2005 North Valley Street

Burbank, CA 91505

$1,395,000
Last Sold Price
5
Beds
4
Baths
2,599 Sq. Ft.
$537 / Sq. Ft.
2,599
Sq. Ft.
$537
per Sq. Ft.

Description

Want a lower interest rate? For a limited time SELLER will CREDIT BUYER up to $30,000 to be used for closing costs or interest rate buy down or any other lender allowable costs. Rare opportunity to acquire two properties on one lot! This is a Perfect opportunity for a family compound or rental income toward your mortgage. Welcome to your dream family home nestled in the vibrant Vega District in the heart of Burbank! This completely renovated property offers not just one, but two homes on a single...Want a lower interest rate? For a limited time SELLER will CREDIT BUYER up to $30,000 to be used for closing costs or interest rate buy down or any other lender allowable costs. Rare opportunity to acquire two properties on one lot! This is a Perfect opportunity for a family compound or rental income toward your mortgage. Welcome to your dream family home nestled in the vibrant Vega District in the heart of Burbank! This completely renovated property offers not just one, but two homes on a single lot, providing ample space for your loved ones to thrive. The main house, spanning roughly 1,780 square feet, boasts 3 bedrooms and 2 bathrooms, making it the perfect sanctuary for your family. As you step inside, you'll be greeted by the open-concept layout that seamlessly connects the living room, dining area, and kitchen, creating an inviting space for family gatherings and entertaining. Picture cozy evenings by the fireplace in the expansive living room and quality time together in the spacious family room. Beautiful floors throughout the house and ADU. The modern kitchen is a chef's delight, featuring quartz countertops and stainless steel appliances, ready to inspire culinary adventures. And with a huge master suite offering two walk-in closets everyone can enjoy their own peaceful retreat. But the magic doesn't stop there! This property also includes a new, approx... 819 sq. ft. separate ADU featuring two bedrooms with walk-in closets, two full bathrooms, a complete kitchen, a spacious living area, inside washer and dryer area, central air and heat. Inside washer and dryer area with 2 bedrooms and 2 bathrooms, providing a Potential Rental Income or an additional space for extended family or guests to stay comfortably. Situated in an amazing family friendly neighborhood with access to all the Burbank amenities such as Burbank police department, Burbank fire department, Burbank School district, and Burbank water and power, within close proximity to major studios, great schools, the Bob Hope Airport, Costco, Porto's Bakery, transportation, shopping, and more! Don't miss out on this rare opportunity to create lasting memories in a home that offers both comfort and space for your growing family. Schedule a viewing today and make this dream home yours!
  1. Listed by Gary Rapoport • DRE #01291875 • Brokerage DRE #01291875 • GBR Properties

Property Details for 2005 North Valley Street

Zoning
BUR1YY
Parcel Number
2435003017
Total Units
2.0
Living Area
2599
Source Living Area
Estimated
Area
Burbank (610)
Vacancy Rate
0
Lot Size Area
6061
LISTING UPDATED: 08/15/2024 02:20 PM

Property Details for 2005 North Valley Street

StatusSold
MLS #24-388503
Days on Market80
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1940
Lot Size0.14 AC / 6,061 SF
CountyLos Angeles County

Virtual Tour

Building Information for 2005 North Valley Street

Stories1Residences-Year Built1940Building Size-Lot Size0.14 AC / 6,061 SF

Property Information for 2005 North Valley Street

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: SFD and ADU
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $92,400
  • Net Operating Income: $.00
  • Gross Income: $94,500
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1391
  • Lot Size Square Feet: 6061
  • Lot Size Dimensions: 50x120
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Driveway, Carport Attached, On street
  • Total Parking: 2
  • Parking Features: Driveway, Attached Carport, Street
  • Attached Garage: Yes
Interior Features
Interior Features
  • Levels: One
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Dishwasher, Microwave, Refrigerator, Range/Oven, Washer, Dryer
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Accessory Bldgs
Lease Terms
Lease Terms
  • Entry Date: 05-06-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,375.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $154,521.00
  • Assessed Improvement Percent: 20.0
  • Assessed Land Value: $618,091.00
  • Assessed Land Percent: 80
  • Assessed Total Value: $772,612.00

Property History for 2005 North Valley Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2005 North Valley Street

Taxable ValueLand$630,452Additions$157,611Total$788,063
Tax Record2023$8,836 ($736 / month)
Home Facts
Beds3Total Finished SqFt1,780 SqFtAbove Grade Finished SqFt1,780 SqFtStories1Lot Size6,000 SqFtStyleSingle Family ResidenceYear Built1940ZoningBUR1YYCountyLOS ANGELESAPN2435-003-017

Schools near 2005 North Valley Street

This home is within Burbank Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Bret Harte Elementary School
PublicK to 5

Luther Burbank Middle School
Public6 to 8

John Burroughs High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of GBR Properties, Gary Rapoport, DRE #01291875

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.