521 South Lake Street, Unit C

Burbank, CA 91502

$1,600,000
Price
3
Beds
3
Baths
1,725 Sq. Ft.
$928 / Sq. Ft.
1,725
Sq. Ft.
$928
per Sq. Ft.

Description

3 units total. Great opportunity to own Triplex in Burbank. Great schools, centrally located. A little TLC will go a long way for incremental income. Three units approximately 575 sq ft each. 3 units, all 1 bedroom and 1 bath. one of which is a owners unit. Prime BURBANK Location. Imagine remodel and todays market.3 units total. Great opportunity to own Triplex in Burbank. Great schools, centrally located. A little TLC will go a long way for incremental income. Three units approximately 575 sq ft each. 3 units, all 1 bedroom and 1 bath. one of which is a owners unit. Prime BURBANK Location. Imagine remodel and todays market.
  1. Listed by Christopher Jones • DRE #02139600 • Brokerage DRE #02035759 • Titan Heritage

Property Details for 521 South Lake Street, Unit C

Zoning
BUR2*
Parcel Number
2451021006
Total Units
3.0
Living Area
1725
Source Living Area
Vendor Enhanced
Area
Burbank (610)
Vacancy Rate
4
Lot Size Area
6572

Location

Listing Courtesy of Titan Heritage, Christopher Jones, DRE #02139600
Add your commute
LISTING UPDATED: 03/30/2024 12:01 AM

Property Details for 521 South Lake Street, Unit C

StatusActive
MLS #24-372275
Days on Market37
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1951
Lot Size0.15 AC / 6,572 SF
CountyLos Angeles County

Location

Listing Courtesy of Titan Heritage, Christopher Jones, DRE #02139600
Add your commute

Building Information for 521 South Lake Street, Unit C

Stories-Residences-Year Built1951Building Size-Lot Size0.15 AC / 6,572 SF

Payment Calculator

$9,607 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,732

Property Taxes

$875

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 521 South Lake Street, Unit C

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: 3 units
  • Unit Number: C
Contract Info
Contract Info
  • Probate: No
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $100,000.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1508
  • Lot Size Square Feet: 6572
Parking Details
Parking Details
  • Parking Garage: Driveway
  • Total Parking: 0
  • Parking Features: Driveway
Interior Features
Interior Features
  • Levels: One
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Central
  • Heating Type: Central
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-23-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,800.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,800.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,800.00
  • Unit Actual Rent: $1,300.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $207,810.00
  • Assessed Improvement Percent: 33.36
  • Assessed Land Value: $415,171.00
  • Assessed Land Percent: 66.64
  • Assessed Total Value: $622,981.00

Property History for 521 South Lake Street, Unit C

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 521 South Lake Street, Unit C

Taxable ValueLand$542,656Additions$378,942Total$921,598
Tax Record2023$10,505 ($875 / month)
Home Facts
Total Finished SqFt1,725 SqFtAbove Grade Finished SqFt1,725 SqFtLot Size6,604 SqFtStyleTriplexYear Built1951ZoningBUR2*CountyLOS ANGELESAPN2451-021-006

Schools near 521 South Lake Street, Unit C

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 - 7 to 12
Rating
School
Distance
William Mckinley Elementary School
PublicK to 5

David Starr Jordan Middle School
Public6 to 8

John Burroughs High School
Public9 to 12

Burbank Usd Community Day School
Public7 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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521 South Lake Street, Unit C is a multi-family home for sale in Burbank, CA 91502. This property was listed for sale on March 22, 2024 by Titan Heritage, it's currently listed at $1,600,000. This listing's school district is Burbank Unified School District. Nearby schools include William Mckinley Elementary School, David Starr Jordan Middle School and John Burroughs High School. 521 South Lake Street, Unit C is a 3-bed, 3-bath, 1,725 sqft multi-family home built in 1951.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Titan Heritage, Christopher Jones, DRE #02139600

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.