting tenants to help with the mortgage, or investors look for great upside potential. Approved Plans to ADD 2+2 ADU in the back parking area. Call for more details. IMPORTANT that you do not disturb the residents an anyway, Please!

Last Agent to Sell the Property

Richard Murray

Rick Murray Real Estate Services Brokerage Phone: 661-713-7800 License #01131508 Listed on: 08/14/2024

Last Buyer's Agent

Nick Hacopian

Glen West Realty License #01093883

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949 | Remodeled

Lot Details

  • 6,178 Sq Ft Lot
  • 1 Common Wall
  • Northwest Facing Home
  • Wrought Iron Fence
  • Fence is in good condition
  • Level Lot

Parking

  • 1 Car Garage
  • 4 Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Quadruplex
  • Entry on the 1st floor
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 2,838 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Location

  • Property is near a park
  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 30
  • Tax Tract Number 7036
  • Assessor Parcel Number 2446026014
  • $391 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gross Income $3,000
  • Net Operating Income $72,540

Property Details

Home Type

Multi-Family

Year Built

Built in 1949 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: BUR4*
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 2446026014
  • Year Built: 1949
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 581.40
  • Room Type: All Bedrooms Down

Exterior Features

  • Direction Faces: Northwest
  • Fence: Yes
  • Fencing: Good Condition, Wrought Iron
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 4.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Covered
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Electric: Standard
  • Heating Type: Natural Gas
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Level, Near Public Transit, Park Nearby
  • Lot Size: 6178
  • Lot Size Sq Ft: 6178.00
  • Lot Size Acres: 0.1418

Rental Info

  • Garage Rental Rate: 250.00
  • Tenant Pays: All Utilities

Multi Family

  • Garage Income: 3000.00
  • Gross Income: 3000.00
  • Gross Scheduled Income: 86400.00
  • Lease Term: Month To Month
  • Lot Size Area: 6178.0000 Square Feet
  • Net Operating Income: 72540.00
  • Number Of Rented Garages: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 5460.00
  • Rent Control: No
  • Total Actual Rent: 6900.00

Tax Info

  • Tax Census Tract: 3108.00
  • Tax Lot: 30
  • Tax Tract Number: 7036
  • TaxOtherAnnualAssessmentAmount: 391.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Oct 1, 2025
Sold by
Vasquez Family Living Trust and Vasquez Valentino
Bought by
Der Hacopian Family Trust and Der Hacopian
Seller's Agent
Richard Murray
Rick Murray Real Estate Services
Buyer's Agent
Nick Hacopian
Glen West Realty
List Price
$1,999,000
Sold Price
$1,650,000
Premium/Discount to List
-$349,000
-17.46%
Views
72

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.83%
Original Mortgage
$1,100,000
Outstanding Balance
$1,098,958
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$560,375

Purchase Details

Closed on
May 22, 2018
Sold by
Vasquez Rafael P and Vasquez Elisa U
Bought by
Vasquez Rafael P and Vasquez Elisa

Purchase Details

Closed on
Jun 25, 2004
Sold by
Vasquez Rafael P and Vasquez Elisa U
Bought by
Vasquez Rafael P and Vasquez Elisa U
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,650,000 Consumers Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,100,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2025 11/04/25 Sold $1,650,000 -2.7% $581 / Sq Ft
05/23/2025 05/23/25 Price Changed $1,695,000 -0.2% $597 / Sq Ft
03/05/2025 03/05/25 Price Changed $1,699,000 -13.1% $599 / Sq Ft
02/03/2025 02/03/25 Price Changed $1,954,000 -2.3% $689 / Sq Ft
08/14/2024 08/14/24 For Sale $1,999,000 -- $704 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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
2025 $3,047 $246,592 $36,738 $209,854
2024 $3,047 $241,758 $36,018 $205,740
2023 $3,018 $237,018 $35,312 $201,706
2022 $2,940 $232,371 $34,620 $197,751
2021 $2,862 $227,816 $33,942 $193,874
2020 $2,830 $225,741 $33,594 $192,147
2019 $2,755 $221,321 $32,936 $188,385
2018 $2,648 $216,988 $32,291 $184,697
2016 $2,488 $208,314 $31,038 $177,276
2015 $2,441 $205,186 $30,572 $174,614
2014 $2,462 $201,168 $29,974 $171,194
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24166746

California Regional Multiple Listing Service (CRMLS)

APN: 2446-026-014