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1103 S Lake Street, Burbank, CA 91502
8
beds
5
baths
3515
ft2
· 8927
ft2 lot
$1,600,000
$455 / ft2
Listing provided courtesy of Jose Ramirez, Brightstone Estate Properties.
Source CRMLS.
Opportunity is knocking to own this 4 unit income property, situated in a vibrant Burbank 91502 neighborhood. Prime location close to major shopping, studios and freeways. Outstanding police and fire department. unit 1103 A 3 bedrooms, 2 baths, unit 1103 B 1 bedroom, 1 bath, Unit 1101 A 2 bedrooms 1 bath unit 1101 B 2 bedrooms 1 bath. all units have been recently renovated, conveniently located near transportation , Burbank entertainment.
HOA
$0/month
On market
7 months
Year built
1925
Property type
Multi-Family
Parking
5
MLS
SR20205126
Price / Sq.Ft.
$455 / ft2
Status
Active
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Property Details
Interior Features & Layout
Appliances
•   
Laundry Details: Inside
•   
Laundry: 1
Heating & Cooling
•   
Cooling Details: Wall/Window Unit(s)
Interior Size
•   
Building Area Total: 3515.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Assigned
•   
Garage Spaces: 0.00
•   
Uncovered Spaces: 5.00
Building Info
•   
Building Area Units: Square Feet
•   
Num Stories: One
•   
Year Built Source: Assessor
Lot Info
•   
Lot Features: Corner Lot, Lot 6500-9999
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.2049
•   
Lot Size Area: 8927.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 4
Property Features
•   
Common Walls: No Common Walls
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 4
•   
Number Of Separate Gas Meters: 4
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 3600.00
•   
Other Expense Description: pest
•   
Other Expense: 1500.00
•   
Total Actual Rent: 9400.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 0.00
•   
New Taxes Expense: 0.00
•   
Insurance Expense: 0.00
•   
Total Expenses: 6300.00
•   
Gross Scheduled Income: 114000.00
•   
Maintenance Percent: 5.00
•   
Operating Expense: 6300.00
•   
Gardener Expense: 1200.00
Tax/Assessment Info
•   
Gross Income: 9400.00
•   
Tax Year: 2020
•   
Taxes: 8332.0
Lease Info
•   
Net Operating Income: 107700.00
Listing Info
•   
Status: Active
Other
•   
Electric Expense: 0.00
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 3
•   
Unit 3 Actual Rent: 2700.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 2.00
•   
Unit 3 Bathrooms: 2
•   
Unit 3 Total Rent: 2700.00
Unit 2 Information
•   
Unit 2 Actual Rent: 2400.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 2.00
•   
Unit 2 Total Rent: 2400.00
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 1
•   
Has Attached Garage
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 1.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 2700.00
•   
Unit 1 Total Rent: 2700.00
Unit 4 Information
•   
Unit 4 Actual Rent: 1600.00
•   
Unit 4 Total Units: 1
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 1600.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Garage Spaces: 1.00
•   
Unit 4 Bedrooms: 1
Multi Unit Information
•   
# Of Units: 4
•   
Number Of Units Leased: 3
School Neighborhood & Directions
Location
•   
Community Features: Street Lights
•   
Directions: Spazier ave and Lake Street
Other
Calculation
•   
Dom: 72
•   
Cdom: 72
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 08, 2021 12:59pm
Neighborhood snapshot
7
Properties for sale
14
Median days on market
$520.27
Median sold price/sqft
100.44%
Sold/List %
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Property History
12/24/2020
12/24/2020
CRMLS #SR20205126
active
CRMLS #SR20205126
$1,600,000
--5.88%
12/15/2020
12/15/2020
CRMLS #SR20205126
active
CRMLS #SR20205126
$1,700,000
--5.56%
10/13/2020
10/13/2020
CRMLS #SR20205126
active
CRMLS #SR20205126
$1,800,000
+405.62%
08/16/2001
08/16/2001
Public Record
sold
Public Record
$356,000
+32.34%
04/26/2000
04/26/2000
Public Record
sold
Public Record
$269,000
--14.60%
See more property history
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