633 North Rosemary Lane

Burbank, CA 91505

$2,050,000
Price
8
Beds
4
Baths
3,224 Sq. Ft.
$636 / Sq. Ft.
3,224
Sq. Ft.
$636
per Sq. Ft.

Description

Discover a unique investment opportunity at 633 N Rosemary Ln, nestled in the heart of Burbank's sought-after Magnolia Park Neighborhood and conveniently located close to Verdugo Park. This property presents a versatile opportunity with a strategic location near entertainment, shopping, and dining destinations, making it attractive to a wide range of buyers. Whether you're an investor seeking reliable rental income – the complex brings in a strong rental income with quality tenants, or a developer...Discover a unique investment opportunity at 633 N Rosemary Ln, nestled in the heart of Burbank's sought-after Magnolia Park Neighborhood and conveniently located close to Verdugo Park. This property presents a versatile opportunity with a strategic location near entertainment, shopping, and dining destinations, making it attractive to a wide range of buyers. Whether you're an investor seeking reliable rental income – the complex brings in a strong rental income with quality tenants, or a developer with an eye on its residential potential, or even a buyer looking for a home with strong appreciation potential, 633 N Rosemary Ln has the flexibility to meet your needs. Benefit from Burbank's rich historical property value trends and enjoy convenient access to essential amenities like parks, schools, and transportation hubs Major Studio like Disney, Warner Bros, Universal Studios, St. Joseph Hospital, Hollywood/Burbank Airport, and Downtown Burbank. This prime real estate opportunity is perfectly positioned to capitalize on the thriving Burbank market. Don't let this chance slip through your fingers – contact us now to explore the diverse possibilities and secure your stake in this coveted location.
  1. Listed by Cameron Hunter • DRE #01900152 • Brokerage DRE #01877665 • Media West Realty,Inc. • soldbythehunters@gmail.com

Property Details for 633 North Rosemary Lane

Parking Spaces Total
4
Private Pool
No
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
3224
Assessor Parcel Number
2480-022-006
Property Attached YN
false

Location

Listing Courtesy of Media West Realty,Inc., Cameron Hunter, DRE #01900152
Add your commute
LISTING UPDATED: 04/18/2024 02:57 AM

Property Details for 633 North Rosemary Lane

StatusActive Under Contract
MLS #BB24017751
Days on Market77
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1944
CountyLos Angeles County

Location

Listing Courtesy of Media West Realty,Inc., Cameron Hunter, DRE #01900152
Add your commute

Building Information for 633 North Rosemary Lane

Building/Complex633 N Rosemary LnFloor-Stories1Residences-Pet Policy-Year Built1944Building Size-

Payment Calculator

$12,621 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,188

Property Taxes

$1,433

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 633 North Rosemary Lane

Rental Info
Rental Info
  • Tenant Pays: Cable TV
Income / Expense / Tax Details
Income Details
  • Gross Income: $108,180
  • Gross Scheduled Income: $108,180
  • Net Operating Income: $73,388
  • Number Of Rented Garages: 0
Expense Details
  • Operating Expense: $34,792
  • Gardener Expense: $1,460
  • Fuel Expense: $37
  • Licenses Expense: $49
  • Pest Control Expense: $450
  • Electric Expense: $0
  • Insurance Expense: $1,038
  • Maintenance Expense: $4,550
  • Professional Management Expense: $2,692
  • Trash Expense: $0
  • Water Sewer Expense: $1,550
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 13180
  • Tax Census Tract: 3115.00
  • CFD/Mello-Roos Fee: $568
  • Tax Lot: 27
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Entry Location: sidewalk
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Front Yard, Park Nearby
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,870
  • Unit Type Total Rent: $1,870
  • Unit Type Pro Forma: 2450
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,350
  • Unit Type Total Rent: $2,350
  • Unit Type Pro Forma: 2450
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,250
  • Unit Type Total Rent: $2,250
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,495
  • Unit Type Total Rent: $2,495
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4

Property History for 633 North Rosemary Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 633 North Rosemary Lane

Taxable ValueLand$900,648Additions$600,432Total$1,501,080
Tax Record2023$17,198 ($1,433 / month)
Home Facts
Total Finished SqFt3,224 SqFtAbove Grade Finished SqFt3,224 SqFtLot Size11,714 SqFtStyleQuadraplexYear Built1944ZoningBUR3*CountyLOS ANGELESAPN2480-022-006

Schools near 633 North Rosemary Lane

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
Theodore Roosevelt Elementary School
PublicK to 5

David Starr Jordan 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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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 Media West Realty,Inc., Cameron Hunter, DRE #01900152

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.