4114 Warner Blvd

Burbank, CA 91505

$3,400,000
Last Sold Price
12
Beds
8
Baths
6,752 Sq. Ft.
$504 / Sq. Ft.
6,752
Sq. Ft.
$504
per Sq. Ft.
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Sold 6/16/23
Sold 6/16/23
a front view of a house with garden
a view of a back yard
a view of a car garage
a house view with a garden space
a view of road with card parked on side and retail shops
an aerial view of a city
a view of a house with iron stairs
a kitchen with a stove a sink and a refrigerator
a living room with furniture a flat screen tv and a table
a living room with furniture and a flat screen tv
a bed sitting in a bedroom next to a window
a livingroom with workspace and a window
a bathroom with a shower
a white toilet sitting next to a bathroom sink
a view of a chairs and tables in the backyard

Description

Lee & Associates Investment Services Group is pleased to present 4114-4116 Warner Boulevard, an eight unit apartment property located in the landlord and business friendly, family oriented City of Burbank. The property is conveniently located near major entertainment and retail destinations such as Universal City, Burbank Town Center, The Empire Center, Griffith Park and the Hollywood Sign. Notable employers in the area include Warner Bros. Studios, The Walt Disney Company, ABC-7, Walt Disney Animation...Lee & Associates Investment Services Group is pleased to present 4114-4116 Warner Boulevard, an eight unit apartment property located in the landlord and business friendly, family oriented City of Burbank. The property is conveniently located near major entertainment and retail destinations such as Universal City, Burbank Town Center, The Empire Center, Griffith Park and the Hollywood Sign. Notable employers in the area include Warner Bros. Studios, The Walt Disney Company, ABC-7, Walt Disney Animation Studios and Providence St. Joseph Medical Center. Burbank is a suburb of Los Angeles that sits on the eastern end of the San Fernando Valley, just 13 miles north of Downtown Los Angeles. It is perhaps best known as home to numerous motion picture, television, and animation studios. A plethora of adjunct businesses, like post-production facilities, craft services operations, et al. also reside within its borders. The Warner Apartments is an 8 unit, two story apartment building situated on a large 10,088sf lot, and is comprised of (4) two bedroom and one bath and (4) one bedroom and one bath apartments. All but one of the units have been remodeled. These spacious, open floor plan units include refinished hardwood flooring, stainless steel appliances including ranges, refrigerators, dishwashers, stacked washer/dryers (2 BR's only). Please note the current owner have been achieving 98% rent collections throughout the COVID-19 pandemic. The Warner Apartments features 8 detached carport parking spaces and all units are individually metered for electricity and gas with individual gas hotwater heaters. The Subject is situated in South Burbank, just steps from Warner Bros. Studios and just minutes to Disney, Burbank and Universal Studios. The affluent Los Angeles suburb known as Toluca Lake is a couple blocks to the west. The Warner Apartment's excellent location & proximity to major freeways, such as the Ventura (134), Golden State (5) and San Diego Freeways provide ready access to Downtown LA, Hollywood, Venice & Santa Monica beaches, University of Southern California, numerous city colleges, the Burbank Airport, employment, schools, healthcare, cultural centers, restaurants, shopping and recreation.
  1. Listed by Mark Konopaske • DRE #00960857 • Brokerage DRE #00960857 • Mark Konopaske

Property Details for 4114 Warner Boulevard

Water Front
None
Zoning
BUR4*
Cross Streets
South of the 134 Fwy & Riverside Dr. & West of N P
Parcel Number
2485020013
Total Units
8.0
Living Area
6752
Source Living Area
Vendor Enhanced
Area
Burbank (610)
LISTING UPDATED: 06/16/2023 01:50 PM

Property Details for 4114 Warner Boulevard

StatusSold
MLS #23-267537
Days on Market28
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1947
Lot Size0.23 AC / 10,088 SF
CountyLos Angeles County
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Location

Listing Courtesy of Mark Konopaske, Mark Konopaske, DRE #00960857

Sold By Silverpoint Properties, Maggie Teng, DRE #01976185

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Building Information for 4114 Warner Boulevard

Stories2Residences-Year Built1947Building Size-Lot Size0.23 AC / 10,088 SF

Payment Calculator

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$19,871 per month

30 year fixed, 6.11% Interest

Principal and Interest

$16,501

Property Taxes

$3,370

HOA Dues

$0

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Property Information for 4114 Warner Boulevard

