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1819 Landis Street, Burbank, CA 91504$1,225,000

4
beds
3
baths
2000
ft2
· 6445
ft2 lot
$613 / ft2

Listing provided courtesy of Barry Burnett, Barry Burnett Realty
Source CRMLS;
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Two charming Cottage Homes handsomely remodeled in 2018 on a good sized Burbank lot PLUS a studio quarters in the garage. Street to alley, easy tenant access. Splendid neighborhood and close to most everything: Empire Center, Downtown Burbank, shopping, parks, schools, bike paths, public transportation. Burbank is key to jobs! 150,000+ jobs in just Burbank! Buy to live close to work or as solid investment. Burbank City services: Burbank Police, Fire, Public Works, Water and Power (far cheaper and more efficient than surrounding cities and utilities!) Just a better place to live and invest! No covid tenancy issues; all paid on time! These wonderful houses are each 2 br-1 bath, and the interiors are laid out very comfortably. See photos and be impressed! Studio can be vacated to bring to ADU code and rents can be increased significantly.

HOA

$—/month

On market

1 month

Year built

1940

Property type

Multi-Family

Parking

1

MLS

BB21206682

Price / Sq.Ft.

$613 / ft2

Status

Active Under Contract

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Home details for 1819 Landis Street

Interior Features & Layout
Appliances
•   
Laundry Details: Gas Dryer Hookup
•   
Laundry: 1
Interior Features
•   
Electric Details: 220 Volts
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
•   
Average Studio Area: 250
•   
Average2 Bed Area: 825
Heating & Cooling
•   
Has Heating
•   
Heating Details: Central
•   
Cooling Details: Central Air
Interior Size
•   
Building Area Total: 2000.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Garage Spaces: 1.00
Building Info
•   
Building Area Units: Square Feet
•   
Zoning: BUR3*
•   
Roof: Shingle
•   
Foundation Details: Raised
•   
Stories Total: 1
•   
Num Stories: One
•   
Year Built Source: Assessor
•   
Construction Materials: Stucco
Lot Info
•   
Lot Features: Front Yard, Level with Street, Lot 6500-9999, Flag Lot, Rectangular Lot, Level, Near Public Transit
•   
Lot Size Source: See Remarks
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.1480
•   
Lot Size Area: 6445.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 3
•   
Total Units: 3
Property Features
•   
Common Walls: No Common Walls
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 2
•   
Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
•   
Number Of Separate Gas Meters: 2
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 71364.00
•   
Water Sewer Expense: 0.00
•   
Gross Spendable Income: 51764.00
•   
Cap Rate: 4.00
•   
Total Actual Rent: 71364.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 0.00
•   
New Taxes Expense: 15200.00
•   
Insurance Expense: 2000.00
•   
Total Expenses: 19600.00
•   
Gross Scheduled Income: 71364.00
•   
Operating Expense: 19600.00
•   
Gardener Expense: 2400.00
•   
Gross Multiplier: 18.15
Tax/Assessment Info
•   
Gross Income: 71364.00
•   
Tax Year: 2020
•   
Taxes: 9737.11
Terms
•   
Exclusions: Any appliances owned by tenants
•   
Inclusions: Landlord owned appliances and laundry washer and dryer, if any
Lease Info
•   
Net Operating Income: 51764.00
Listing Info
•   
Status: Active Under Contract
Other
•   
Electric Expense: 0.00
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 2472.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 0.00
•   
Unit 2 Total Rent: 2472.00
Unit 3 Information
•   
Unit 3 Actual Rent: 750.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 0.00
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 750.00
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 0.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 2725.00
•   
Unit 1 Total Rent: 2725.00
Multi Unit Information
•   
# Of Units: 3
•   
Number Of Units Leased: 3
•   
Price Per Unit: 408333
School Neighborhood & Directions
Location
•   
Community Features: Biking, Curbs, Foothills, Park, Sidewalks, Suburban
School Info
•   
Directions: East of Buena Vista, South of Glenoanks off Peyton
Other
Calculation
•   
Dom: 22
•   
Cdom: 22

Neighborhood snapshot

Flyhomes
California
Los Angeles County
Los Angeles
Burbank
26
Properties for sale
9.5
Median days on market
$619.46
Median sold price/sqft
105.60%
Sold/List %
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Property History for 1819 Landis Street

10/04/2021
10/04/2021
CRMLS #BB21206682
active
CRMLS #BB21206682
$1,225,000
--5.41%
09/19/2021
09/19/2021
CRMLS #BB21206682
active
CRMLS #BB21206682
$1,295,000
+56.02%
11/22/2017
11/22/2017
Public Record
sold
Public Record
$830,000
+325.64%
03/26/2002
03/26/2002
Public Record
sold
Public Record
$195,000

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