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SOLD 9/29/2022

3916 W Oak Street, Burbank, CA 91505$2,575,000

10
beds
6
baths
6012
ft2
· 8998
ft2 lot
$408 / ft2

Listing provided courtesy of Listing Broker: David Issaians, Keller Williams R. E. Services
Source CRMLS;
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• 6 Units • Incredible purchase opportunity • Superb Burbank location • Adjacent to major studios • Short distance to Toluca Lake • First time on market in over 55 years!! • Seller Purchased from original developer • Impeccably maintained property • TRUE PRIDE OF OWNERSHIP PROPERTY • Tremendous Unit Mix Four 2 bedrooms Two 1 Bedrooms (2+1’s, and 1+1’s) • Large Unit sizes, avg over 1,000 sq ft • Units all have dedicated parking • Recently painted building, walkways, and stairways • Driveway recently redone • Fully leased with strong income

HOA

$0/month

On market

a day

Year built

1953

Property type

Condo

Parking

6

MLS

GD22175799

Price / Sq.Ft.

$408 / ft2

Status

Closed

Buyer’s Brokerage Commission

1.7500000000000002%

Home details for 3916 W Oak Street

Interior Features & Layout
Appliances
•   
Laundry Details: Common Area, Outside
•   
Appliances: Disposal, Gas Oven, Gas Cooktop
•   
Has Appliances
•   
Laundry: 1
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
•   
Room Information: Kitchen, Main Floor Bedroom, See Remarks
Heating & Cooling
•   
Has Heating
•   
Heating Details: Forced Air
•   
Cooling Details: Wall/Window Unit(s)
Flooring
•   
Flooring: Carpet
Interior Size
•   
Building Area Total: 6012.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Garage Spaces: 6.00
Building Info
•   
Building Area Units: Square Feet
•   
Zoning: BUR3*
•   
Roof: Composition
•   
Year Built Source: Assessor
•   
Construction Materials: Stucco
Lot Info
•   
Lot Features: Lot 6500-9999
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.2066
•   
Lot Size Area: 8998.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 6
Property Features
•   
Property Condition: Updated/Remodeled
•   
Common Walls: 1 Common Wall
Property Type
•   
Common Interest: Community Apartment
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 6
•   
Number Of Separate Gas Meters: 6
•   
Number Of Separate Water Meters: 6
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Sewer Paid
Listing Details, Costs & Financing Information
Tax/Assessment Info
•   
Gross Income: 155940.00
Lease Info
•   
Net Operating Income: 119030.00
Financial Info
•   
Trash Expense: 0.00
•   
Insurance Expense: 3912.00
•   
Professional Management Expense: 0.00
•   
Total Expenses: 36910.00
•   
Gross Scheduled Income: 155940.00
•   
Operating Expense: 36910.00
•   
Rent Control Yn: 1
Listing Info
•   
Status: Closed
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 2
•   
Unit 3 Actual Rent: 2200.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 1.00
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 2200.00
Unit 2 Information
•   
Unit 2 Actual Rent: 2360.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 1.00
•   
Unit 2 Total Rent: 2360.00
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 1.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 2375.00
•   
Unit 1 Total Rent: 2375.00
Unit 4 Information
•   
Unit 4 Actual Rent: 1860.00
•   
Unit 4 Total Units: 1
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 1860.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Garage Spaces: 1.00
•   
Unit 4 Bedrooms: 2
Unit 5 Information
•   
Unit 5 Actual Rent: 2000.00
•   
Unit 5 Total Units: 1
•   
Unit 5 Furnished Units: Unfurnished
•   
Unit 5 Total Rent: 2000.00
•   
Unit 5 Garage Spaces: 1.00
•   
Unit 5 Bathrooms: 1
•   
Unit 5 Bedrooms: 1
Multi Unit Information
•   
# Of Units: 6
•   
Price Per Unit: 408333
Unit 6 Information
•   
Unit 6 Actual Rent: 2200.00
•   
Unit 6 Total Units: 1
•   
Unit 6 Total Rent: 2200.00
•   
Unit 6 Furnished Units: Unfurnished
•   
Unit 6 Bedrooms: 1
•   
Unit 6 Garage Spaces: 1.00
•   
Unit 6 Bathrooms: 1
School Neighborhood & Directions
Location
•   
Community Features: Urban, Valley
School Info
•   
Directions: Cross Street North Pass
Other
Calculation
•   
Dom: 2
•   
Cdom: 2

Neighborhood snapshot

23
Properties for sale
9.5
Median days on market
$672.40
Median sold price/sqft
105.40%
Sold/List %
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walk score® :

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bike score® :

Property History for 3916 W Oak Street

09/29/2022
09/29/2022
CRMLS #GD22175799
sold
CRMLS #GD22175799
$2,575,000
+5.10%
08/09/2022
08/09/2022
CRMLS #GD22175799
active
CRMLS #GD22175799
$2,450,000

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