Community / Development
Community / Development
  • Tax Mello Roos: Unknown
  • Number Of Units: 8
  • Amenities: None
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartments
  • View: No
  • View Description: None
  • View: None
  • Security Features: None
  • Direction Faces: North
  • Property Condition: Updated/Remodeled
  • Water: District, Meter on Property
  • Sewer: In Street Paid
  • Water Heaters: Yes
  • ADA Compliance: No
  • Additions Alterations: No
  • Personal Property Amount: $.00
  • Water Heater Features: Gas, Water Heater Unit
  • Water District: Burbank
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To New Loan, Cash
  • Disclosures: None
  • Listing Type: Exclusive Right With Exception
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $221,760
  • Net Operating Income: $162,662.00
  • Gross Income: $221,760
  • Gross Scheduled Income: $221,760
  • Cap Rate: 4.70%
  • Gross Rent Multiplier: $15.50
  • Actual Annual Gross Rent: $221,760.00
  • Financial Info as Of: 05/05/2023
  • Vacancy Allow Percent: .00%
  • Owner Pays: Gardener, Water
  • Total Annual Expense: 59099
Land / Lot Info
Land / Lot Info
  • Paved: Yes
  • Lot Acreage: 0.2316
  • Lot Size Square Feet: 10088
  • Lot Size Dimensions: 54 x 187
  • Source Lot Size Dimensions: Assessor
  • Lot Location: None
Parking Details
Parking Details
  • Parking Garage: Carport Detached
  • Total Parking: 8
  • Covered Parking: 8
  • Carport Spaces Total: 8
  • Parking Features: Detached Carport
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Wall/Window
  • Cooling Type: Wall Unit(s), Ceiling Fan
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Hardwood
  • Equipment: Gas Dryer Hookup
  • Room Bathroom Features: Tile Counters, Shower in Tub, Remodeled
  • Bathroom Features: Tile, Shower and Tub, Remodeled
  • Cooking Appliances: Gas, Free Standing Gas, Gas/Electric Range
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • Roof: Composition, Shingle
  • New Construction: No
  • Construction Materials: Frame, Stucco
  • Exterior Construction: Frame, Stucco
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 05-05-2023
  • Listing Terms: Cash To New Loan, Cash
  • Tenant Pays: Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,488.00
  • Unit Actual Rent: $9,952.00
  • Unit Projected Rent: $2,750.00
  • Like Units: 4
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,133.00
  • Unit Actual Rent: $8,532.00
  • Unit Projected Rent: $2,350.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107
  • Number of Electric Meters: 8
  • Number of Gas Meters: 8
  • Number Leased: 8
  • Number Patio: 1
  • Number Range: 8
  • Number Refrigerator: 8
  • Number Wall AC: 8
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $1,051,178.00
  • Assessed Improvement Percent: 35.71
  • Assessed Land Value: $1,892,120.00
  • Assessed Land Percent: 64.29
  • Assessed Total Value: $2,943,298.00
  • Private Transfer Taxes: No

Property History for 4114 Warner Boulevard

DateEvent & SourcePriceAppreciation
Jun 16, 2023

Sold

CRMLS #23267537

$3,400,000—
Jun 16, 2023

Sold

CLAW #23-267537

$3,400,000—
Jun 16, 2023

Sold

SDMLS #23-267537

$3,400,000—
Jun 2, 2023

Pending

CLAW #23-267537

—
Jun 2, 2023

Pending

SDMLS #23-267537

—
May 18, 2023

Sold (Public Record)

Public Record #1513028569

$3,400,000

+4.1% / yr

May 5, 2023

Listed (Active)

CRMLS #23267537

$3,445,000—
May 5, 2023

Listed (Active)

SDMLS #23-267537

$3,445,000—
May 5, 2023

Listed (Active)

CLAW #23-267537

$3,445,000—
Aug 3, 2018

Sold (Public Record)

Public Record #629052303

$2,800,000—
DateEvent & SourcePrice
06/16/2023

Sold

CRMLS #23267537

$3,400,000
06/16/2023

Sold

CLAW #23-267537

$3,400,000
06/16/2023

Sold

SDMLS #23-267537

$3,400,000
06/02/2023

Pending

CLAW #23-267537

—
06/02/2023

Pending

SDMLS #23-267537

—
05/18/2023

Sold (Public Record)

Public Record #1513028569

$3,400,000

+4.1% / yr

05/05/2023

Listed (Active)

CRMLS #23267537

$3,445,000
05/05/2023

Listed (Active)

SDMLS #23-267537

$3,445,000
05/05/2023

Listed (Active)

CLAW #23-267537

$3,445,000
08/03/2018

Sold (Public Record)

Public Record #629052303

$2,800,000

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

Public Records for 4114 Warner Boulevard

Taxable ValueLand$1,789,488Additions$1,750,472Total$3,539,960
Tax Record2025$40,446 ($3,370 / month)
Home Facts
Total Finished SqFt6,752 SqFtAbove Grade Finished SqFt6,752 SqFtLot Size10,088 SqFtStyleMulti-Family Res (5+ Units)Year Built1947ZoningBUR4*CountyLOS ANGELESAPN2485-020-013

Schools near 4114 Warner Boulevard

This home is within Burbank Unified School District.
Rating
School
Type
Grades
Distance
R. L. Stevenson Elementary School
Public - K to 5
Dolores Huerta Middle
Public - 6 to 8
John Burroughs High School
Public - 9 to 12
Burbank Unified Independent Learning Academy (BUILA)
Public - 9 to 12
Rating
School
Distance
R. L. Stevenson Elementary School
PublicK to 5

Dolores Huerta Middle
Public6 to 8

John Burroughs High School
Public9 to 12

Burbank Unified Independent Learning Academy (BUILA)
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.

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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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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 Mark Konopaske, Mark Konopaske, DRE #00960857

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.